Corner Residential Income
For Sale
$394,900
1711 MASSACHUSETTS AVENUE NW Unit 228, Washington, DC 20036
Updated one-bedroom residence with loft-style character, abundant daylight, and access to extensive building amenities.
Property Size792 SF
Price / SF$498.61
Days on Market57
Property Features for 1711 MASSACHUSETTS AVENUE NW Unit 228
General Information
Standard status
Active
Size
792 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Dupont Circle
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,629
Amenities
rooftop deck
24/7 staffed front desk
community room
laundry room
Building Details
Building Size
792 SF
Year Built
1950
Listing Agency:
Apex Home Realty
Listed By:
Samer Y. Makhlouf · License #BR40000070
(703) 675-6100
Source:
Kwcapitalproperties
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 28 at 5:37PM
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 Apex Home Realty
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Investment Insights
Based on property information with market context.
This 792-square-foot corner residence is one of the larger one-bedroom layouts in the building. The home combines 10-foot ceilings, exposed brick, large windows, and views along the 17th Street NW corridor with an open living and dining arrangement. The remodeled kitchen includes granite counters, maple cabinetry, stainless-steel appliances, a French-door refrigerator, double-basin sink, and extended bar seating. The bedroom accommodates a king- or queen-size bed with additional furnishings, while built-in closets and a large linen closet provide substantial storage. The bathroom has updated tile, a contemporary vanity, newer toilet, and medicine cabinet. HVAC convector units in the living area and bedroom were replaced in June 2026.
Building amenities include a renovated rooftop deck with seating, grills, tables, a gazebo, and Washington Monument views. Residents also have access to a 24/7 staffed front desk, community room, and laundry room with updated washers and dryers. The property is near Whole Foods, Trader Joe’s, Safeway, CVS, restaurants, and nightlife, with Dupont Circle Metro and Farragut West Metro within walking distance. The condo fee covers all utilities except cable, internet, and phone.
Building amenities include a renovated rooftop deck with seating, grills, tables, a gazebo, and Washington Monument views. Residents also have access to a 24/7 staffed front desk, community room, and laundry room with updated washers and dryers. The property is near Whole Foods, Trader Joe’s, Safeway, CVS, restaurants, and nightlife, with Dupont Circle Metro and Farragut West Metro within walking distance. The condo fee covers all utilities except cable, internet, and phone.
Key Highlights
- 792‑square‑foot corner one‑bedroom residence with 10‑foot ceilings and exposed brick
- Remodeled kitchen with granite counters, maple cabinetry, stainless‑steel appliances, and extended bar area
- HVAC convector units in the living area and bedroom replaced in June 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,159
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,180
$263.2K
Cap Rate 7%
$187,986
$188.0K
Cap Rate 9%
$146,211
$146.2K
Market Conditions
NOI Build-Up for 792 SF
Gross rent
$25.2K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$23.9K $30.21/SF
− OpEx
−$10.8K −$13.59/SF
NOI
$13.2K $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%
$263,180
Cap Rate 7%
$187,986
Cap Rate 9%
$146,211
Alternative Uses
Best Use
Apartment 5plus
$188.0K
$164.5K – $219.3K
NOI $13,159 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.4K
$356.5K – $475.3K
NOI $28,517 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
24,656
Businesses Nearby
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Business Placement
Demographics for 20036, DC
6,109
Population
4,383
Households
1.4
Avg Household Size
33
Median Age
95%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
20,363
Density / Sq Mi
$105,800
Median Household Income
$98,527
Median Earnings
$2,301
Median Rent
$442,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated one-bedroom residence with loft-style character, abundant daylight, and access to extensive building amenities.
Where is this residential income property located?
The property is located at 1711 MASSACHUSETTS AVENUE NW Unit 228 Washington, DC.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: 792‑square‑foot corner one‑bedroom residence with 10‑foot ceilings and exposed brick; Remodeled kitchen with granite counters, maple cabinetry, stainless‑steel appliances, and extended bar area; HVAC convector units in the living area and bedroom replaced in June 2026
