Two-Bedroom Residential Income
For Sale
$600,000
2301 CHAMPLAIN STREET NW Unit T04, Washington, DC 20009
Private outdoor space, dedicated parking, and an open layout support comfortable urban living.
Property Size984 SF
Days on Market52
Property Features for 2301 CHAMPLAIN STREET NW Unit T04
General Information
Standard status
Active
Size
984 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Reed-Cooke
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,925
Amenities
floor to ceiling windows
granite countertops
stainless steel appliances
private terrace
in-unit washer/dryer
pet-friendly
Building Details
Building Size
984 SF
Year Built
2004
Listing Agency:
RLAH @properties
Listed By:
Silvana P Dias · License #SP98364927
(202) 258-8256
Source:
Kwcapitalproperties
Added: Sep 9
Changed: Oct 30
Last Checked: Oct 28 at 1:53PM
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 RLAH @properties
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Investment Insights
Based on property information with market context.
This residential income property is a two-bedroom, two-bath home with nearly 1,000 square feet of interior space. The open arrangement connects the main living areas, while nine-foot ceilings and floor-to-ceiling windows bring a spacious feel indoors. The kitchen includes granite countertops, gas cooking, stainless steel appliances, and substantial cabinet storage. A primary suite offers a walk-in closet and private bathroom, with an additional bedroom and full bath providing separation for residents or guests.
Outdoor space is a defining feature, with a large private terrace suited to dining, gardening, or recreation. The property also includes a private parking space and an in-unit washer and dryer. Built in 2004, it allows pets and is located at 2301 Champlain Street NW, Unit T04, in Washington, DC 20009, near shops, restaurants, and public transportation.
Outdoor space is a defining feature, with a large private terrace suited to dining, gardening, or recreation. The property also includes a private parking space and an in-unit washer and dryer. Built in 2004, it allows pets and is located at 2301 Champlain Street NW, Unit T04, in Washington, DC 20009, near shops, restaurants, and public transportation.
Key Highlights
- Two‑bedroom, two‑bath residential property with nearly 1000 sq ft of living space
- Large private terrace for outdoor dining, gardening, and recreation
- 9 foot ceilings and floor‑to‑ceiling windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,148
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,960
$383.0K
Cap Rate 7%
$273,543
$273.5K
Cap Rate 9%
$212,756
$212.8K
Market Conditions
NOI Build-Up for 984 SF
Gross rent
$37.0K $37.56/SF
− Vacancy
−$2.1K −$2.18/SF
EGI
$34.8K $35.38/SF
− OpEx
−$15.7K −$15.92/SF
NOI
$19.1K $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%
$382,960
Cap Rate 7%
$273,543
Cap Rate 9%
$212,756
Alternative Uses
Best Use
Apartment 5plus
$273.5K
$239.4K – $319.1K
NOI $19,148 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.1K
$442.9K – $590.5K
NOI $35,430 @ 7.0% cap · market cap 5.91%
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 - Private outdoor space, dedicated parking, and an open layout support comfortable urban living.
Where is this residential income property located?
The property is located at 2301 CHAMPLAIN STREET NW Unit T04 Washington, DC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residential property with nearly 1000 sq ft of living space; Large private terrace for outdoor dining, gardening, and recreation; 9 foot ceilings and floor‑to‑ceiling windows
