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Two-Level Residential Income Property
For Sale
$699,000

3251 PROSPECT STREET NW Unit 308, Washington, DC 20007

Georgetown residence with private balcony, rooftop pool access, concierge service, and a primary suite arranged on its own floor.

Property Size975 SF
Days on Market64

Property Features for 3251 PROSPECT STREET NW Unit 308

General Information

Standard status Active
Size 975 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,834

Amenities

concierge
rooftop pool
seating
grills
outdoor dining areas

Building Details

Building Size 975 SF
Year Built 1980
Listing Agency: TTR Sotheby's International Realty
Listed By: Mattia D'Affuso · License #SP200200245
Source: Barnesrealestatecompany
Added: Jul 13 Changed: Sep 2 Last Checked: Sep 14 at 7:46AM

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 TTR Sotheby's International Realty

Investment Insights

Based on property information with market context.

This residential income property at The Madelon is arranged across two levels, with an open living and dining area, hardwood flooring, and a kitchen featuring a breakfast bar, window opening, and gas cooking option. A private balcony extends from the living space toward a brick courtyard and surrounding trees. The bedroom suite occupies a separate floor and includes two walk-in closets and a full bathroom with a walk-in shower. A dedicated laundry room provides additional storage.

The building is located on Prospect Street in Georgetown, near dining, shopping, parks, and recognized local destinations. Building amenities include concierge service and a rooftop pool with seating, grills, and outdoor dining areas. Secure garage parking is available within the building. The property is pet-friendly, and the condo fee covers water, trash, sewer, gas, building insurance, management, pool service, reserves, snow removal, HVAC servicing, and other building maintenance items.

Key Highlights

  • Two‑level layout with an open living and dining area
  • Private balcony overlooking a brick courtyard and neighborhood trees
  • Primary suite includes two walk‑in closets and a walk‑in shower

Property Analytics

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Current Use

Cafe Milano Restaurant Georgetown Court Inc Law Firm Gulci's Skin Care Hair Salon Sandbox DC Nightclub Ann Mashburn Clothing & Fashion Store

Suggested Use

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

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,187
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 - Georgetown residence with private balcony, rooftop pool access, concierge service, and a primary suite arranged on its own floor.
Where is this residential income property located?
The property is located at 3251 PROSPECT STREET NW Unit 308 Washington, DC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑level layout with an open living and dining area; Private balcony overlooking a brick courtyard and neighborhood trees; Primary suite includes two walk‑in closets and a walk‑in shower
More about this property
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