Residential Income Property with
New
For Sale
$415,000
2320 WISCONSIN AVENUE NW Unit 310, Washington, DC 20007
A one-bedroom residence pairs in-unit laundry with a private outdoor space and access to a rooftop terrace.
Property Size729 SF
Days on Market6
Property Features for 2320 WISCONSIN AVENUE NW Unit 310
General Information
Standard status
Active
Size
729 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,418
Amenities
rooftop terrace
in-unit laundry
private balcony
Building Details
Building Size
729 SF
Year Built
1984
Listing Agency:
Serhant
Listed By:
Richard Michael Morrison · License #sp200201137
(202) 360-0133
Source:
Kwcapitalproperties
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:20PM
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 Serhant
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Investment Insights
Based on property information with market context.
This one-bedroom residence at The Sheffield has an open living and dining area, wood flooring, and a kitchen connected to the main space. Sliding glass doors lead to a private balcony facing the rear courtyard. The bedroom includes a walk-in closet, and the updated bathroom has a glass-enclosed shower with subway tile. In-unit laundry is also provided.
The 1984 building offers elevator access and a rooftop terrace with views toward the National Cathedral and Washington Monument. In Glover Park, the home is near neighborhood dining, shopping, fitness options, parks, and everyday services. Whole Foods is directly across Wisconsin Avenue.
The 1984 building offers elevator access and a rooftop terrace with views toward the National Cathedral and Washington Monument. In Glover Park, the home is near neighborhood dining, shopping, fitness options, parks, and everyday services. Whole Foods is directly across Wisconsin Avenue.
Key Highlights
- One‑bedroom residence with a private balcony overlooking the rear courtyard
- Open living and dining area with wood flooring
- Bedroom includes a walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,113
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,260
$242.3K
Cap Rate 7%
$173,043
$173.0K
Cap Rate 9%
$134,589
$134.6K
Market Conditions
NOI Build-Up for 729 SF
Gross rent
$23.2K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$22.0K $30.21/SF
− OpEx
−$9.9K −$13.59/SF
NOI
$12.1K $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%
$242,260
Cap Rate 7%
$173,043
Cap Rate 9%
$134,589
Alternative Uses
Best Use
Apartment 5plus
$173.0K
$151.4K – $201.9K
NOI $12,113 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.0K
$328.1K – $437.5K
NOI $26,248 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,373
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 pairs in-unit laundry with a private outdoor space and access to a rooftop terrace.
Where is this residential income property located?
The property is located at 2320 WISCONSIN AVENUE NW Unit 310 Washington, DC.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: One‑bedroom residence with a private balcony overlooking the rear courtyard; Open living and dining area with wood flooring; Bedroom includes a walk‑in closet
