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Two-Bedroom Residential Unit
For Sale
$149,000

1812 H PLACE NE Unit 202, Washington, DC 20002

The home has an updated kitchen with granite counters and stainless steel appliances.

Property Size665 SF
Price / SF$224.06
Days on Market20

Property Features for 1812 H PLACE NE Unit 202

General Information

Standard status Active
Size 665 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Carver Langston

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,029

Building Details

Building Size 665 SF
Year Built 2025
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Samuel R Davis · License #ab95309
Source: Mxwrealestate
Added: Oct 11 Changed: Oct 30 Last Checked: Oct 30 at 2:06AM

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 Long & Foster Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This 665-square-foot, two-bedroom, one-bath residence is in a building completed in 2025. Interior features include wood flooring and a kitchen with granite countertops and stainless steel appliances. The unit is vacant and subject to the District of Columbia Inclusionary Zoning program’s income restrictions.

Showings are available Monday through Saturday from 9 a.m. to 4 p.m.; Sunday appointments are not offered.

Key Highlights

  • 665‑square‑foot unit with two bedrooms and one bathroom
  • Built in 2025
  • Income‑restricted unit under the District of Columbia Inclusionary Zoning program

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,321
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,420 $226.4K
Cap Rate 7%
$161,729 $161.7K
Cap Rate 9%
$125,789 $125.8K
Market Conditions
NOI Build-Up for 665 SF
Gross rent
$21.9K $33.00/SF
− Vacancy
−$1.4K −$2.05/SF
EGI
$20.6K $30.95/SF
− OpEx
−$9.3K −$13.93/SF
NOI
$11.3K $17.02/SF
Area
ZIP 20002
Vacancy
6.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,420
Cap Rate 7%
$161,729
Cap Rate 9%
$125,789

Alternative Uses

Best Use
Apartment 5plus
$161.7K
$141.5K – $188.7K (±1% cap)
NOI $11,321 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.3K
$300.4K – $400.6K (±1% cap)
NOI $24,034 @ 7.0% cap · market cap 16.13%
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

Location Intelligence

Trade Area within ½ mile

1,174
Businesses Nearby

Demographics for 20002, DC

69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - The home has an updated kitchen with granite counters and stainless steel appliances.
Where is this residential income property located?
The property is located at 1812 H PLACE NE Unit 202 Washington, DC.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 665‑square‑foot unit with two bedrooms and one bathroom; Built in 2025; Income‑restricted unit under the District of Columbia Inclusionary Zoning program
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Includes: Price & PSF · Cap rate · Location · Zoning

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