Residential Income Property with
For Sale
$399,999
2111 WISCONSIN AVENUE NW Unit 610, Washington, DC 20007
A one-bedroom residence combines private outdoor space with in-unit laundry and access to shared building amenities.
Property Size702 SF
Days on Market8
Property Features for 2111 WISCONSIN AVENUE NW Unit 610
General Information
Standard status
Active
Size
702 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Glover Park
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,390
Amenities
fitness center
resident social room
outdoor pool
rooftop terrace
staffed front desk
in-unit washer/dryer
private balcony
Building Details
Building Size
702 SF
Year Built
1988
Listing Agency:
Compass
Listed By:
Toni A Ghazi · License #SP98374267
(571) 216-1075
Source:
Kwcapitalproperties
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 25 at 1:15AM
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 Compass
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Investment Insights
Based on property information with market context.
Unit 610 at The Observatory is a one-bedroom, one-bath residence measuring just over 700 square feet. Its open living and dining area features hardwood floors and connects to a private balcony. The kitchen has stainless steel appliances and tile flooring; the bedroom includes a walk-in closet and ensuite bath. An in-unit washer and dryer, assigned garage parking, and a staffed front desk add practical convenience. The building dates to 1988.
Residents have access to a fitness center, social room, outdoor pool, rooftop terrace, and secure parking garage. The property is on Wisconsin Avenue between Georgetown and Glover Park, near Trader Joe’s, Whole Foods, and Safeway. Bus service runs along Wisconsin Avenue.
Residents have access to a fitness center, social room, outdoor pool, rooftop terrace, and secure parking garage. The property is on Wisconsin Avenue between Georgetown and Glover Park, near Trader Joe’s, Whole Foods, and Safeway. Bus service runs along Wisconsin Avenue.
Key Highlights
- One bedroom and one full bath in just over 700 sq ft
- Private balcony off the living and dining area
- Stainless steel kitchen appliances and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,664
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,280
$233.3K
Cap Rate 7%
$166,629
$166.6K
Cap Rate 9%
$129,600
$129.6K
Market Conditions
NOI Build-Up for 702 SF
Gross rent
$22.3K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$21.2K $30.21/SF
− OpEx
−$9.5K −$13.59/SF
NOI
$11.7K $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%
$233,280
Cap Rate 7%
$166,629
Cap Rate 9%
$129,600
Alternative Uses
Best Use
Apartment 5plus
$166.6K
$145.8K – $194.4K
NOI $11,664 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.1K
$316.0K – $421.3K
NOI $25,276 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,450
Businesses Nearby
Explore this area
Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence combines private outdoor space with in-unit laundry and access to shared building amenities.
Where is this residential income property located?
The property is located at 2111 WISCONSIN AVENUE NW Unit 610 Washington, DC.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: One bedroom and one full bath in just over 700 sq ft; Private balcony off the living and dining area; Stainless steel kitchen appliances and tile flooring
