Residential Income Property with
For Sale
$179,000
1245 4TH STREET SW Unit E-210, Washington, DC 20024
A junior one-bedroom residence pairs renovated interiors with a private outdoor area.
Property Size554 SF
Price / SF$323.10
Days on Market120
Property Features for 1245 4TH STREET SW Unit E-210
General Information
Standard status
Active
Size
554 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Public Transit
Yes
Amenities
private patio
Building Details
Building Size
554 SF
Year Built
1966
Listing Agency:
Samson Properties
Listed By:
Tiffany Dodson · License #SP98378327
(202) 285-2121
Source:
Jackrealtygroup
Added: Jul 2
Changed: Oct 27
Last Checked: Oct 26 at 2:56PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This 554-square-foot junior one-bedroom residence at Tiber Island has a defined sleeping area and a light-filled living and dining space. Renovations include updated flooring, a remodeled kitchen with updated cabinetry, countertops and appliances, and an upgraded bathroom. A private patio extends the living area outdoors. The building dates to 1966.
The property is in Southwest DC’s Waterfront community, near the Waterfront, the Wharf District, Metro access, shopping, dining and major commuter routes. A separately taxed parking space is available for purchase. The co-op fee covers property taxes, utilities, cable and internet.
The property is in Southwest DC’s Waterfront community, near the Waterfront, the Wharf District, Metro access, shopping, dining and major commuter routes. A separately taxed parking space is available for purchase. The co-op fee covers property taxes, utilities, cable and internet.
Key Highlights
- 554‑square‑foot junior one‑bedroom residence
- Private patio
- Renovated kitchen, upgraded bathroom and updated flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,205
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$184,100
$184.1K
Cap Rate 7%
$131,500
$131.5K
Cap Rate 9%
$102,278
$102.3K
Market Conditions
NOI Build-Up for 554 SF
Gross rent
$17.6K $31.80/SF
− Vacancy
−$881 −$1.59/SF
EGI
$16.7K $30.21/SF
− OpEx
−$7.5K −$13.59/SF
NOI
$9.2K $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%
$184,100
Cap Rate 7%
$131,500
Cap Rate 9%
$102,278
Alternative Uses
Best Use
Apartment 5plus
$131.5K
$115.1K – $153.4K
NOI $9,205 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$285.0K
$249.3K – $332.5K
NOI $19,947 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,013
Businesses Nearby
Explore this area
Business Placement
Demographics for 20024, DC
15,952
Population
11,560
Households
1.4
Avg Household Size
37
Median Age
70%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
7,251
Density / Sq Mi
$102,623
Median Household Income
$94,419
Median Earnings
$2,121
Median Rent
$497,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A junior one-bedroom residence pairs renovated interiors with a private outdoor area.
Where is this residential income property located?
The property is located at 1245 4TH STREET SW Unit E-210 Washington, DC.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 554‑square‑foot junior one‑bedroom residence; Private patio; Renovated kitchen, upgraded bathroom and updated flooring
