Residential Income Property with Rooftop
For Sale
$895,000
3528 13TH STREET NW Unit 2, Washington, DC 20010
Two-level condominium residence with flexible living space, private outdoor areas, dedicated parking, and access to Metro and neighborhood amenities.
Property Size2,180 SF
Days on Market110
Property Features for 3528 13TH STREET NW Unit 2
General Information
Standard status
Active
Size
2,180 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$6,535
Building Details
Building Size
2,180 SF
Year Built
1902
Listing Agency:
C. H. Kay Realty, Inc.
Listed By:
Daniel C Kay · License #BR40000223
(301) 875-7506
Source:
Barnesrealestatecompany
Added: Jul 2
Changed: Oct 9
Last Checked: Oct 16 at 3:16PM
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 C. H. Kay Realty, Inc.
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Investment Insights
Based on property information with market context.
This residential income property occupies the upper two levels of a two-residence building and offers nearly 2,200 square feet of interior space. The open layout includes connected living and dining areas, a well-appointed kitchen, oversized windows, and a loft-style den that can serve as an office, media room, guest area, or potential third bedroom. A built-in bookcase opens to a large concealed storage room, adding useful capacity beyond the main living areas. The property also includes two private outdoor spaces, highlighted by a rooftop deck, along with dedicated off-street parking and low-maintenance condominium ownership.
Built in 1902, the property is located near Meridian Hill Park, restaurants, neighborhood cafes, Metro, and the shopping and dining districts of Columbia Heights and Mount Pleasant. Its address is 3528 13th Street NW, Unit 2, Washington, DC 20010.
Built in 1902, the property is located near Meridian Hill Park, restaurants, neighborhood cafes, Metro, and the shopping and dining districts of Columbia Heights and Mount Pleasant. Its address is 3528 13th Street NW, Unit 2, Washington, DC 20010.
Key Highlights
- Nearly 2,200 square feet across the top two floors
- Two private outdoor areas, including an expansive rooftop deck
- Loft‑style den with potential third‑bedroom use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,222
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,440
$724.4K
Cap Rate 7%
$517,457
$517.5K
Cap Rate 9%
$402,467
$402.5K
Market Conditions
NOI Build-Up for 2,180 SF
Gross rent
$69.3K $31.80/SF
− Vacancy
−$3.5K −$1.59/SF
EGI
$65.9K $30.21/SF
− OpEx
−$29.6K −$13.59/SF
NOI
$36.2K $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%
$724,440
Cap Rate 7%
$517,457
Cap Rate 9%
$402,467
Alternative Uses
Best Use
Apartment 5plus
$517.5K
$452.8K – $603.7K
NOI $36,222 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$981.2K – $1.31M
NOI $78,493 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,207
Businesses Nearby
Explore this area
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 - Two-level condominium residence with flexible living space, private outdoor areas, dedicated parking, and access to Metro and neighborhood amenities.
Where is this residential income property located?
The property is located at 3528 13TH STREET NW Unit 2 Washington, DC.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Nearly 2,200 square feet across the top two floors; Two private outdoor areas, including an expansive rooftop deck; Loft‑style den with potential third‑bedroom use
