Three-Level Residential Income
For Sale
$1,098,000
1334 BELMONT STREET NW Unit 302, Washington, DC 20009
The two-bedroom layout includes a den, bedrooms on separate levels, and private outdoor space.
Property Size1,650 SF
Days on Market27
Property Features for 1334 BELMONT STREET NW Unit 302
General Information
Standard status
Active
Size
1,650 SF
Total Parking Spaces
1
Property subtype
Penthouse Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,815
Amenities
private terrace
hardwood floors
soaring ceilings
gas fireplace
private balcony
open kitchen
Viking range
Sub Zero refrigerator
bar seating
dual zone HVAC
custom walk-in closets
flexible space
Building Details
Building Size
1,650 SF
Year Built
2008
Listing Agency:
Compass
Listed By:
Tyler Garrison · License #SP98367155
(202) 256-2132
Source:
Barnesrealestatecompany
Added: Sep 22
Changed: Oct 9
Last Checked: Oct 16 at 3:13PM
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 three-level residential property has two bedrooms, two full baths, and a flexible den. Hardwood floors, high ceilings, and a gas fireplace distinguish the main level, which also includes a balcony. The kitchen features a Viking range, Sub-Zero refrigerator, and seating at the bar. Dual-zone HVAC serves the home; one system was replaced in 2026. Both bedrooms have custom walk-in closets and occupy separate levels. The upper level opens to a private terrace measuring 600+ square feet.
The property is in Washington, DC, near Whole Foods, Trader Joe’s, the U Street Metro, restaurants, and nightlife. A separately deeded parking space is included.
The property is in Washington, DC, near Whole Foods, Trader Joe’s, the U Street Metro, restaurants, and nightlife. A separately deeded parking space is included.
Key Highlights
- Three‑level layout with 2 bedrooms, 2 full baths, and a den
- Private terrace measures 600+ square feet; main level also has a balcony
- Viking range, Sub‑Zero refrigerator, and bar seating in the kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,109
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,180
$642.2K
Cap Rate 7%
$458,700
$458.7K
Cap Rate 9%
$356,767
$356.8K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$62.0K $37.56/SF
− Vacancy
−$3.6K −$2.18/SF
EGI
$58.4K $35.38/SF
− OpEx
−$26.3K −$15.92/SF
NOI
$32.1K $19.46/SF
Area
ZIP 20009
Vacancy
5.80%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,180
Cap Rate 7%
$458,700
Cap Rate 9%
$356,767
Alternative Uses
Best Use
Apartment 5plus
$458.7K
$401.4K – $535.2K
NOI $32,109 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$848.7K
$742.6K – $990.2K
NOI $59,410 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,671
Businesses Nearby
Explore this area
Business Placement
Demographics for 20009, DC
53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom layout includes a den, bedrooms on separate levels, and private outdoor space.
Where is this residential income property located?
The property is located at 1334 BELMONT STREET NW Unit 302 Washington, DC.
What is the asking price?
The asking price for this property is $1,098,000.
What are key features of this property?
This property features: Three‑level layout with 2 bedrooms, 2 full baths, and a den; Private terrace measures 600+ square feet; main level also has a balcony; Viking range, Sub‑Zero refrigerator, and bar seating in the kitchen
