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Residential Income Property with Park Views
For Sale
$724,900
Pending

3040 R STREET NW Unit 2, Washington, DC 20007

Two-bedroom condominium with updated finishes, original character, and access to shared storage, laundry, and bike facilities.

Property Size803 SF
Days on Market33

Property Features for 3040 R STREET NW Unit 2

General Information

Standard status Pending
Size 803 SF
Property subtype Unit/Flat/Apartment

Taxes and HOA fees

Annual Taxes $4,198

Building Details

Building Size 803 SF
Year Built 1890
Listing Agency: Washington Fine Properties, LLC
Listed By: Lee Murphy · License #SP98358325
Source: Kwcapitalproperties
Added: Sep 17 Changed: Oct 14 Last Checked: Oct 16 at 3:01PM

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 Washington Fine Properties, LLC

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Investment Insights

Based on property information with market context.

This residential income property is a 2-bedroom, 1-bath condominium in a building constructed in 1890. The home combines original architectural character with updated practical features, including stainless steel kitchen appliances, KraftMaid cabinetry, granite countertops, a refreshed bathroom, and dedicated linen and hall storage. A bay-window breakfast nook provides views toward Montrose Park, while the south-facing primary bedroom includes a Juliet balcony and broad Georgetown views.

The association provides a bike room, additional storage, and a common laundry room. Association services include central A/C maintenance, heat and gas, water, and trash removal. The property is pet friendly and located near Montrose Park, Rose Park, Rock Creek Park, Georgetown shops and restaurants, the Dupont Circle Metro station, and a seasonal farmers market.

Key Highlights

  • 2‑bedroom, 1‑bath condominium in a building constructed in 1890
  • Views toward Montrose Park from the bay‑window breakfast nook
  • South‑facing primary bedroom with Juliet balcony and Georgetown views

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Electrical Service Barber Shop Catering Service (Bike/Boat/Book/etc) Store Butcher Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,885
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom condominium with updated finishes, original character, and access to shared storage, laundry, and bike facilities.
Where is this residential income property located?
The property is located at 3040 R STREET NW Unit 2 Washington, DC.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath condominium in a building constructed in 1890; Views toward Montrose Park from the bay‑window breakfast nook; South‑facing primary bedroom with Juliet balcony and Georgetown views
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