Bi-Level Residential Income
New
For Sale
$599,000
1341 PENNSYLVANIA AVENUE SE Unit 1A, Washington, DC 20003
The 2026-built residence includes shared rooftop and fitness amenities, plus basement storage.
Property Size1,352 SF
Price / SF$443.05
Days on Market4
Property Features for 1341 PENNSYLVANIA AVENUE SE Unit 1A
General Information
Standard status
Active
Size
1,352 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southeast
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$8,208
Amenities
shared rooftop terrace
exercise room
Building Details
Building Size
1,352 SF
Year Built
2026
Listing Agency:
RLAH @properties
Listed By:
Brian M Thomas · License #SP98360750
(202) 246-5368
Source:
Kerishull
Added: Oct 28
Changed: Oct 31
Last Checked: Oct 30 at 6:06PM
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 RLAH @properties
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Investment Insights
Based on property information with market context.
This 1,352-square-foot, bi-level residence has a main living area and two lower-level bedrooms. The layout includes two full bathrooms and a powder room. Completed in 2026, the property also offers basement storage and access to a shared rooftop terrace and exercise room.
Metro access is steps away, providing a convenient connection for commuting and city travel.
Metro access is steps away, providing a convenient connection for commuting and city travel.
Key Highlights
- 1,352 square feet arranged across two levels
- Two bedrooms, two full bathrooms, and a powder room
- Shared rooftop terrace and exercise room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,464
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,280
$449.3K
Cap Rate 7%
$320,914
$320.9K
Cap Rate 9%
$249,600
$249.6K
Market Conditions
NOI Build-Up for 1,352 SF
Gross rent
$43.0K $31.80/SF
− Vacancy
−$2.1K −$1.59/SF
EGI
$40.8K $30.21/SF
− OpEx
−$18.4K −$13.59/SF
NOI
$22.5K $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%
$449,280
Cap Rate 7%
$320,914
Cap Rate 9%
$249,600
Alternative Uses
Best Use
Apartment 5plus
$320.9K
$280.8K – $374.4K
NOI $22,464 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$695.4K
$608.5K – $811.3K
NOI $48,680 @ 7.0% cap · market cap 8.13%
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
2,530
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 2026-built residence includes shared rooftop and fitness amenities, plus basement storage.
Where is this residential income property located?
The property is located at 1341 PENNSYLVANIA AVENUE SE Unit 1A Washington, DC.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,352 square feet arranged across two levels; Two bedrooms, two full bathrooms, and a powder room; Shared rooftop terrace and exercise room
