Two-Bedroom Residential Income
For Sale
$575,000
2412 17TH STREET NW Unit 301, Washington, DC 20009
Updated city residence with private balcony, in-unit laundry, and open living and dining areas.
Property Size860 SF
Price / SF$668.60
Days on Market33
Property Features for 2412 17TH STREET NW Unit 301
General Information
Standard status
Active
Size
860 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,677
Amenities
balcony
in-unit laundry
dishwasher
smart washer/dryer
Building Details
Building Size
860 SF
Year Built
1910
Listing Agency:
4J Real Estate, LLC
Listed By:
Justin T Paulhamus · License #BR98378390
(202) 255-5282
Source:
Kerishull
Added: Sep 4
Changed: Oct 6
Last Checked: Oct 5 at 9:21PM
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 4J Real Estate, LLC
Investment Insights
Based on property information with market context.
This 860-square-foot, two-bedroom residence combines an open living and dining plan with a kitchen featuring wood cabinetry, stainless-steel appliances, ample counter space, and breakfast-bar seating. Recent improvements include new flooring, a dishwasher, and a smart washer/dryer tower. Both bedrooms are functional and appropriately sized, while the primary bedroom provides direct access to the private balcony. Built in 1910, the home offers substantial outdoor space for seating, dining, plants, and entertaining.
The property is located at 2412 17th Street NW Unit 301 in Washington, DC 20009. Meridian Hill Park and Adams Morgan’s 18th Street restaurant row are approximately a five-minute walk away, placing dining, coffee, nightlife, and recreation within close reach.
The property is located at 2412 17th Street NW Unit 301 in Washington, DC 20009. Meridian Hill Park and Adams Morgan’s 18th Street restaurant row are approximately a five-minute walk away, placing dining, coffee, nightlife, and recreation within close reach.
Key Highlights
- 860‑square‑foot two‑bedroom residence
- Large private balcony extends across the residence
- Recent upgrades include new flooring, dishwasher, and smart washer/dryer tower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,735
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,700
$334.7K
Cap Rate 7%
$239,071
$239.1K
Cap Rate 9%
$185,944
$185.9K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$32.3K $37.56/SF
− Vacancy
−$1.9K −$2.18/SF
EGI
$30.4K $35.38/SF
− OpEx
−$13.7K −$15.92/SF
NOI
$16.7K $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%
$334,700
Cap Rate 7%
$239,071
Cap Rate 9%
$185,944
Alternative Uses
Best Use
Apartment 5plus
$239.1K
$209.2K – $278.9K
NOI $16,735 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$442.4K
$387.1K – $516.1K
NOI $30,965 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Updated city residence with private balcony, in-unit laundry, and open living and dining areas.
Where is this residential income property located?
The property is located at 2412 17TH STREET NW Unit 301 Washington, DC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 860‑square‑foot two‑bedroom residence; Large private balcony extends across the residence; Recent upgrades include new flooring, dishwasher, and smart washer/dryer tower
