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Updated Residential Income Property
For Sale
$174,000

3810 W STREET SE Unit 202, Washington, DC 20020

A refreshed two-bedroom condo features a renovated kitchen, updated bath, and contemporary interior finishes.

Property Size732 SF
Price / SF$237.70
Days on Market176

Property Features for 3810 W STREET SE Unit 202

General Information

Standard status Active
Size 732 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Skyland
Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,365

Building Details

Building Size 732 SF
Year Built 1940
Construction brick
Listing Agency: Jack Realty Group
Listed By: John Pruski · License #BR98377715
Source: Jackrealtygroup
Added: May 7 Changed: Oct 27 Last Checked: Oct 26 at 2:56PM

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

Rey
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Investment Insights

Based on property information with market context.

This two-bedroom condo is located in a brick building constructed in 1940. The unit has new flooring and lighting, white shaker kitchen cabinets, granite counters, and stainless steel appliances. The bathroom has updated fixtures and subway tile, while both bedrooms include closets and large windows. The living area has a neutral palette and receives natural light.

The property is at 3810 W Street SE, Unit 202, in Washington, DC. I-295, I-495, and Suitland Parkway provide routes toward Washington, Maryland, and Virginia. Anacostia Metro and Skyland Town Center are also nearby. The condo is FHA approved.

Key Highlights

  • FHA‑approved condo
  • Two‑bedroom unit with renovated kitchen and bathroom
  • Kitchen includes white shaker cabinetry, granite countertops, and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,556
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,120 $231.1K
Cap Rate 7%
$165,086 $165.1K
Cap Rate 9%
$128,400 $128.4K
Market Conditions
NOI Build-Up for 732 SF
Gross rent
$22.4K $30.60/SF
− Vacancy
−$1.4K −$1.90/SF
EGI
$21.0K $28.70/SF
− OpEx
−$9.5K −$12.92/SF
NOI
$11.6K $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%
$231,120
Cap Rate 7%
$165,086
Cap Rate 9%
$128,400

Alternative Uses

Best Use
Apartment 5plus
$165.1K
$144.5K – $192.6K (±1% cap)
NOI $11,556 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.9K
$330.7K – $440.9K (±1% cap)
NOI $26,455 @ 7.0% cap · market cap 15.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

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 refreshed two-bedroom condo features a renovated kitchen, updated bath, and contemporary interior finishes.
Where is this residential income property located?
The property is located at 3810 W STREET SE Unit 202 Washington, DC.
What is the asking price?
The asking price for this property is $174,000.
What are key features of this property?
This property features: FHA‑approved condo; Two‑bedroom unit with renovated kitchen and bathroom; Kitchen includes white shaker cabinetry, granite countertops, and stainless steel appliances
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Includes: Price & PSF · Cap rate · Location · Zoning

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