For Sale
$2,900,000
1604 19th St NW, Washington, DC 20009
Short term rental properties
Property Size4,340 SF
Price / SF$668.20
Days on Market234
Property Features for 1604 19th St NW
General Information
Standard status
Active
Size
4,340 SF
Property subtype
Business Opportunity
Site & Location
Neighborhood
Northwest
Building Details
Year Built
1885
Listing Agency:
Feldman Ruel Urban Property Advisors
Listed By:
Ian Ruel · License #DC BR200201389
(202) 318-6844
Source:
Lgagne
Added: Mar 10
Changed: Oct 25
Last Checked: Oct 7 at 4:31PM
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 Feldman Ruel Urban Property Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Key Highlights
- Fully furnished and professionally managed by Sojourn, a leading short‑term rental operator.
- Units listed on Airbnb with high guest ratings (4.7–4.9 stars).
- Property conveys fully furnished.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,456
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,689,120
$1.7M
Cap Rate 7%
$1,206,514
$1.2M
Cap Rate 9%
$938,400
$938.4K
Market Conditions
NOI Build-Up for 4,340 SF
Gross rent
$163.0K $37.56/SF
− Vacancy
−$9.5K −$2.18/SF
EGI
$153.6K $35.38/SF
− OpEx
−$69.1K −$15.92/SF
NOI
$84.5K $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%
$1,689,120
Cap Rate 7%
$1,206,514
Cap Rate 9%
$938,400
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,456 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,265 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
13,963
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
Where is this short term rental property located?
The property is located at 1604 19th St NW Washington, DC.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Fully furnished and professionally managed by Sojourn, a leading short‑term rental operator.; Units listed on Airbnb with high guest ratings (4.7–4.9 stars).; Property conveys fully furnished.
