Residential Property with
For Sale
$499,000
2125 14TH STREET NW Unit 604, Washington, DC 20009
The 2007 condominium includes shared resident amenities, including a staffed front desk and an upper-level terrace.
Property Size873 SF
Price / SF$571.59
Days on Market79
Property Features for 2125 14TH STREET NW Unit 604
General Information
Standard status
Active
Size
873 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
U Street
Public Transit
Yes
Units
Unit Mix
1 x 1BR + den/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,126
Amenities
24-hour front desk
lounge/party room
communal terrace
outdoor fireplace
pet-friendly
in-unit washer and dryer
Building Details
Building Size
873 SF
Year Built
2007
Listing Agency:
Washington Fine Properties, LLC
Listed By:
Kira Epstein Begal · License #SP98359788
(240) 899-8577
Source:
Jackrealtygroup
Added: Aug 13
Changed: Oct 27
Last Checked: Oct 26 at 3:47PM
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 Washington Fine Properties, LLC
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Investment Insights
Based on property information with market context.
This 873-square-foot condominium residence has one bedroom, a den, and two full bathrooms. Its open living and dining area connects to a kitchen with granite counters, stainless steel appliances, and an island. Floor-to-ceiling windows frame a Monument view. The primary bedroom has a walk-through closet and private bath; a second bathroom is off the hall. A washer and dryer are installed in the unit, which was built in 2007.
Union Row provides a 24-hour front desk, a lobby lounge and party room, and a shared terrace on the eighth floor with an outdoor fireplace. The building is pet-friendly and sits between the U Street and Columbia Heights Metro stations. Nearby destinations include Streets Market, Trader Joe’s, Whole Foods, Meridian Hill Park, the YMCA, shops, fitness studios, theaters, cafes, and restaurants.
Union Row provides a 24-hour front desk, a lobby lounge and party room, and a shared terrace on the eighth floor with an outdoor fireplace. The building is pet-friendly and sits between the U Street and Columbia Heights Metro stations. Nearby destinations include Streets Market, Trader Joe’s, Whole Foods, Meridian Hill Park, the YMCA, shops, fitness studios, theaters, cafes, and restaurants.
Key Highlights
- 873‑square‑foot residence with one bedroom, a den, and two full bathrooms
- Granite kitchen counters, stainless steel appliances, and an island
- Floor‑to‑ceiling windows with a Monument view
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,988
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,760
$339.8K
Cap Rate 7%
$242,686
$242.7K
Cap Rate 9%
$188,756
$188.8K
Market Conditions
NOI Build-Up for 873 SF
Gross rent
$32.8K $37.56/SF
− Vacancy
−$1.9K −$2.18/SF
EGI
$30.9K $35.38/SF
− OpEx
−$13.9K −$15.92/SF
NOI
$17.0K $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%
$339,760
Cap Rate 7%
$242,686
Cap Rate 9%
$188,756
Alternative Uses
Best Use
Apartment 5plus
$242.7K
$212.4K – $283.1K
NOI $16,988 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$449.0K
$392.9K – $523.9K
NOI $31,433 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
6,050
Businesses Nearby
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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 - The 2007 condominium includes shared resident amenities, including a staffed front desk and an upper-level terrace.
Where is this residential income property located?
The property is located at 2125 14TH STREET NW Unit 604 Washington, DC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 873‑square‑foot residence with one bedroom, a den, and two full bathrooms; Granite kitchen counters, stainless steel appliances, and an island; Floor‑to‑ceiling windows with a Monument view
