Residential Income Property with
For Sale
$455,000
2032 BELMONT ROAD NW Unit 405, Washington, DC 20009
One-bedroom residence with a flexible sunroom, generous storage, and building services in a historic Art Deco property.
Property Size838 SF
Price / SF$542.96
Days on Market32
Property Features for 2032 BELMONT ROAD NW Unit 405
General Information
Standard status
Active
Size
838 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$2,764
Amenities
front desk concierge
secure package room
bicycle storage
laundry facilities
Building Details
Building Size
838 SF
Year Built
1928
Construction
Art Deco
Tenancy
Multi
Listing Agency:
Redfin Corp
Listed By:
Paul W Johnson · License #SP40000707
(240) 202-9809
Source:
Kwcapitalproperties
Added: Sep 5
Changed: Oct 6
Last Checked: Oct 6 at 12:16AM
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 Redfin Corp
Investment Insights
Based on property information with market context.
Residence 405 at Valley Vista offers 838 square feet with one bedroom, one bathroom, and a separate sunroom that expands the usable living area. The sunroom’s broad windows face the tree canopy of Rock Creek Park and provide a flexible setting for dining, remote work, or additional living space. Interior features include 1920s architectural character, fresh paint, spacious room proportions, multiple oversized closets, and a large walk-in storage closet.
Built in 1928, the property is a historic Art Deco building at 2032 Belmont Road NW in Washington, DC. Building amenities include a front desk concierge, secure package room, bicycle storage, and large laundry facilities. The residence is near Rock Creek Park trails, Kalorama Park, the Woodley Park-Zoo/Adams Morgan Metro station on the Red Line, and nearby grocery, pharmacy, dining, and café options. Dupont Circle is also adjacent, providing additional access to restaurants, shopping, and cultural destinations.
Built in 1928, the property is a historic Art Deco building at 2032 Belmont Road NW in Washington, DC. Building amenities include a front desk concierge, secure package room, bicycle storage, and large laundry facilities. The residence is near Rock Creek Park trails, Kalorama Park, the Woodley Park-Zoo/Adams Morgan Metro station on the Red Line, and nearby grocery, pharmacy, dining, and café options. Dupont Circle is also adjacent, providing additional access to restaurants, shopping, and cultural destinations.
Key Highlights
- 838 SF one‑bedroom, one‑bath residence with a separate sunroom
- Sunroom windows overlook the tree canopy of Rock Creek Park
- Valley Vista is a historic 1928 Art Deco building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,307
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,140
$326.1K
Cap Rate 7%
$232,957
$233.0K
Cap Rate 9%
$181,189
$181.2K
Market Conditions
NOI Build-Up for 838 SF
Gross rent
$31.5K $37.56/SF
− Vacancy
−$1.8K −$2.18/SF
EGI
$29.6K $35.38/SF
− OpEx
−$13.3K −$15.92/SF
NOI
$16.3K $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%
$326,140
Cap Rate 7%
$232,957
Cap Rate 9%
$181,189
Alternative Uses
Best Use
Apartment 5plus
$233.0K
$203.8K – $271.8K
NOI $16,307 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$431.0K
$377.2K – $502.9K
NOI $30,173 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,413
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 - One-bedroom residence with a flexible sunroom, generous storage, and building services in a historic Art Deco property.
Where is this residential income property located?
The property is located at 2032 BELMONT ROAD NW Unit 405 Washington, DC.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 838 SF one‑bedroom, one‑bath residence with a separate sunroom; Sunroom windows overlook the tree canopy of Rock Creek Park; Valley Vista is a historic 1928 Art Deco building
