Updated Residential Income
For Sale
$639,000
1460 HARVARD STREET NW Unit 3, Washington, DC 20009
Two-bedroom condominium with historic character, modern finishes, and a flexible interior layout.
Property Size930 SF
Price / SF$687.10
Days on Market21
Property Features for 1460 HARVARD STREET NW Unit 3
General Information
Standard status
Active
Size
930 SF
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
$5,011
Building Details
Building Size
930 SF
Year Built
1901
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Gordon P Harrison · License #sp98362478
(202) 557-9908
Source:
Kerishull
Added: Sep 16
Changed: Oct 3
Last Checked: Oct 5 at 10:03PM
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 TTR Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 930-square-foot condominium combines preserved architectural character with substantial modern updates. Built in 1901, the residence features two bedrooms and two bathrooms, high ceilings, detailed moldings, and wood flooring. The open kitchen includes extensive cabinetry, marble countertops, and a breakfast bar, while the adjoining living and dining areas provide a broad entertaining space. A bay window brings natural light into the main living area, and a dedicated office nook adds flexibility. The primary bedroom includes a private bathroom, and the second bedroom offers a spacious layout.
The property is located at 1460 Harvard Street NW in Washington, DC, near Columbia Heights, Logan Circle, and the 14th Street corridor. The surrounding area includes Metro access, restaurants, cafes, shops, parks, and neighborhood services.
The property is located at 1460 Harvard Street NW in Washington, DC, near Columbia Heights, Logan Circle, and the 14th Street corridor. The surrounding area includes Metro access, restaurants, cafes, shops, parks, and neighborhood services.
Key Highlights
- 930‑square‑foot condominium
- Two bedrooms and two bathrooms
- Built in 1901 with original architectural details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,098
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,960
$362.0K
Cap Rate 7%
$258,543
$258.5K
Cap Rate 9%
$201,089
$201.1K
Market Conditions
NOI Build-Up for 930 SF
Gross rent
$34.9K $37.56/SF
− Vacancy
−$2.0K −$2.18/SF
EGI
$32.9K $35.38/SF
− OpEx
−$14.8K −$15.92/SF
NOI
$18.1K $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%
$361,960
Cap Rate 7%
$258,543
Cap Rate 9%
$201,089
Alternative Uses
Best Use
Apartment 5plus
$258.5K
$226.2K – $301.6K
NOI $18,098 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$478.4K
$418.6K – $558.1K
NOI $33,485 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,959
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 - Two-bedroom condominium with historic character, modern finishes, and a flexible interior layout.
Where is this residential income property located?
The property is located at 1460 HARVARD STREET NW Unit 3 Washington, DC.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 930‑square‑foot condominium; Two bedrooms and two bathrooms; Built in 1901 with original architectural details
