Remodeled One-Bedroom Apartment Near
For Sale
$159,900
2650 BIRNEY SE 102, Washington, DC 20020
Remodeled one-bedroom apartment with modern amenities and convenient location.
Property Size575 SF
Days on Market314
Property Features for 2650 BIRNEY SE 102
General Information
Standard status
Active
Size
575 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$651
Building Details
Building Size
575 SF
Year Built
1952
Units
6
Listed By:
Lee J Kriegsfeld
(202) 363-9640
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 6
Last Checked: Oct 7 at 12:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee J Kriegsfeld
Investment Insights
Based on property information with market context.
This custom one-bedroom deluxe apartment is located on the first floor and features one bathroom. The unit has been recently remodeled and includes a full kitchen with stainless steel appliances, laminate floors, a washer and dryer, individual gas heat, central AC, and gas hot water. The monthly operating assessment is $300, which includes real estate taxes, off-street parking, access to a fitness room and dog park, parcel lockers, and on-site management. Pets are allowed with approval, but leasing is restricted. The building features an extensive CCTV system, building entry intercom, FOB access system, and a Primus controlled key system with mortice locks on all units. The property is located three blocks from the Anacostia Green Line Metro and is served by six bus lines. It is a five-minute drive to National Park/Navy Yard and is next to Homeland Security and the Coast Guard at St. E West. This property presents a homeownership opportunity, especially for a first-time buyer or a buyer with little down payment cash.
Key Highlights
- Low $300 monthly assessment includes real estate taxes, off‑street parking, and other amenities.
- Conveniently located 3 blocks from Anacostia Green Line Metro, served by 6 bus lines, and a 5‑minute drive to National Park/Navy Yard.
- Remodeled 1BR unit features stainless steel appliances, laminate floors, washer/dryer, gas heat, central AC, and gas hot water.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,077
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,540
$181.5K
Cap Rate 7%
$129,671
$129.7K
Cap Rate 9%
$100,856
$100.9K
Market Conditions
NOI Build-Up for 575 SF
Gross rent
$17.6K $30.60/SF
− Vacancy
−$1.1K −$1.90/SF
EGI
$16.5K $28.70/SF
− OpEx
−$7.4K −$12.92/SF
NOI
$9.1K $15.79/SF
Area
ZIP 20020
Vacancy
6.20%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,540
Cap Rate 7%
$129,671
Cap Rate 9%
$100,856
Alternative Uses
Best Use
Apartment 5plus
$129.7K
$113.5K – $151.3K
NOI $9,077 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$296.9K
$259.8K – $346.4K
NOI $20,781 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Remodeled one-bedroom apartment with modern amenities and convenient location.
Where is this apartment building located?
The property is located at 2650 BIRNEY SE 102 Washington, DC.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Low $300 monthly assessment includes real estate taxes, off‑street parking, and other amenities.; Conveniently located 3 blocks from Anacostia Green Line Metro, served by 6 bus lines, and a 5‑minute drive to National Park/Navy Yard.; Remodeled 1BR unit features stainless steel appliances, laminate floors, washer/dryer, gas heat, central AC, and gas hot water.
