Two-Bedroom Condominium with Bay
1740 18TH STREET NW Unit 101, Washington, DC 20009
For Sale
$695,000
An approximately 1,000-square-foot residence pairs generous storage with an in-unit washer and dryer.
Property Size1,000 SF
Price / SF$695
Days on Market54
Property Features for 1740 18TH STREET NW Unit 101
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
bay window
hardwood floors
built-in bookshelves
bike nook
gas fireplace
in-unit washer and dryer
shared patio space
Building Details
Building Size
Year Built
Listing Agency:
Redfin Corp
Listed By:
tiernan J dickens · License DC SP98373987
(202) 486-2473
Source:
Horsefarmsandcountryhomes
Added: Sep 17
Changed: Nov 8
Last Checked: Nov 9 at 5:01PM
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 Redfin Corp
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Investment Insights
Based on property information with market context.
This two-bedroom, two-bathroom condominium offers approximately 1,000 square feet, with hardwood floors, built-in bookshelves, a gas fireplace, and a dedicated bike nook. A bay window and windows extending along the unit bring in natural light. The bathrooms have been renovated, and laundry is provided in the unit. The building dates to 1947 and includes a shared patio with a cherry blossom tree.
The property is at 1740 18th Street NW in Washington, DC, within walking distance of the Dupont Circle Metro station and farmers market, as well as the Adams Morgan and 14th Street corridors.
The property is at 1740 18th Street NW in Washington, DC, within walking distance of the Dupont Circle Metro station and farmers market, as well as the Adams Morgan and 14th Street corridors.
Key Highlights
- Two bedrooms and two bathrooms in approximately 1,000 square feet
- Bay window and windows along the unit provide natural light
- Hardwood floors, built‑in bookshelves, and gas fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,460
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,200
$389.2K
Cap Rate 7%
$278,000
$278.0K
Cap Rate 9%
$216,222
$216.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$37.6K $37.56/SF
− Vacancy
−$2.2K −$2.18/SF
EGI
$35.4K $35.38/SF
− OpEx
−$15.9K −$15.92/SF
NOI
$19.5K $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%
$389,200
Cap Rate 7%
$278,000
Cap Rate 9%
$216,222
Alternative Uses
Best Use
Apartment 5plus
$278.0K
$243.3K – $324.3K
NOI $19,460 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$514.4K
$450.1K – $600.1K
NOI $36,006 @ 7.0% cap · market cap 5.18%
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
10,235
Businesses Nearby
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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
$727,800
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Washington, DC
Properties on Market for Residential income properties in Washington
Frequently Asked Questions
What type of property is this?
Residential income property - An approximately 1,000-square-foot residence pairs generous storage with an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 1740 18TH STREET NW Unit 101 Washington, DC.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in approximately 1,000 square feet; Bay window and windows along the unit provide natural light; Hardwood floors, built‑in bookshelves, and gas fireplace
