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Corner One-Bedroom Condominium
New
For Sale
$350,000

2456 20TH STREET NW Unit 109, Washington, DC 20009

Building amenities include a rooftop terrace, secure bicycle storage and shared laundry facilities.

Property Size612 SF
Days on Market5

Property Features for 2456 20TH STREET NW Unit 109

General Information

Standard status Active
Size 612 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Kalorama Triangle
Public Transit Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,266

Amenities

rooftop terrace
secure bike storage
shared laundry facilities
dedicated storage unit

Building Details

Building Size 612 SF
Year Built 1923
Construction brick
Listing Agency: RLAH @properties
Listed By: Joseph Himali · License #BR98367524
Source: Kwcapitalproperties
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 25 at 2:39AM

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 corner condominium is in a brick building constructed in 1923. The one-bedroom layout includes an entry foyer with a coat closet, a living area with room for dining, and an updated kitchen with white cabinetry and a pass-through. Hardwood floors and windows on two sides of the bedroom add to the unit’s original character; the bedroom also has a walk-in closet and an en suite bath. A separate storage unit transfers with the residence.

Shared building features include a rooftop terrace, secure bike storage and laundry facilities. Cats and rentals are permitted. The property is approximately 0.4 miles from Woodley Park Metro, with bus service and Rock Creek Park trails nearby. The condo fee covers heat, water, trash and common area maintenance.

Key Highlights

  • One‑bedroom corner residence in a 1923 brick condominium building
  • Updated kitchen with white cabinetry and a pass‑through to the living area
  • Bedroom has windows on two sides, a walk‑in closet and an en suite bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,909
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,180 $238.2K
Cap Rate 7%
$170,129 $170.1K
Cap Rate 9%
$132,322 $132.3K
Market Conditions
NOI Build-Up for 612 SF
Gross rent
$23.0K $37.56/SF
− Vacancy
−$1.3K −$2.18/SF
EGI
$21.7K $35.38/SF
− OpEx
−$9.7K −$15.92/SF
NOI
$11.9K $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%
$238,180
Cap Rate 7%
$170,129
Cap Rate 9%
$132,322

Alternative Uses

Best Use
Apartment 5plus
$170.1K
$148.9K – $198.5K (±1% cap)
NOI $11,909 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$314.8K
$275.5K – $367.3K (±1% cap)
NOI $22,036 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,635
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Residential income property - Building amenities include a rooftop terrace, secure bicycle storage and shared laundry facilities.
Where is this residential income property located?
The property is located at 2456 20TH STREET NW Unit 109 Washington, DC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: One‑bedroom corner residence in a 1923 brick condominium building; Updated kitchen with white cabinetry and a pass‑through to the living area; Bedroom has windows on two sides, a walk‑in closet and an en suite bath
More about this property
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