Residential Income
For Sale
$385,000
1322 MISSOURI AVENUE NW Unit 301, Washington, DC 20011
Constructed in 1958, this property is classified as a residential income asset.
Property Size1,122 SF
Price / SF$343.14
Days on Market21
Property Features for 1322 MISSOURI AVENUE NW Unit 301
General Information
Standard status
Active
Size
1,122 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,803
Building Details
Building Size
1,122 SF
Year Built
1958
Listing Agency:
Real Broker, LLC
Listed By:
Warren Chang · License #SP40004383
(951) 505-5555
Source:
Jackrealtygroup
Added: Oct 10
Changed: Oct 28
Last Checked: Oct 26 at 3:16PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This residential income property contains 1,122 square feet and was built in 1958. The property is identified as Unit 301 at 1322 Missouri Avenue NW in Washington, DC 20011.
Key Highlights
- 1,122 square feet
- Built in 1958
- Unit 301 at 1322 Missouri Avenue NW, Washington, DC 20011
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,858
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,160
$357.2K
Cap Rate 7%
$255,114
$255.1K
Cap Rate 9%
$198,422
$198.4K
Market Conditions
NOI Build-Up for 1,122 SF
Gross rent
$34.5K $30.72/SF
− Vacancy
−$2.0K −$1.78/SF
EGI
$32.5K $28.94/SF
− OpEx
−$14.6K −$13.02/SF
NOI
$17.9K $15.92/SF
Area
ZIP 20011
Vacancy
5.80%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,160
Cap Rate 7%
$255,114
Cap Rate 9%
$198,422
Alternative Uses
Best Use
Apartment 5plus
$255.1K
$223.2K – $297.6K
NOI $17,858 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$579.3K
$506.9K – $675.8K
NOI $40,550 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
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Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Constructed in 1958, this property is classified as a residential income asset.
Where is this residential income property located?
The property is located at 1322 MISSOURI AVENUE NW Unit 301 Washington, DC.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,122 square feet; Built in 1958; Unit 301 at 1322 Missouri Avenue NW, Washington, DC 20011
