Residential Income Property with
For Sale
$320,000
1250 4TH STREET SW Unit W107, Washington, DC 20024
Renovated one-bedroom residence with an open layout and access to shared building amenities.
Property Size670 SF
Price / SF$477.61
Days on Market115
Property Features for 1250 4TH STREET SW Unit W107
General Information
Standard status
Active
Size
670 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,476
Amenities
pool
landscaped grounds with water features
bike storage
shared laundry
24-hour concierge services
secure entry system
Building Details
Building Size
670 SF
Year Built
1967
Listing Agency:
Side
Listed By:
Karta Properties
(703) 509-4300
Source:
Kartaproperties
Added: Jul 7
Changed: Oct 26
Last Checked: Oct 26 at 2:41PM
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 Side
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Investment Insights
Based on property information with market context.
This 670-square-foot condominium residence has one bedroom and one bathroom, with an open-concept layout, tall ceilings, and wide-plank flooring. Glass sliders connect the living area to a balcony overlooking the courtyard. The kitchen includes stainless steel appliances, cabinetry, countertops, and a backsplash; the bedroom has floor-to-ceiling windows and built-ins. A walk-in shower, custom shelving, and additional storage complete the interior. The residence was built in 1967 and has been renovated.
Carrollsburg Condominiums offers a pool, landscaped grounds with water features, bike storage, shared laundry, 24-hour concierge service, and secure entry. The property is near The Wharf, Arena Stage, local grocers, and the SW/Waterfront Metro Station, with access to I-395, I-695, the National Mall, and East Potomac Park. Living room, dining room, foyer, and bathroom light fixtures are excluded from the sale.
Carrollsburg Condominiums offers a pool, landscaped grounds with water features, bike storage, shared laundry, 24-hour concierge service, and secure entry. The property is near The Wharf, Arena Stage, local grocers, and the SW/Waterfront Metro Station, with access to I-395, I-695, the National Mall, and East Potomac Park. Living room, dining room, foyer, and bathroom light fixtures are excluded from the sale.
Key Highlights
- 670‑square‑foot condominium residence with one bedroom and one bathroom
- Balcony with courtyard views
- Renovated interior with open‑concept layout, tall ceilings, and wide‑plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,132
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,640
$222.6K
Cap Rate 7%
$159,029
$159.0K
Cap Rate 9%
$123,689
$123.7K
Market Conditions
NOI Build-Up for 670 SF
Gross rent
$21.3K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.2K $30.21/SF
− OpEx
−$9.1K −$13.59/SF
NOI
$11.1K $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%
$222,640
Cap Rate 7%
$159,029
Cap Rate 9%
$123,689
Alternative Uses
Best Use
Apartment 5plus
$159.0K
$139.2K – $185.5K
NOI $11,132 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$344.6K
$301.6K – $402.1K
NOI $24,124 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
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
Frequently Asked Questions
What type of property is this?
Residential income property - Renovated one-bedroom residence with an open layout and access to shared building amenities.
Where is this residential income property located?
The property is located at 1250 4TH STREET SW Unit W107 Washington, DC.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 670‑square‑foot condominium residence with one bedroom and one bathroom; Balcony with courtyard views; Renovated interior with open‑concept layout, tall ceilings, and wide‑plank flooring
