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Updated Junior One-Bedroom Residence
For Sale
$275,000

2032 BELMONT ROAD N Unit 234, Washington, DC 20009

A refreshed residence in a historic Art Deco building features a galley kitchen and two walk-in closets.

Property Size530 SF
Price / SF$518.87
Days on Market81

Property Features for 2032 BELMONT ROAD N Unit 234

General Information

Standard status Active
Size 530 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Kalorama Triangle
Public Transit Yes

Units

Unit Mix 1 x junior one bedroom
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,155

Amenities

secure building access
front desk
bike room
package room
additional storage

Building Details

Building Size 530 SF
Year Built 1928
Buildings 1
Construction Art Deco
Listing Agency: Jack Realty Group
Listed By: John Pruski · License #BR98377715
Source: Jackrealtygroup
Added: Aug 11 Changed: Oct 29 Last Checked: Oct 26 at 10:32AM

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 Jack Realty Group

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Investment Insights

Based on property information with market context.

Set within Valley Vista, a 1928 Art Deco building, this junior one-bedroom residence has refinished hardwood floors, new bedroom carpet, granite countertops, and updated kitchen cabinetry. The layout includes a living area, separate dining space, a dedicated workspace, built-ins, and two walk-in closets with custom shelving. The bathroom has a soaking tub. Building amenities include secure entry, a front desk, bike and package rooms, and additional storage.

The property is in Washington, DC’s Kalorama neighborhood, with Adams Morgan nearby. Rock Creek Park trails, restaurants, cafes, and nightlife are among the area’s stated destinations. Woodley Park-Zoo/Adams Morgan Metro station on the Red Line provides transit access.

Key Highlights

  • 530 property size
  • Built in 1928; Art Deco building
  • Junior one‑bedroom layout with separate dining area and workspace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,314
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,280 $206.3K
Cap Rate 7%
$147,343 $147.3K
Cap Rate 9%
$114,600 $114.6K
Market Conditions
NOI Build-Up for 530 SF
Gross rent
$19.9K $37.56/SF
− Vacancy
−$1.2K −$2.18/SF
EGI
$18.8K $35.38/SF
− OpEx
−$8.4K −$15.92/SF
NOI
$10.3K $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%
$206,280
Cap Rate 7%
$147,343
Cap Rate 9%
$114,600

Alternative Uses

Best Use
Apartment 5plus
$147.3K
$128.9K – $171.9K (±1% cap)
NOI $10,314 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.6K
$238.5K – $318.1K (±1% cap)
NOI $19,083 @ 7.0% cap · market cap 6.94%
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

4,413
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 - A refreshed residence in a historic Art Deco building features a galley kitchen and two walk-in closets.
Where is this residential income property located?
The property is located at 2032 BELMONT ROAD N Unit 234 Washington, DC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 530 property size; Built in 1928; Art Deco building; Junior one‑bedroom layout with separate dining area and workspace
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