One-Bedroom Cooperative
For Sale
$280,000
1245 4TH STREET SW Unit E106, Washington, DC 20024
Renovated kitchen and bathroom, a private balcony, and four oversized closets add practical features to the residence.
Property Size840 SF
Price / SF$333.33
Days on Market177
Property Features for 1245 4TH STREET SW Unit E106
General Information
Standard status
Active
Size
840 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
HOA Fee
$683
Amenities
concierge service
landscaping
pool
fitness centers
common area maintenance
green space
walking paths
24-hour front desk service
Building Details
Building Size
840 SF
Year Built
1966
Construction
mid-century modern
Listing Agency:
Coldwell Banker Realty - Washington
Listed By:
Samuel Pastore
(202) 441-9823
Source:
Kartaproperties
Added: May 7
Changed: Oct 27
Last Checked: Oct 26 at 2:48PM
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 Coldwell Banker Realty - Washington
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Investment Insights
Based on property information with market context.
This one-bedroom cooperative residence has an open living and dining area, hardwood floors, and a private balcony overlooking landscaped courtyard greenery. A built-in desk nook provides a separate work or reading area. The renovated kitchen features wood cabinetry, stone countertops and backsplash, stainless steel appliances, and updated flooring; the bathroom has a tiled shower, updated vanity, and contemporary fixtures. Four oversized closets provide substantial in-unit storage.
Building amenities include two 24-hour fitness centers, an outdoor pool, landscaped courtyards, walking paths, and 24-hour front desk service. The building was constructed in 1966. The Washington Metro is across the street, and the property is near the Wharf, waterfront trails, restaurants, parks, and Arena Stage.
Building amenities include two 24-hour fitness centers, an outdoor pool, landscaped courtyards, walking paths, and 24-hour front desk service. The building was constructed in 1966. The Washington Metro is across the street, and the property is near the Wharf, waterfront trails, restaurants, parks, and Arena Stage.
Key Highlights
- One‑bedroom cooperative residence with a private balcony
- Open living and dining area with hardwood floors and a built‑in desk nook
- Renovated kitchen with wood cabinets, stone counters and backsplash, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,957
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,140
$279.1K
Cap Rate 7%
$199,386
$199.4K
Cap Rate 9%
$155,078
$155.1K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$26.7K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$25.4K $30.21/SF
− OpEx
−$11.4K −$13.59/SF
NOI
$14.0K $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%
$279,140
Cap Rate 7%
$199,386
Cap Rate 9%
$155,078
Alternative Uses
Best Use
Apartment 5plus
$199.4K
$174.5K – $232.6K
NOI $13,957 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.1K
$378.1K – $504.1K
NOI $30,245 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,013
Businesses Nearby
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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 - Renovated kitchen and bathroom, a private balcony, and four oversized closets add practical features to the residence.
Where is this residential income property located?
The property is located at 1245 4TH STREET SW Unit E106 Washington, DC.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: One‑bedroom cooperative residence with a private balcony; Open living and dining area with hardwood floors and a built‑in desk nook; Renovated kitchen with wood cabinets, stone counters and backsplash, and stainless steel appliances
