Residential Income
For Sale
$154,900
3800 W STREET SE Unit 102, Washington, DC 20020
A first-floor condo offers a one-bedroom, one-bathroom layout and updated kitchen flooring.
Property Size629 SF
Price / SF$246.26
Days on Market98
Property Features for 3800 W STREET SE Unit 102
General Information
Standard status
Active
Size
629 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Skyland
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Asking Price
$162,000
Taxes and HOA fees
Annual Taxes
$371
Building Details
Building Size
629 SF
Year Built
1940
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jul 23
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 Jack Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 629-square-foot, one-bedroom, one-bathroom condo occupies the first floor of a building constructed in 1940. Updates include kitchen flooring and a closet organizer system in 2026, HVAC in 2025, and a dishwasher, refrigerator, garbage disposal, and washer/dryer in 2024. The unit is FHA approved.
Street parking is available. The property is near commuter routes, Metro, shopping, dining, and parks.
Street parking is available. The property is near commuter routes, Metro, shopping, dining, and parks.
Key Highlights
- 629 SF condo with 1BR/1BA layout
- First‑floor unit in a building built in 1940
- FHA approved
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,930
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,600
$198.6K
Cap Rate 7%
$141,857
$141.9K
Cap Rate 9%
$110,333
$110.3K
Market Conditions
NOI Build-Up for 629 SF
Gross rent
$19.2K $30.60/SF
− Vacancy
−$1.2K −$1.90/SF
EGI
$18.1K $28.70/SF
− OpEx
−$8.1K −$12.92/SF
NOI
$9.9K $15.79/SF
Area
ZIP 20020
Vacancy
6.20%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,600
Cap Rate 7%
$141,857
Cap Rate 9%
$110,333
Alternative Uses
Best Use
Apartment 5plus
$141.9K
$124.1K – $165.5K
NOI $9,930 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.8K
$284.2K – $378.9K
NOI $22,733 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A first-floor condo offers a one-bedroom, one-bathroom layout and updated kitchen flooring.
Where is this residential income property located?
The property is located at 3800 W STREET SE Unit 102 Washington, DC.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: 629 SF condo with 1BR/1BA layout; First‑floor unit in a building built in 1940; FHA approved
