One-Bedroom Residential Income
For Sale
$349,000
2535 13TH STREET NW Unit 203, Washington, DC 20009
The condominium includes private garage parking, an in-unit washer and dryer, and a primary suite with a walk-in closet.
Property Size503 SF
Price / SF$693.84
Days on Market43
Property Features for 2535 13TH STREET NW Unit 203
General Information
Standard status
Active
Size
503 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Columbia Heights
Public Transit
Yes
Units
Unit Mix
1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,824
Building Details
Building Size
503 SF
Year Built
1925
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Sep 17
Changed: Oct 28
Last Checked: Oct 26 at 3:50PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium at The Benjamin has an open living area with hardwood floors and a gas fireplace. The kitchen features stainless steel appliances, a gas range, and a breakfast bar. The primary bedroom has an ensuite bathroom and walk-in closet; the unit also includes in-unit laundry and private garage parking for one car. The interior has been freshly painted, and the bedroom has new carpet. HVAC is brand new. The building dates to 1925, and the property size is listed as 503.
The condominium is positioned near Columbia Heights, the U Street Corridor, and Georgia Avenue. Shops, restaurants, two Metro stops, and bikeshare stations are within walking distance. Its Walk Score is 92.
The condominium is positioned near Columbia Heights, the U Street Corridor, and Georgia Avenue. Shops, restaurants, two Metro stops, and bikeshare stations are within walking distance. Its Walk Score is 92.
Key Highlights
- One‑bedroom, one‑bath condominium at The Benjamin
- Private garage parking for one car
- Open living area with hardwood floors and a gas fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,788
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,760
$195.8K
Cap Rate 7%
$139,829
$139.8K
Cap Rate 9%
$108,756
$108.8K
Market Conditions
NOI Build-Up for 503 SF
Gross rent
$18.9K $37.56/SF
− Vacancy
−$1.1K −$2.18/SF
EGI
$17.8K $35.38/SF
− OpEx
−$8.0K −$15.92/SF
NOI
$9.8K $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%
$195,760
Cap Rate 7%
$139,829
Cap Rate 9%
$108,756
Alternative Uses
Best Use
Apartment 5plus
$139.8K
$122.4K – $163.1K
NOI $9,788 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.7K
$226.4K – $301.9K
NOI $18,111 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,675
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
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Frequently Asked Questions
What type of property is this?
Residential income property - The condominium includes private garage parking, an in-unit washer and dryer, and a primary suite with a walk-in closet.
Where is this residential income property located?
The property is located at 2535 13TH STREET NW Unit 203 Washington, DC.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium at The Benjamin; Private garage parking for one car; Open living area with hardwood floors and a gas fireplace
