Updated Residential Income
For Sale
$865,000
3040 R STREET NW Unit 1/2, Washington, DC 20007
Leased residence with renovated interiors, exposed brick, and a private rear deck.
Property Size836 SF
Days on Market117
Property Features for 3040 R STREET NW Unit 1/2
General Information
Standard status
Active
Size
836 SF
Property subtype
Unit/Flat/Apartment
Occupancy
100%
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,190
Amenities
rear deck
Building Details
Building Size
836 SF
Year Built
1890
Tenancy
Single
Listing Agency:
RLAH @properties
Listed By:
Stephen Gaich · License #SP98379372
(202) 304-9932
Source:
Barnesrealestatecompany
Added: Jun 25
Changed: Oct 14
Last Checked: Oct 16 at 5:36PM
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 residential income property is a renovated two-bedroom, two-bath residence in a building constructed in 1890. The interior combines exposed brick with contemporary upgrades, premium materials, and designer finishes. An open layout supports daily living and entertaining, while the two bedrooms and two full baths provide separation and flexibility. A rear deck extends from the primary suite and adds private outdoor space.
The property is located on R Street NW in Washington, DC, within Georgetown and beside Montrose Park. The residence is currently occupied under a lease running through March 2027, and the tenant has expressed a desire to remain. Its setting places the home near the park’s walking paths and open green spaces, as well as Georgetown’s dining, retail, waterfront trails, and cultural destinations.
The property is located on R Street NW in Washington, DC, within Georgetown and beside Montrose Park. The residence is currently occupied under a lease running through March 2027, and the tenant has expressed a desire to remain. Its setting places the home near the park’s walking paths and open green spaces, as well as Georgetown’s dining, retail, waterfront trails, and cultural destinations.
Key Highlights
- Two‑bedroom, two‑bath residential income property
- Lease in place through March 2027
- Tenant has expressed a desire to remain
Property Analytics
Current Use
Lease Details
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,885
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
Frequently Asked Questions
What type of property is this?
Residential income property - Leased residence with renovated interiors, exposed brick, and a private rear deck.
Where is this residential income property located?
The property is located at 3040 R STREET NW Unit 1/2 Washington, DC.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residential income property; Lease in place through March 2027; Tenant has expressed a desire to remain
