Residential Income Property with
For Sale
$300,000
3217 WISCONSIN AVENUE NW Unit 6A, Washington, DC 20016
A one-bedroom residence pairs in-unit laundry with views of the National Cathedral and Washington, DC’s skyline.
Property Size630 SF
Price / SF$476.19
Days on Market75
Property Features for 3217 WISCONSIN AVENUE NW Unit 6A
General Information
Standard status
Active
Size
630 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Cleveland Park
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,177
Amenities
hardwood floors
recessed lighting
granite countertops
stainless steel appliances
wood-burning fireplace
in-unit washer/dryer
pet-friendly
Building Details
Building Size
630 SF
Year Built
1988
Listing Agency:
Keller Williams Realty
Listed By:
Jennifer D Young · License #sp98370099
(703) 956-5128
Source:
Jackrealtygroup
Added: Aug 17
Changed: Oct 26
Last Checked: Oct 26 at 10:28AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 630-square-foot residence has one bedroom and one bathroom, hardwood flooring, recessed lighting, and a kitchen finished with granite countertops and stainless steel appliances. A wood-burning fireplace, in-unit washer and dryer, and placement beside the elevator add useful features. The building dates to 1988 and is pet-friendly.
The property is at 3217 Wisconsin Avenue NW in Washington, DC, above Cathedral Commons. Views include the city skyline and the National Cathedral. Giant and Starbucks are among the nearby daily-needs options, with restaurants also described as close by.
The property is at 3217 Wisconsin Avenue NW in Washington, DC, above Cathedral Commons. Views include the city skyline and the National Cathedral. Giant and Starbucks are among the nearby daily-needs options, with restaurants also described as close by.
Key Highlights
- 630‑square‑foot residence with one bedroom and one bathroom
- Wood‑burning fireplace and in‑unit washer and dryer
- Views of Washington, DC’s skyline and the National Cathedral
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,468
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,360
$209.4K
Cap Rate 7%
$149,543
$149.5K
Cap Rate 9%
$116,311
$116.3K
Market Conditions
NOI Build-Up for 630 SF
Gross rent
$20.0K $31.80/SF
− Vacancy
−$1.0K −$1.59/SF
EGI
$19.0K $30.21/SF
− OpEx
−$8.6K −$13.59/SF
NOI
$10.5K $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%
$209,360
Cap Rate 7%
$149,543
Cap Rate 9%
$116,311
Alternative Uses
Best Use
Apartment 5plus
$149.5K
$130.9K – $174.5K
NOI $10,468 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.1K
$283.6K – $378.1K
NOI $22,684 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
935
Businesses Nearby
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Business Placement
Demographics for 20016, DC
35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence pairs in-unit laundry with views of the National Cathedral and Washington, DC’s skyline.
Where is this residential income property located?
The property is located at 3217 WISCONSIN AVENUE NW Unit 6A Washington, DC.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 630‑square‑foot residence with one bedroom and one bathroom; Wood‑burning fireplace and in‑unit washer and dryer; Views of Washington, DC’s skyline and the National Cathedral
