Renovated Residential Income
For Sale
$279,000
1711 MASSACHUSETTS AVENUE NW Unit 522, Washington, DC 20036
The 488-square-foot residence was renovated in 2023 and includes a separate sleeping area and built-in storage.
Property Size488 SF
Price / SF$571.72
Days on Market13
Property Features for 1711 MASSACHUSETTS AVENUE NW Unit 522
General Information
Standard status
Active
Size
488 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Dupont Circle
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,014
Amenities
rooftop deck
community room
laundry room
24/7 staffed front desk
Building Details
Building Size
488 SF
Year Built
1950
Year Renovated
2023
Listing Agency:
Side
Listed By:
Karta Properties
(703) 509-4300
Source:
Kartaproperties
Added: Oct 17
Changed: Oct 27
Last Checked: Oct 26 at 3:16PM
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 Side
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Investment Insights
Based on property information with market context.
This 488-square-foot residential unit in a building constructed in 1950 received a renovation in 2023. The layout has a distinct sleeping area, built-in shelving and storage, and updated kitchen and bathroom finishes. An all-inclusive condo fee covers electricity, gas, and water.
Residents have access to a rooftop deck with seating, tables, grills, a gazebo, and views of the Washington Monument. Building amenities also include a 24-hour staffed front desk, a community room, and a laundry room with updated washers and dryers. The property is on Massachusetts Avenue NW in Washington, DC, near the Dupont Circle Metro station.
Residents have access to a rooftop deck with seating, tables, grills, a gazebo, and views of the Washington Monument. Building amenities also include a 24-hour staffed front desk, a community room, and a laundry room with updated washers and dryers. The property is on Massachusetts Avenue NW in Washington, DC, near the Dupont Circle Metro station.
Key Highlights
- 488‑square‑foot residential unit
- Renovated in 2023; building dates to 1950
- Separate sleeping area with built‑in shelving and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,108
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,160
$162.2K
Cap Rate 7%
$115,829
$115.8K
Cap Rate 9%
$90,089
$90.1K
Market Conditions
NOI Build-Up for 488 SF
Gross rent
$15.5K $31.80/SF
− Vacancy
−$776 −$1.59/SF
EGI
$14.7K $30.21/SF
− OpEx
−$6.6K −$13.59/SF
NOI
$8.1K $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%
$162,160
Cap Rate 7%
$115,829
Cap Rate 9%
$90,089
Alternative Uses
Best Use
Apartment 5plus
$115.8K
$101.4K – $135.1K
NOI $8,108 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$251.0K
$219.6K – $292.9K
NOI $17,571 @ 7.0% cap · market cap 6.30%
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
Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24,656
Businesses Nearby
Explore this area
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 - The 488-square-foot residence was renovated in 2023 and includes a separate sleeping area and built-in storage.
Where is this residential income property located?
The property is located at 1711 MASSACHUSETTS AVENUE NW Unit 522 Washington, DC.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 488‑square‑foot residential unit; Renovated in 2023; building dates to 1950; Separate sleeping area with built‑in shelving and storage
