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Two-Level Residential Income Property
For Sale
$379,900

1843 MINTWOOD PLACE NW Unit 110, Washington, DC 20009

Two-level condominium with flexible den space, updated kitchen, in-unit laundry, and access to nearby Metro stations.

Property Size657 SF
Price / SF$578.23
Days on Market20

Property Features for 1843 MINTWOOD PLACE NW Unit 110

General Information

Standard status Active
Size 657 SF
Property subtype Unit/Flat/Apartment

Taxes and HOA fees

Annual Taxes $3,145

Building Details

Building Size 657 SF
Year Built 1909
Listing Agency: RLAH @properties
Listed By: Aaron Brainerd
Source: Kwcapitalproperties
Added: Sep 17 Changed: Oct 3 Last Checked: Oct 5 at 10:27PM

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 RLAH @properties

Investment Insights

Based on property information with market context.

This two-level condominium offers approximately 657 square feet with one bedroom, one and a half bathrooms, and a den connected to the primary bedroom suite. The main level includes an open living area, powder room, breakfast bar, and updated kitchen with granite countertops, stainless steel appliances, and ample cabinetry. Upstairs, the bedroom suite includes a full en-suite bathroom and flexible den space suitable for an office, reading area, dressing space, nursery, or storage. An in-unit washer and dryer adds convenience, while southwest-facing windows bring natural light into the home.

The property is located at 1843 Mintwood Place NW in Washington, DC, within the Kalorama area. The professionally managed building is pet-friendly, and the residence sits on a quiet, tree-lined street near dining, coffee shops, Safeway, parks, gyms, and other daily conveniences. Three Metro stations are located within one mile. The building dates to 1909.

Key Highlights

  • Two‑level condominium with approximately 657 square feet
  • One bedroom, 1.5 bathrooms, and a primary‑bedroom den
  • Updated kitchen with granite countertops, stainless steel appliances, and breakfast bar

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,785
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,700 $255.7K
Cap Rate 7%
$182,643 $182.6K
Cap Rate 9%
$142,056 $142.1K
Market Conditions
NOI Build-Up for 657 SF
Gross rent
$24.7K $37.56/SF
− Vacancy
−$1.4K −$2.18/SF
EGI
$23.2K $35.38/SF
− OpEx
−$10.5K −$15.92/SF
NOI
$12.8K $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%
$255,700
Cap Rate 7%
$182,643
Cap Rate 9%
$142,056

Alternative Uses

Best Use
Apartment 5plus
$182.6K
$159.8K – $213.1K (±1% cap)
NOI $12,785 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.9K
$295.7K – $394.3K (±1% cap)
NOI $23,656 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Electrical Service Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,060
Businesses Nearby

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
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 - Two-level condominium with flexible den space, updated kitchen, in-unit laundry, and access to nearby Metro stations.
Where is this residential income property located?
The property is located at 1843 MINTWOOD PLACE NW Unit 110 Washington, DC.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two‑level condominium with approximately 657 square feet; One bedroom, 1.5 bathrooms, and a primary‑bedroom den; Updated kitchen with granite countertops, stainless steel appliances, and breakfast bar
More about this property
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