One-Bedroom Condo with
For Sale
$398,000
1325 18TH STREET NW Unit 308, Washington, DC 20036
A flexible den complements the renovated residence, alongside updated kitchen finishes and in-building services.
Property Size774 SF
Price / SF$514.21
Days on Market50
Property Features for 1325 18TH STREET NW Unit 308
General Information
Standard status
Active
Size
774 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Dupont Circle
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,206
Amenities
24 hr front desk
entrance security
professional on-site management
every-floor laundry facilities
in-building rental parking
rooftop pool and terrace
Building Details
Building Size
774 SF
Year Built
1974
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Jeanne M Kersting · License #SP98362689
(240) 426-1929
Source:
Canopy-re
Added: Sep 10
Changed: Oct 27
Last Checked: Oct 26 at 12:37PM
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 774-square-foot residence at The Palladium dates to 1974 and has one bedroom plus a den. The foyer leads into a combined living and dining area, with French doors connecting to the bedroom and den. The kitchen features stainless-steel appliances, granite counters, a pantry, designer cabinetry, and a breakfast bar. Renovations include the bathroom, lighting, paint, and flooring; the bedroom has two custom-built closets.
Building services include a 24-hour front desk, secured entrance, on-site management, laundry facilities on every floor, and rental parking within the building. Residents also have access to a rooftop pool and terrace with Washington views. The property is moments from the Dupont Metro station, restaurants, cafes, shops, and everyday conveniences.
Building services include a 24-hour front desk, secured entrance, on-site management, laundry facilities on every floor, and rental parking within the building. Residents also have access to a rooftop pool and terrace with Washington views. The property is moments from the Dupont Metro station, restaurants, cafes, shops, and everyday conveniences.
Key Highlights
- 774‑square‑foot residence built in 1974
- One bedroom plus a separate den
- Updated kitchen with stainless‑steel appliances, granite counters, pantry, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,860
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,200
$257.2K
Cap Rate 7%
$183,714
$183.7K
Cap Rate 9%
$142,889
$142.9K
Market Conditions
NOI Build-Up for 774 SF
Gross rent
$24.6K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$23.4K $30.21/SF
− OpEx
−$10.5K −$13.59/SF
NOI
$12.9K $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%
$257,200
Cap Rate 7%
$183,714
Cap Rate 9%
$142,889
Alternative Uses
Best Use
Apartment 5plus
$183.7K
$160.8K – $214.3K
NOI $12,860 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$398.1K
$348.4K – $464.5K
NOI $27,868 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
27,523
Businesses Nearby
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Business Placement
Demographics for 20036, DC
6,109
Population
4,383
Households
1.4
Avg Household Size
33
Median Age
95%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
20,363
Density / Sq Mi
$105,800
Median Household Income
$98,527
Median Earnings
$2,301
Median Rent
$442,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A flexible den complements the renovated residence, alongside updated kitchen finishes and in-building services.
Where is this residential income property located?
The property is located at 1325 18TH STREET NW Unit 308 Washington, DC.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: 774‑square‑foot residence built in 1974; One bedroom plus a separate den; Updated kitchen with stainless‑steel appliances, granite counters, pantry, and breakfast bar
