Studio Residential Income
For Sale
$249,999
1615 KENYON STREET NW Unit 46, Washington, DC 20010
A partial divider separates the sleeping area, while three oversized windows bring in natural light.
Property Size433 SF
Price / SF$577.36
Days on Market50
Property Features for 1615 KENYON STREET NW Unit 46
General Information
Standard status
Active
Size
433 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Mount Pleasant
Units
Unit Mix
1 x studio
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,380
Amenities
sared laurdry room
Building Details
Building Size
433 SF
Year Built
1926
Listing Agency:
LPT Realty, LLC
Listed By:
Edward Slavis · License #SP98374190
(202) 883-6884
Source:
Jackrealtygroup
Added: Sep 10
Changed: Oct 27
Last Checked: Oct 26 at 3:47PM
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 LPT Realty, LLC
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Investment Insights
Based on property information with market context.
This 433-square-foot studio at The Alroy has hardwood floors, three oversized windows, and a partial wall that separates the sleeping nook from the main living area. A dedicated entry closet provides hanging storage. The compact kitchen includes stainless steel appliances, white cabinetry, a deep-basin sink, and a pull-down faucet; the bathroom pairs classic tile with an updated vanity and medicine cabinet.
Built in 1926, the building includes a shared laundry room and a lobby with checkerboard marble floors, a wrought-iron staircase, and brass mailboxes. The property is on Kenyon Street in Mount Pleasant, near the Columbia Heights and Adams Morgan neighborhoods. Meridian Hill Park is nearby.
Built in 1926, the building includes a shared laundry room and a lobby with checkerboard marble floors, a wrought-iron staircase, and brass mailboxes. The property is on Kenyon Street in Mount Pleasant, near the Columbia Heights and Adams Morgan neighborhoods. Meridian Hill Park is nearby.
Key Highlights
- 433‑square‑foot studio with a partial wall dividing the sleeping nook
- Three oversized windows and hardwood floors
- Compact kitchen with stainless steel appliances and white cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,195
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,900
$143.9K
Cap Rate 7%
$102,786
$102.8K
Cap Rate 9%
$79,944
$79.9K
Market Conditions
NOI Build-Up for 433 SF
Gross rent
$13.8K $31.80/SF
− Vacancy
−$688 −$1.59/SF
EGI
$13.1K $30.21/SF
− OpEx
−$5.9K −$13.59/SF
NOI
$7.2K $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%
$143,900
Cap Rate 7%
$102,786
Cap Rate 9%
$79,944
Alternative Uses
Best Use
Apartment 5plus
$102.8K
$89.9K – $119.9K
NOI $7,195 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$222.7K
$194.9K – $259.8K
NOI $15,590 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,192
Businesses Nearby
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Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A partial divider separates the sleeping area, while three oversized windows bring in natural light.
Where is this residential income property located?
The property is located at 1615 KENYON STREET NW Unit 46 Washington, DC.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: 433‑square‑foot studio with a partial wall dividing the sleeping nook; Three oversized windows and hardwood floors; Compact kitchen with stainless steel appliances and white cabinetry
