Upper-Level Studio Residence with
For Sale
$315,000
1601 18TH STREET NW Unit 301, Washington, DC 20009
Upper-level studio with a renovated kitchen and building amenities including a 24/7 concierge, fitness center, and rooftop deck.
Property Size482 SF
Days on Market98
Property Features for 1601 18TH STREET NW Unit 301
General Information
Standard status
Active
Size
482 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,105
Amenities
24/7 concierge
fitness center
rooftop deck
Building Details
Building Size
482 SF
Year Built
1962
Listing Agency:
Keller Williams Capital Properties
Listed By:
Brenda C Small · License #AB98368076
(202) 841-4312
Source:
Kwcapitalproperties
Added: Jul 26
Changed: Oct 31
Last Checked: Oct 30 at 8:45PM
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 Keller Williams Capital Properties
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Investment Insights
Based on property information with market context.
Welcome to this bright and inviting upper-level studio at 1601 18th Street NW, Unit 804, in Washington, DC. The home features an updated, renovated kitchen, generous storage, and an efficient open layout designed for comfortable city living. Natural light and city views are highlighted throughout the interior.
Residents enjoy outstanding building amenities, including a 24/7 concierge, a fitness center, and a rooftop deck with panoramic views. The building is described as both pet-friendly and investor-friendly, offering flexibility for owner-occupants and investors.
The property is located just moments from the Dupont Circle Metro, placing restaurants, cafes, shopping, nightlife, and neighborhood destinations within easy walking distance. Built in 1962, this studio offers a convenient pied-à-terre option or a straightforward setup for investors seeking flexibility in a well-appointed building.
Residents enjoy outstanding building amenities, including a 24/7 concierge, a fitness center, and a rooftop deck with panoramic views. The building is described as both pet-friendly and investor-friendly, offering flexibility for owner-occupants and investors.
The property is located just moments from the Dupont Circle Metro, placing restaurants, cafes, shopping, nightlife, and neighborhood destinations within easy walking distance. Built in 1962, this studio offers a convenient pied-à-terre option or a straightforward setup for investors seeking flexibility in a well-appointed building.
Key Highlights
- Upper‑level studio with renovated kitchen and an efficient open layout
- Generous storage with natural light and city views
- 24/7 concierge plus a fitness center in the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,380
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,600
$187.6K
Cap Rate 7%
$134,000
$134.0K
Cap Rate 9%
$104,222
$104.2K
Market Conditions
NOI Build-Up for 482 SF
Gross rent
$18.1K $37.56/SF
− Vacancy
−$1.1K −$2.18/SF
EGI
$17.1K $35.38/SF
− OpEx
−$7.7K −$15.92/SF
NOI
$9.4K $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%
$187,600
Cap Rate 7%
$134,000
Cap Rate 9%
$104,222
Alternative Uses
Best Use
Apartment 5plus
$134.0K
$117.3K – $156.3K
NOI $9,380 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$247.9K
$216.9K – $289.3K
NOI $17,355 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
16,003
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 - Upper-level studio with a renovated kitchen and building amenities including a 24/7 concierge, fitness center, and rooftop deck.
Where is this residential income property located?
The property is located at 1601 18TH STREET NW Unit 301 Washington, DC.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Upper‑level studio with renovated kitchen and an efficient open layout; Generous storage with natural light and city views; 24/7 concierge plus a fitness center in the building
