One-Bedroom Condo with
For Sale
$275,000
1250 4TH STREET SW Unit W413, Washington, DC 20024
A renovated kitchen, assigned garage parking and utility-inclusive ownership add practical features to this residential unit.
Property Size718 SF
Price / SF$383.01
Days on Market21
Property Features for 1250 4TH STREET SW Unit W413
General Information
Standard status
Active
Size
718 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,892
Amenities
outdoor swimming pool
common areas
green space
Building Details
Building Size
718 SF
Year Built
1967
Listing Agency:
Compass
Listed By:
Kathryn R Loughney · License #SP98362322
(703) 597-9943
Source:
Kartaproperties
Added: Oct 8
Changed: Oct 26
Last Checked: Oct 26 at 3:01PM
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 Compass
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Investment Insights
Based on property information with market context.
This 718-square-foot condominium, built in 1967, has one bedroom and one-and-a-half bathrooms. Hardwood flooring and broad windows shape the living area, while storage closets are provided throughout. The kitchen has been renovated with quartz counters and stainless steel appliances. A private balcony extends the living space, and a dedicated parking spot is near the garage entry and elevator. Utilities are included.
Residents have access to landscaped common areas and an outdoor swimming pool. The property is a short walk from the Waterfront Metro station and The Wharf; Nationals Park, Audi Field, Arena Stage and The Anthem are also nearby.
Residents have access to landscaped common areas and an outdoor swimming pool. The property is a short walk from the Waterfront Metro station and The Wharf; Nationals Park, Audi Field, Arena Stage and The Anthem are also nearby.
Key Highlights
- 718‑square‑foot condominium with one bedroom and 1.5 bathrooms
- Renovated kitchen with quartz countertops and stainless steel appliances
- Private balcony and hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,930
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
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
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 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
NOI $11,930 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.3K
$323.2K – $430.9K
NOI $25,852 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Utilities to site
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 - A renovated kitchen, assigned garage parking and utility-inclusive ownership add practical features to this residential unit.
Where is this residential income property located?
The property is located at 1250 4TH STREET SW Unit W413 Washington, DC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 718‑square‑foot condominium with one bedroom and 1.5 bathrooms; Renovated kitchen with quartz countertops and stainless steel appliances; Private balcony and hardwood floors
