Residential Income Property with Private
For Sale
$565,000
3350 17TH STREET NW Unit T1, Washington, DC 20010
A two-bedroom, two-bath residence in a six-unit Victorian condominium features updated interiors and a private outdoor area.
Property Size964 SF
Price / SF$586.10
Days on Market13
Property Features for 3350 17TH STREET NW Unit T1
General Information
Standard status
Active
Size
964 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Furnished
No
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,099
Amenities
gas fireplace
private patio
ceiling fans
granite countertops
stainless steel appliances
walk-in closet
updated ensuite bath
in-unit washer/dryer
keyed pedestrian access
coded building entry
driveway gate
exterior security lighting
Building Details
Building Size
964 SF
Year Built
1912
Listing Agency:
Compass
Listed By:
Jennifer L Vaughan · License #SP98361386
(202) 320-0092
Source:
Kerishull
Added: Sep 24
Changed: Oct 3
Last Checked: Oct 5 at 11:22PM
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 Compass
Investment Insights
Based on property information with market context.
This 964-square-foot residence has two bedrooms and two baths within a six-unit Victorian condominium built in 1912. The living and dining areas connect to a private patio through French doors, while arched windows, ceilings over nine feet, and a gas fireplace define the main space. The kitchen includes granite counters, gas cooking, stainless steel appliances, extensive cabinetry, and a seating bar. A walk-in closet and updated ensuite vanity serve the primary bedroom; the second bedroom has a deep closet. An in-unit washer and dryer is included.
The property is in Mount Pleasant, steps from Mount Pleasant Street and its Saturday farmers market. An entrance to Rock Creek Park is approximately two blocks away. Columbia Heights Metro, Meridian Hill Park, Adams Morgan, and area shopping and dining are also within reach. Building features include keyed pedestrian access, coded entry, an electronically controlled driveway gate, and exterior security lighting. Separately deeded parking may be available to purchase or lease from another owner.
The property is in Mount Pleasant, steps from Mount Pleasant Street and its Saturday farmers market. An entrance to Rock Creek Park is approximately two blocks away. Columbia Heights Metro, Meridian Hill Park, Adams Morgan, and area shopping and dining are also within reach. Building features include keyed pedestrian access, coded entry, an electronically controlled driveway gate, and exterior security lighting. Separately deeded parking may be available to purchase or lease from another owner.
Key Highlights
- 964‑square‑foot residence with two bedrooms and two baths
- Part of a six‑unit Victorian condominium built in 1912
- Private patio accessed through French doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,017
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,340
$320.3K
Cap Rate 7%
$228,814
$228.8K
Cap Rate 9%
$177,967
$178.0K
Market Conditions
NOI Build-Up for 964 SF
Gross rent
$30.7K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$29.1K $30.21/SF
− OpEx
−$13.1K −$13.59/SF
NOI
$16.0K $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%
$320,340
Cap Rate 7%
$228,814
Cap Rate 9%
$177,967
Alternative Uses
Best Use
Apartment 5plus
$228.8K
$200.2K – $267.0K
NOI $16,017 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$495.9K
$433.9K – $578.5K
NOI $34,710 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,127
Businesses Nearby
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Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom, two-bath residence in a six-unit Victorian condominium features updated interiors and a private outdoor area.
Where is this residential income property located?
The property is located at 3350 17TH STREET NW Unit T1 Washington, DC.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 964‑square‑foot residence with two bedrooms and two baths; Part of a six‑unit Victorian condominium built in 1912; Private patio accessed through French doors
