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Updated One-Bedroom Residential Income Property
New
For Sale
$285,000

1250 4TH ST SW #W413, Washington, DC 20024

WASHINGTON, DC

Property Size718 SF
Price / SF$396.94
Days on Market4

Property Features for 1250 4TH ST SW #W413

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 1
Subdivision WATERFRONT SW RLA
Elementary school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status Active

Amenities

private balcony
outdoor swimming pool

Building Details

Year built 1967
Listing Agency: North Potomac/Rockville
Listed By: Aklilu Seium
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 13 at 9:06PM
MLS# DCDC2282632

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 718-square-foot, fourth-floor residence at 1250 4TH ST SW #W413 offers one bedroom and 1.5 baths within a 1967 condominium property. The interior includes hardwood flooring, large windows, generous storage, and an updated kitchen with quartz counters, stainless steel appliances, gas cooking, and ample cabinetry. A private oversized balcony extends the living area, while a dedicated garage parking space is located near the garage entrance and elevator.

The property is positioned in Southwest Washington near Waterfront Metro, The Wharf, Nationals Park, Audi Field, Arena Stage, The Anthem, dining, shopping, entertainment, and the waterfront. Community amenities include green space, an outdoor swimming pool, and shared common areas. Utilities are included in the condominium fee.

Key Highlights

  • 718‑square‑foot fourth‑floor residence with 1 bedroom and 1.5 baths
  • Private oversized balcony with open views
  • Dedicated garage parking space near the garage entrance and elevator

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,930
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.19%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$238,600 $238.6K
Cap Rate 7%
$170,429 $170.4K
Cap Rate 9%
$132,556 $132.6K
Market Conditions
NOI Build-Up for 718 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.8K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$21.7K $30.21/SF
− OpEx
−$9.8K −$13.59/SF
NOI
$11.9K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$238,600
Cap Rate 7%
$170,429
Cap Rate 9%
$132,556

Alternative Uses

Best Use
Apartment 5plus
$170.4K
$149.1K – $198.8K (±1% cap)
NOI $11,930 @ 7.0% cap · market cap 4.19%
Second Best
no second resolved use
Theoretical Best
Office A
$369.3K
$323.2K – $430.9K (±1% cap)
NOI $25,852 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Lunahuasi Inc Physician National Congress of Black ... Charitable Organization Carrollsburg Condominium Condominium Complex Capitol Solar Solar Energy Company

Suggested Use

Top Pick Electrical Service Locksmith Furniture & Home Goods Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,013
Businesses Nearby

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 - Fourth-floor residence with private balcony, garage parking, and an updated kitchen.
Where is this residential income property located?
The property is located at 1250 4TH ST SW #W413 Washington, DC.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 718‑square‑foot fourth‑floor residence with 1 bedroom and 1.5 baths; Private oversized balcony with open views; Dedicated garage parking space near the garage entrance and elevator
More about this property
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