Junior One-Bedroom Cooperative
For Sale
$169,000
1245 4TH STREET SW Unit E-409, Washington, DC 20024
A private balcony and open living area complement this compact residence, with pool and gym access in the building.
Property Size554 SF
Price / SF$305.05
Days on Market83
Property Features for 1245 4TH STREET SW Unit E-409
General Information
Standard status
Active
Size
554 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$549,400
Amenities
private balcony
pool
gym
24-hr front desk
Building Details
Building Size
554 SF
Year Built
1964
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Oyingtare A Youdeowei · License #SP98359059
(301) 404-7678
Source:
Mxwrealestate
Added: Aug 9
Changed: Oct 30
Last Checked: Oct 30 at 2:16AM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 554-square-foot junior one-bedroom residence has an open living and dining area, hardwood floors, oversized windows, and sliding glass doors to a private balcony with city views. The kitchen includes gas cooking, stainless steel appliances, and cabinet storage. A defined sleeping area, generous closets, and a classic-finish bathroom complete the layout. The building dates to 1964 and is pet friendly; amenities include a 24-hour front desk, pool, and gym. Electricity, water, gas, and real estate taxes are included in the cooperative fee.
The property is one block from the SW Metro stop and close to the SW Waterfront, The Wharf, Nationals Park, Audi Field, dining, shopping, and entertainment.
The property is one block from the SW Metro stop and close to the SW Waterfront, The Wharf, Nationals Park, Audi Field, dining, shopping, and entertainment.
Key Highlights
- 554‑square‑foot junior one‑bedroom residence
- Private balcony accessed through sliding glass doors
- Gas cooking, stainless steel appliances, and ample kitchen cabinet storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,205
Cap Rate
5.45%
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 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$285.0K
$249.3K – $332.5K
NOI $19,947 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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 - A private balcony and open living area complement this compact residence, with pool and gym access in the building.
Where is this residential income property located?
The property is located at 1245 4TH STREET SW Unit E-409 Washington, DC.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: 554‑square‑foot junior one‑bedroom residence; Private balcony accessed through sliding glass doors; Gas cooking, stainless steel appliances, and ample kitchen cabinet storage
