Residential Income
New
For Sale
$1,200,000
1902 9TH STREET NW, Washington, DC 20001
RF-1 zoning, central air, and an open floorplan are among the property’s documented features.
Property Size2,396 SF
Price / SF$540.54
Days on Market7
Property Features for 1902 9TH STREET NW
General Information
Standard status
Active
Size
2,396 SF
Property subtype
Residential Income
Zoning
RF-1
Site & Location
Neighborhood
U Street
Taxes and HOA fees
Annual Taxes
$9,040
Amenities
Central Air, Ceiling Fan(s), Electric
Electric, Forced Air
Finished
Cooktop, Electric Water Heater, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave
Ceiling Fan(s), Open Floorplan
On Street
Other
Building Details
Building Size
2,396 SF
Year Built
1900
Listed By:
Fred Mohseni · License #SP200206021
(202) 704-5931
Source:
Evrealestate
Added: Oct 23
Changed: Oct 28
Last Checked: Oct 28 at 8:32AM
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 Fred Mohseni
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Investment Insights
Based on property information with market context.
This residential income property contains 2,220 square feet and dates to 1900. Interior features include central air, ceiling fans, an open floorplan, and finished space. The kitchen includes an electric cooktop, dishwasher, disposal, microwave, and electric water heater; a refrigerator, washer, and dryer are also listed.
The property is zoned RF-1 and has on-street parking.
The property is zoned RF-1 and has on-street parking.
Key Highlights
- 2,220 square feet
- Built in 1900
- RF‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,886
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,720
$737.7K
Cap Rate 7%
$526,943
$526.9K
Cap Rate 9%
$409,844
$409.8K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$70.6K $31.80/SF
− Vacancy
−$3.5K −$1.59/SF
EGI
$67.1K $30.21/SF
− OpEx
−$30.2K −$13.59/SF
NOI
$36.9K $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%
$737,720
Cap Rate 7%
$526,943
Cap Rate 9%
$409,844
Alternative Uses
Best Use
Apartment 5plus
$526.9K
$461.1K – $614.8K
NOI $36,886 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$999.2K – $1.33M
NOI $79,933 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,047
Businesses Nearby
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Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - RF-1 zoning, central air, and an open floorplan are among the property’s documented features.
Where is this residential income property located?
The property is located at 1902 9TH STREET NW Washington, DC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,220 square feet; Built in 1900; RF‑1 zoning
