Loft-Style Residential Income
For Sale
$749,000
1433 K STREET SE Unit 101, Washington, DC 20003
Two-bedroom condominium with flexible loft space, private patio, garage parking, and smart-home access features.
Property Size1,313 SF
Days on Market27
Property Features for 1433 K STREET SE Unit 101
General Information
Standard status
Active
Size
1,313 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2.5BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,998
Amenities
hardwood floors
stainless steel appliances
private patio
in-unit laundry
smart home features
secure garage parking
Building Details
Building Size
1,313 SF
Year Built
2016
Construction
loft-style
Listing Agency:
Compass
Listed By:
Jeff Chreky · License #FP98378806
(301) 455-1441
Source:
Kwcapitalproperties
Added: Sep 22
Changed: Oct 17
Last Checked: Oct 16 at 4:55PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2016, this residential income property is a 2-bedroom, 2.5-bath loft-style condominium spanning over 1,300 square feet. The two-level layout includes 20+ foot ceilings, hardwood flooring, and an open main living area with a kitchen equipped with KitchenAid stainless steel appliances, shaker-style cabinetry, and bar seating. A main-level bedroom has an en-suite bath, while the upper level provides loft space suitable for an office or flex area and a primary suite with two custom walk-in closets, dual vanities, and a glass-enclosed shower.
The unit also includes a private patio, powder room, in-unit laundry, secure garage parking, and smart-home features with Amazon Key and ADT access. The property is located at 1433 K Street SE in Washington, DC, near the metro, The Roost, Eastern Market, dining, shopping, parks, and Nationals Park.
The unit also includes a private patio, powder room, in-unit laundry, secure garage parking, and smart-home features with Amazon Key and ADT access. The property is located at 1433 K Street SE in Washington, DC, near the metro, The Roost, Eastern Market, dining, shopping, parks, and Nationals Park.
Key Highlights
- 2‑bedroom, 2.5‑bath condominium with over 1,300 square feet
- Built in 2016 with 20+ foot ceilings and hardwood floors
- Kitchen includes KitchenAid stainless steel appliances and shaker‑style cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,816
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,320
$436.3K
Cap Rate 7%
$311,657
$311.7K
Cap Rate 9%
$242,400
$242.4K
Market Conditions
NOI Build-Up for 1,313 SF
Gross rent
$41.8K $31.80/SF
− Vacancy
−$2.1K −$1.59/SF
EGI
$39.7K $30.21/SF
− OpEx
−$17.8K −$13.59/SF
NOI
$21.8K $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%
$436,320
Cap Rate 7%
$311,657
Cap Rate 9%
$242,400
Alternative Uses
Best Use
Apartment 5plus
$311.7K
$272.7K – $363.6K
NOI $21,816 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$675.4K
$591.0K – $787.9K
NOI $47,276 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,271
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom condominium with flexible loft space, private patio, garage parking, and smart-home access features.
Where is this residential income property located?
The property is located at 1433 K STREET SE Unit 101 Washington, DC.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2‑bedroom, 2.5‑bath condominium with over 1,300 square feet; Built in 2016 with 20+ foot ceilings and hardwood floors; Kitchen includes KitchenAid stainless steel appliances and shaker‑style cabinetry
