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One-Bedroom Corner Apartment
For Sale
$285,000

3504 13TH STREET NW Unit 2, Washington, DC 20010

Updated interiors include exposed steel columns, butcher block counters, upgraded appliances, and an in-unit washer and dryer.

Property Size663 SF
Price / SF$429.86
Days on Market183

Property Features for 3504 13TH STREET NW Unit 2

General Information

Standard status Active
Size 663 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Shipley

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,591

Amenities

in-unit washer/dryer

Building Details

Building Size 663 SF
Year Built 1910
Listing Agency: TTR Sotheby's International Realty
Listed By: Molly Branson · License #SP98376157
Source: Jackrealtygroup
Added: May 1 Changed: Oct 27 Last Checked: Oct 26 at 3:18PM

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

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Investment Insights

Based on property information with market context.

This 663-square-foot corner apartment has one bedroom and exposures on two sides. Interior details include exposed steel columns, a spacious living area, and a kitchen with butcher block counters, a statement hood, and upgraded appliances. The gas range and refrigerator are new. A deep storage closet, bedroom closet, and in-unit washer and dryer add practical storage and convenience. The building dates to 1910.

The property is a block from shops and restaurants along the 11th Street corridor. Lidl, Target, and Giant are within a five-minute walk, while Rock Creek Park and the Smithsonian National Zoological Park are nearby; the Zoo is about a 20-minute walk. Metro access provides a direct 25-minute ride to Ronald Reagan Washington National Airport, the National Mall, Nationals Park, and Audi Field.

Key Highlights

  • 663‑square‑foot corner apartment with two exposures
  • One bedroom with a long closet
  • Kitchen features butcher block counters, a statement hood, and upgraded appliances; new gas range and refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,016
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,320 $220.3K
Cap Rate 7%
$157,371 $157.4K
Cap Rate 9%
$122,400 $122.4K
Market Conditions
NOI Build-Up for 663 SF
Gross rent
$21.1K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.0K $30.21/SF
− OpEx
−$9.0K −$13.59/SF
NOI
$11.0K $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%
$220,320
Cap Rate 7%
$157,371
Cap Rate 9%
$122,400

Alternative Uses

Best Use
Apartment 5plus
$157.4K
$137.7K – $183.6K (±1% cap)
NOI $11,016 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$341.0K
$298.4K – $397.9K (±1% cap)
NOI $23,872 @ 7.0% cap · market cap 8.38%
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

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated interiors include exposed steel columns, butcher block counters, upgraded appliances, and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 3504 13TH STREET NW Unit 2 Washington, DC.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 663‑square‑foot corner apartment with two exposures; One bedroom with a long closet; Kitchen features butcher block counters, a statement hood, and upgraded appliances; new gas range and refrigerator
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