Residential Income Property with
For Sale
$875,000
1811 WYOMING AVENUE NW Unit 22, Washington, DC 20009
Two-bedroom residence with a private balcony, in-unit laundry, and access to elevated skyline views.
Property Size1,291 SF
Price / SF$677.77
Days on Market30
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Property Features for 1811 WYOMING AVENUE NW Unit 22
General Information
Standard status
Active
Size
1,291 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,185
Amenities
balcony
in-unit washer/dryer
rooftop
Building Details
Building Size
1,291 SF
Year Built
1910
Year Renovated
2012
Construction
Federal
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Melissa Terzis · License #98376897
(202) 253-9105
Source:
Kerishull
Added: Sep 16
Changed: Oct 13
Last Checked: Oct 15 at 7:09AM
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.
Built in 1910 and renovated in 2012, this 1,291 sq ft residential income property combines period character with updated interior finishes. The layout includes 2BR/2BA, an enclosed living room, a separate dining area, and a kitchen with quartz countertops, stainless steel appliances, a center island, and direct access to a private balcony. Exposed brick, original hardwood floors, crown molding, pocket doors, built-ins, and a stacked in-unit washer/dryer add distinctive detail and daily convenience.
Both bathrooms feature glass-enclosed showers and quartz vanities. The primary suite receives south and west light, while the rooftop provides unobstructed views toward the DC skyline, including the Washington Monument. The property is near Dupont Circle, Adams Morgan, Kalorama Park, Dupont and U Street Metro stations, multiple bus lines, and Capitol Bikeshare.
Both bathrooms feature glass-enclosed showers and quartz vanities. The primary suite receives south and west light, while the rooftop provides unobstructed views toward the DC skyline, including the Washington Monument. The property is near Dupont Circle, Adams Morgan, Kalorama Park, Dupont and U Street Metro stations, multiple bus lines, and Capitol Bikeshare.
Key Highlights
- 2BR/2BA residence measuring 1,291 sq ft
- Built in 1910 and completely renovated in 2012
- Private balcony connected to the kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,123
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,460
$502.5K
Cap Rate 7%
$358,900
$358.9K
Cap Rate 9%
$279,144
$279.1K
Market Conditions
NOI Build-Up for 1,291 SF
Gross rent
$48.5K $37.56/SF
− Vacancy
−$2.8K −$2.18/SF
EGI
$45.7K $35.38/SF
− OpEx
−$20.6K −$15.92/SF
NOI
$25.1K $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%
$502,460
Cap Rate 7%
$358,900
Cap Rate 9%
$279,144
Alternative Uses
Best Use
Apartment 5plus
$358.9K
$314.0K – $418.7K
NOI $25,123 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.0K
$581.0K – $774.7K
NOI $46,483 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,984
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 residence with a private balcony, in-unit laundry, and access to elevated skyline views.
Where is this residential income property located?
The property is located at 1811 WYOMING AVENUE NW Unit 22 Washington, DC.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2BR/2BA residence measuring 1,291 sq ft; Built in 1910 and completely renovated in 2012; Private balcony connected to the kitchen
