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Two-Bedroom Condo with Private Deck
For Sale
$499,000

2535 13TH STREET NW Unit 5, Washington, DC 20009

An 848-square-foot residence combines an open layout with garage parking and in-unit laundry.

Property Size848 SF
Price / SF$588.44
Days on Market165

Property Features for 2535 13TH STREET NW Unit 5

General Information

Standard status Active
Size 848 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Columbia Heights
Public Transit Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,540

Amenities

garage parking
private deck
in-unit washer and dryer

Building Details

Building Size 848 SF
Year Built 1925
Listing Agency: TTR Sotheby's International Realty
Listed By: Courtney Abrams · License #SP98369728
Source: Jackrealtygroup
Added: May 19 Changed: Oct 27 Last Checked: Oct 26 at 3:37PM

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 TTR Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This 848-square-foot condominium in a boutique building has two bedrooms and two bathrooms, including a primary suite with a renovated en-suite bath. The open-plan interior features wood flooring, French doors, recessed lighting, fresh paint, and an updated kitchen with stainless steel appliances and a breakfast bar. An in-unit washer and dryer add everyday convenience. The home was built in 1925.

Private outdoor space includes a deck with a privacy fence and tree-top views. Garage parking is also included. The property is a few blocks from the U Street Metro and near the U Street and 14th Street corridors, with dining, shops, coffee shops, and grocery stores in the surrounding area.

Key Highlights

  • Two bedrooms and two bathrooms in 848 square feet
  • Private deck with privacy fence and tree‑top views
  • Garage parking and in‑unit washer and dryer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,502
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,040 $330.0K
Cap Rate 7%
$235,743 $235.7K
Cap Rate 9%
$183,356 $183.4K
Market Conditions
NOI Build-Up for 848 SF
Gross rent
$31.9K $37.56/SF
− Vacancy
−$1.8K −$2.18/SF
EGI
$30.0K $35.38/SF
− OpEx
−$13.5K −$15.92/SF
NOI
$16.5K $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%
$330,040
Cap Rate 7%
$235,743
Cap Rate 9%
$183,356

Alternative Uses

Best Use
Apartment 5plus
$235.7K
$206.3K – $275.0K (±1% cap)
NOI $16,502 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$436.2K
$381.7K – $508.9K (±1% cap)
NOI $30,533 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,675
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
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Frequently Asked Questions

What type of property is this?
Residential income property - An 848-square-foot residence combines an open layout with garage parking and in-unit laundry.
Where is this residential income property located?
The property is located at 2535 13TH STREET NW Unit 5 Washington, DC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 848 square feet; Private deck with privacy fence and tree‑top views; Garage parking and in‑unit washer and dryer
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