Residential Income
For Sale
$325,000
1325 18TH STREET NW Unit 410, Washington, DC 20036
The 2017 renovation opened the kitchen to the living area and updated the unit’s flooring and lighting.
Property Size714 SF
Price / SF$455.18
Days on Market117
Property Features for 1325 18TH STREET NW Unit 410
General Information
Standard status
Active
Size
714 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Dupont Circle
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,892
Amenities
rooftop pool
24/7 security & concierge
secure package receiving
controlled entry access
secure bike storage
indoor party/conference room
rental parking options
washer/dryer on each floor
Building Details
Building Size
714 SF
Year Built
1974
Year Renovated
2017
Listing Agency:
Century 21 Redwood Realty
Listed By:
Marc Lapointe · License #PS98378905
(917) 575-8430
Source:
Kartaproperties
Added: Jul 6
Changed: Oct 27
Last Checked: Oct 26 at 2:33PM
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 Century 21 Redwood Realty
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Investment Insights
Based on property information with market context.
This 714-square-foot, one-bedroom, one-bathroom condominium has an open layout connecting the kitchen, dining area, and living space. A 2017 renovation updated the flooring and lighting and reworked the kitchen and living-area configuration. Oversized windows bring natural light into the unit.
Building amenities include a rooftop swimming pool and sun deck, a staffed front desk with 24-hour concierge service, controlled entry, package receiving, elevator access, secure bicycle storage, and an indoor party and conference room. Rental parking is available in the building’s garage. Electricity, water, and sewer are covered by the condo fee; residents arrange their own internet and cable service.
The property is two blocks from the Dupont Circle Metro station on the Red Line. Trader Joe’s and Whole Foods are within walking distance, as are restaurants, cafes, bookstores, and retail along Connecticut Avenue and 18th Street. A washer and dryer are available on each floor.
Building amenities include a rooftop swimming pool and sun deck, a staffed front desk with 24-hour concierge service, controlled entry, package receiving, elevator access, secure bicycle storage, and an indoor party and conference room. Rental parking is available in the building’s garage. Electricity, water, and sewer are covered by the condo fee; residents arrange their own internet and cable service.
The property is two blocks from the Dupont Circle Metro station on the Red Line. Trader Joe’s and Whole Foods are within walking distance, as are restaurants, cafes, bookstores, and retail along Connecticut Avenue and 18th Street. A washer and dryer are available on each floor.
Key Highlights
- 714‑square‑foot condominium with one bedroom and one bathroom
- 2017 renovation updated flooring and lighting and opened the kitchen to the living area
- Rooftop pool and sun deck, 24‑hour concierge, controlled entry, and secure package receiving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,863
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,260
$237.3K
Cap Rate 7%
$169,471
$169.5K
Cap Rate 9%
$131,811
$131.8K
Market Conditions
NOI Build-Up for 714 SF
Gross rent
$22.7K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$21.6K $30.21/SF
− OpEx
−$9.7K −$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%
$237,260
Cap Rate 7%
$169,471
Cap Rate 9%
$131,811
Alternative Uses
Best Use
Apartment 5plus
$169.5K
$148.3K – $197.7K
NOI $11,863 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$367.3K
$321.4K – $428.5K
NOI $25,708 @ 7.0% cap · market cap 7.91%
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 - The 2017 renovation opened the kitchen to the living area and updated the unit’s flooring and lighting.
Where is this residential income property located?
The property is located at 1325 18TH STREET NW Unit 410 Washington, DC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 714‑square‑foot condominium with one bedroom and one bathroom; 2017 renovation updated flooring and lighting and opened the kitchen to the living area; Rooftop pool and sun deck, 24‑hour concierge, controlled entry, and secure package receiving
