Residential Income Property with
New
For Sale
$799,000
2301 CHAMPLAIN STREET NW Unit 414, Washington, DC 20009
A two-level residence pairs a private outdoor area with covered parking and an open living and dining layout.
Property Size1,369 SF
Price / SF$583.64
Days on Market5
Property Features for 2301 CHAMPLAIN STREET NW Unit 414
General Information
Standard status
Active
Size
1,369 SF
Total Parking Spaces
1
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Reed-Cooke
Public Transit
Yes
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,815
Amenities
private terrace
in-unit washer/dryer
pet-friendly building
non-smoking building
building-wide security system
custom window treatments
Building Details
Building Size
1,369 SF
Year Built
2004
Construction
concrete and steel
Listing Agency:
Compass
Listed By:
Clarence Pineda · License #SP98369549
(202) 251-9797
Source:
Kwcapitalproperties
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 25 at 12:54AM
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.
This top-floor corner residence at Adams Row spans two levels, with two bedrooms, two full baths and approximately 1,369 square feet. The home has no shared walls, ceilings ranging from approximately 10 to 18 feet, and oversized east-facing windows. Living and dining areas connect to a kitchen with granite counters, stainless steel appliances, ample cabinetry and a movable island. The primary bedroom and a full bath are on the main level; the upstairs loft serves as the second bedroom and opens directly onto a private terrace of more than 250 square feet. Assigned covered parking, an in-unit washer and dryer, custom closets and pantry storage add practical features. Wood flooring was installed in the kitchen, dining and living areas in 2025 and extended into the primary bedroom in 2026. The HVAC system was updated in 2019.
Adams Row was built in 2004 and received a new roof and building-wide security system in 2025. Nearby destinations include Kalorama Park, Harris Teeter, The LINE DC, Lapis, Meridian Hill Park and Rock Creek Park. Metro, bus routes and Capital Bikeshare are also within easy reach.
Adams Row was built in 2004 and received a new roof and building-wide security system in 2025. Nearby destinations include Kalorama Park, Harris Teeter, The LINE DC, Lapis, Meridian Hill Park and Rock Creek Park. Metro, bus routes and Capital Bikeshare are also within easy reach.
Key Highlights
- Two bedrooms and two full baths across approximately 1,369 square feet
- Private terrace measuring more than 250 square feet, with direct access from the upper‑level loft
- Top‑floor corner residence with no shared walls and ceilings approximately 10 to 18 feet high
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,641
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,820
$532.8K
Cap Rate 7%
$380,586
$380.6K
Cap Rate 9%
$296,011
$296.0K
Market Conditions
NOI Build-Up for 1,369 SF
Gross rent
$51.4K $37.56/SF
− Vacancy
−$3.0K −$2.18/SF
EGI
$48.4K $35.38/SF
− OpEx
−$21.8K −$15.92/SF
NOI
$26.6K $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%
$532,820
Cap Rate 7%
$380,586
Cap Rate 9%
$296,011
Alternative Uses
Best Use
Apartment 5plus
$380.6K
$333.0K – $444.0K
NOI $26,641 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$704.2K
$616.2K – $821.5K
NOI $49,292 @ 7.0% cap · market cap 6.17%
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
5,043
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 - A two-level residence pairs a private outdoor area with covered parking and an open living and dining layout.
Where is this residential income property located?
The property is located at 2301 CHAMPLAIN STREET NW Unit 414 Washington, DC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two bedrooms and two full baths across approximately 1,369 square feet; Private terrace measuring more than 250 square feet, with direct access from the upper‑level loft; Top‑floor corner residence with no shared walls and ceilings approximately 10 to 18 feet high
