2-Bedroom
For Sale
$135,000
3872 9TH STREET SE Unit 201, Washington, DC 20032
A gated-community residence combines a stone-counter kitchen with an open pass-through to the living area.
Property Size724 SF
Price / SF$186.46
Days on Market51
Property Features for 3872 9TH STREET SE Unit 201
General Information
Standard status
Active
Size
724 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southeast
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$367
Amenities
gated community
Building Details
Building Size
724 SF
Year Built
1950
Listing Agency:
EXP Realty, LLC
Listed By:
Christopher Craddock · License #0225207192
(703) 688-2635
Source:
Jackrealtygroup
Added: Sep 8
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This 724-square-foot condo has 2 bedrooms and 1 bathroom, with hardwood flooring and multiple windows in the main living space. The kitchen features stone countertops, stainless steel appliances, ample cabinetry, and a pass-through to the living area. Both bedrooms have closets and ceiling fans; the bathroom includes a tiled tub and shower surround. Recessed lighting adds another source of illumination.
The property is in a gated community in Washington Highlands. Southern Avenue Metro Station is nearby, and Southern Avenue, Wheeler Road, South Capitol Street, and I-295 provide routes toward downtown Washington, D.C. Oxon Run Park and Oxon Run Parkway are also close by.
The property is in a gated community in Washington Highlands. Southern Avenue Metro Station is nearby, and Southern Avenue, Wheeler Road, South Capitol Street, and I-295 provide routes toward downtown Washington, D.C. Oxon Run Park and Oxon Run Parkway are also close by.
Key Highlights
- 724 square feet with 2 bedrooms and 1 bathroom
- Gated community setting in Washington Highlands
- Kitchen has stone countertops, stainless steel appliances, ample cabinetry, and a pass‑through
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,030
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,600
$240.6K
Cap Rate 7%
$171,857
$171.9K
Cap Rate 9%
$133,667
$133.7K
Market Conditions
NOI Build-Up for 724 SF
Gross rent
$23.0K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$21.9K $30.21/SF
− OpEx
−$9.8K −$13.59/SF
NOI
$12.0K $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%
$240,600
Cap Rate 7%
$171,857
Cap Rate 9%
$133,667
Alternative Uses
Best Use
Apartment 5plus
$171.9K
$150.4K – $200.5K
NOI $12,030 @ 7.0% cap · market cap 8.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$372.4K
$325.9K – $434.5K
NOI $26,068 @ 7.0% cap · market cap 19.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A gated-community residence combines a stone-counter kitchen with an open pass-through to the living area.
Where is this residential income property located?
The property is located at 3872 9TH STREET SE Unit 201 Washington, DC.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 724 square feet with 2 bedrooms and 1 bathroom; Gated community setting in Washington Highlands; Kitchen has stone countertops, stainless steel appliances, ample cabinetry, and a pass‑through
