Upper-Level Studio Residence with
New
For Sale
$290,000
1601 18TH STREET NW Unit 804, Washington, DC 20009
Upper-level studio with a renovated kitchen and building amenities including a 24/7 concierge, fitness center, and rooftop deck.
Days on Market4
Property Features for 1601 18TH STREET NW Unit 804
General Information
Standard status
Active
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
24/7 concierge
fitness center
rooftop deck
Building Details
Building Size
502 SF
Year Built
1962
Listing Agency:
Redfin Corp
(202) 656-9158
Listed By:
Rebecca J Love · License #SP98373330
(202) 656-9158
Source:
Kwcapitalproperties
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 6:42AM
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 Redfin Corp
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-Ã -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-Ã -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 For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.9k | $37.56 |
| − Vacancy | −$1.1k | −$2.18 |
| EGI | $17.8k | $35.38 |
| − OpEx | −$8.0k | −$15.92 |
| NOI | $9.8k | $19.46 |
502 SF · lease $37.56/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$139.6K
$122.1K – $162.8K
NOI $9,769 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.2K
$225.9K – $301.3K
NOI $18,075 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
$727,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Washington, DC
Properties on Market for Residential income properties in Washington
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 804 Washington, DC.
What is the asking price?
The asking price for this property is $290,000.
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
