Updated Residential Income
New
For Sale
$645,000
1696 LANIER PLACE NW Unit 3, Washington, DC 20009
Two-bedroom, two-bathroom residence with refined interiors in a four-home condominium building.
Property Size874 SF
Lot Size0.60 Acres
Price / SF$737.99
Days on Market4
Property Features for 1696 LANIER PLACE NW Unit 3
General Information
Standard status
Active
Size
874 SF
Total Parking Spaces
18
Lot size
0.60 Acres
Property subtype
Unit/Flat/Apartment
Occupancy
83%
Net Operating Income
$96,000
Financials
Cap Rate
4.8%
Gross Rent Multiplier
11.4
Average Monthly Rent
$1,250
HOA Fee
$1,000
Units
Unit Mix
4 x studio, 6 x 1BR, 2 x 2BR
Multifamily Units
12
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$4,055
Amenities
rooftop deck
resident laundry room
Building Details
Building Size
874 SF
Year Built
1900
Year Renovated
2021
Buildings
1
Stories
3
Construction
masonry
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Amir Tabatabai · License #SP98373581
(202) 412-7462
Source:
Kerishull
Added: Sep 10
Changed: Sep 11
Last Checked: Sep 13 at 12:59PM
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.
Residence 3 is an updated 874-square-foot home within a four-home condominium building completed in 1900. The layout includes two bedrooms, two full bathrooms, a living room with built-in shelving, a separate dining area with banquette seating, and a kitchen equipped with granite counters, stainless steel appliances, gas cooking, ample cabinetry, and a breakfast bar. Nine-foot ceilings and oak hardwood floors run throughout, while the primary suite features a private bath with dual vanities and a glass-enclosed shower.
The property is located at 1696 Lanier Place NW in Washington, DC, within Adams Morgan and near Mount Pleasant. A Walk Score of 95 places restaurants, cafés, shops, and nightlife close by, with Meridian Hill Park, Walter Pierce Park, and Rock Creek Park also nearby. Low condo fees and the building’s four-home scale add to the property’s practical appeal.
The property is located at 1696 Lanier Place NW in Washington, DC, within Adams Morgan and near Mount Pleasant. A Walk Score of 95 places restaurants, cafés, shops, and nightlife close by, with Meridian Hill Park, Walter Pierce Park, and Rock Creek Park also nearby. Low condo fees and the building’s four-home scale add to the property’s practical appeal.
Key Highlights
- 874 SF residence in a four‑home condominium building
- Two bedrooms and two full bathrooms
- 9‑foot ceilings and oak hardwood floors throughout
Property Analytics
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Current Use
Lease Details
12
Residential units
83%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,646
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, two-bathroom residence with refined interiors in a four-home condominium building.
Where is this residential income property located?
The property is located at 1696 LANIER PLACE NW Unit 3 Washington, DC.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 874 SF residence in a four‑home condominium building; Two bedrooms and two full bathrooms; 9‑foot ceilings and oak hardwood floors throughout
