Updated Residential Income
For Sale
$475,000
1245 13TH STREET NW Unit 105, Washington, DC 20005
Two-level townhome-style condominium with a private entrance, rooftop terrace access, and all utilities included in the condo fee.
Property Size884 SF
Days on Market34
Property Features for 1245 13TH STREET NW Unit 105
General Information
Standard status
Active
Size
884 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,499
Amenities
rooftop terrace
pet-friendly
Building Details
Building Size
884 SF
Year Built
1981
Listing Agency:
Compass
Listed By:
Sherilee J Cronin
(571) 451-7577
Source:
Kwcapitalproperties
Added: Sep 16
Changed: Oct 18
Last Checked: Oct 16 at 2:30PM
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 Compass
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Investment Insights
Based on property information with market context.
This updated two-level, townhome-style condominium features a private entrance and a residential layout within a pet-friendly building. The condo fee includes all utilities, and residents have access to a rooftop terrace with panoramic city views. The property was built in 1981.
The home is positioned near Logan Circle’s dining, shopping, and entertainment offerings, with Whole Foods three blocks away and Giant and Trader Joe’s within walking distance. The 9th and 14th Street corridors include Le Diplomate, Convivial, Chaplin’s, The Black Cat, Studio Theatre, and Source Theatre. Logan Park is nearby, while Shaw-Howard and Mt. Vernon Square Metro stations and multiple Metrobus routes provide transit access.
The home is positioned near Logan Circle’s dining, shopping, and entertainment offerings, with Whole Foods three blocks away and Giant and Trader Joe’s within walking distance. The 9th and 14th Street corridors include Le Diplomate, Convivial, Chaplin’s, The Black Cat, Studio Theatre, and Source Theatre. Logan Park is nearby, while Shaw-Howard and Mt. Vernon Square Metro stations and multiple Metrobus routes provide transit access.
Key Highlights
- Two‑level townhome‑style condominium with a private entrance
- Updated throughout within a pet‑friendly building
- Condo fee includes all utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,688
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,760
$293.8K
Cap Rate 7%
$209,829
$209.8K
Cap Rate 9%
$163,200
$163.2K
Market Conditions
NOI Build-Up for 884 SF
Gross rent
$28.1K $31.80/SF
− Vacancy
−$1.4K −$1.59/SF
EGI
$26.7K $30.21/SF
− OpEx
−$12.0K −$13.59/SF
NOI
$14.7K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,760
Cap Rate 7%
$209,829
Cap Rate 9%
$163,200
Alternative Uses
Best Use
Apartment 5plus
$209.8K
$183.6K – $244.8K
NOI $14,688 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$454.7K
$397.9K – $530.5K
NOI $31,829 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
16,717
Businesses Nearby
Explore this area
Business Placement
Demographics for 20005, DC
12,953
Population
9,558
Households
1.4
Avg Household Size
35
Median Age
80%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
32,383
Density / Sq Mi
$111,960
Median Household Income
$100,188
Median Earnings
$2,223
Median Rent
$636,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-level townhome-style condominium with a private entrance, rooftop terrace access, and all utilities included in the condo fee.
Where is this residential income property located?
The property is located at 1245 13TH STREET NW Unit 105 Washington, DC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑level townhome‑style condominium with a private entrance; Updated throughout within a pet‑friendly building; Condo fee includes all utilities
