Renovated Apartment
For Sale
$302,800
3210 8TH STREET SE Unit 1, Washington, DC 20032
Updated interior finishes include hardwood flooring, bedroom carpeting, and a kitchen with granite counters and a double oven.
Property Size1,100 SF
Price / SF$275.27
Days on Market635
Property Features for 3210 8TH STREET SE Unit 1
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southeast
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,434
Amenities
professional landscaping
secure building entrance
luxury kitchen
granite counter tops
double oven
updated baths with new tile and double sink
whirlpool tub
hardwood floors
brand new carpet in bedrooms
Building Details
Building Size
1,100 SF
Year Built
1955
Listing Agency:
Burke Property Management Incorporated
Listed By:
James B Watts
(703) 638-2457
Source:
Jackrealtygroup
Added: Feb 3, 2025
Changed: Oct 27
Last Checked: Oct 26 at 3:09PM
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 Burke Property Management Incorporated
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Investment Insights
Based on property information with market context.
This 1,100-square-foot apartment was renovated and includes hardwood floors, carpeted bedrooms, and updated bathrooms with double sinks and a whirlpool tub. The kitchen features granite countertops and a double oven. The property was built in 1955 and has a secured building entrance with professional landscaping. Gated, camera-monitored off-street parking is available for one car.
The apartment is in Southeast Washington, DC, with access to the Congress Heights Metro station and I-295, I-495, and I-95. The Shops at Park Village is less than a mile away. Nearby destinations include Bolling Air Force Base, the Navy Yard, Homeland Security Headquarters, and the St. Elizabeths Campus office park.
The apartment is in Southeast Washington, DC, with access to the Congress Heights Metro station and I-295, I-495, and I-95. The Shops at Park Village is less than a mile away. Nearby destinations include Bolling Air Force Base, the Navy Yard, Homeland Security Headquarters, and the St. Elizabeths Campus office park.
Key Highlights
- Renovated 1,100‑square‑foot apartment
- Kitchen has granite countertops and a double oven
- Updated bathrooms feature double sinks and a whirlpool tub
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,277
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,540
$365.5K
Cap Rate 7%
$261,100
$261.1K
Cap Rate 9%
$203,078
$203.1K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$35.0K $31.80/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$33.2K $30.21/SF
− OpEx
−$15.0K −$13.59/SF
NOI
$18.3K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,540
Cap Rate 7%
$261,100
Cap Rate 9%
$203,078
Alternative Uses
Best Use
Apartment 5plus
$261.1K
$228.5K – $304.6K
NOI $18,277 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.8K
$495.1K – $660.1K
NOI $39,606 @ 7.0% cap · market cap 13.08%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interior finishes include hardwood flooring, bedroom carpeting, and a kitchen with granite counters and a double oven.
Where is this residential income property located?
The property is located at 3210 8TH STREET SE Unit 1 Washington, DC.
What is the asking price?
The asking price for this property is $302,800.
What are key features of this property?
This property features: Renovated 1,100‑square‑foot apartment; Kitchen has granite countertops and a double oven; Updated bathrooms feature double sinks and a whirlpool tub
