Residential Income Property with
For Sale
$1,100,000
4000 CATHEDRAL AVENUE NW Unit 229/239 B, Washington, DC 20016
Combined two-unit residence with three bedrooms, a gas fireplace, private climate control, and extensive outdoor living space.
Property Size2,000 SF
Days on Market126
Property Features for 4000 CATHEDRAL AVENUE NW Unit 229/239 B
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,057,676
Amenities
terrace
gas fireplace
parquet floors
nine foot ceilings
private air conditioning system
sound system
custom pantry
Building Details
Building Size
2,000 SF
Year Built
1931
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Russell A Firestone III
(202) 271-1701
Source:
Barnesrealestatecompany
Added: Jun 16
Changed: Oct 17
Last Checked: Oct 16 at 6:31PM
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 combined residence spans two units with separate entrances in different buildings at The Westchester. The layout includes three bedrooms, a dining area, an expansive living room with a gas fireplace, parquet flooring, nine-foot ceilings, and substantial closet storage. The primary bedroom has a dressing alcove and walk-in closet, while a custom pantry adds dedicated room for household and entertaining supplies. Private air conditioning and a hard-wired sound system with integrated speakers serve the home.
Outdoor space is a defining feature, with a 756-square-foot terrace measuring 18 by 42 feet. The terrace faces southwest toward the woodlands of Glover Archbold Park and includes landscaped plantings, an irrigation system, a wall-mounted awning, and café tables with umbrellas. The property is located at 4000 Cathedral Avenue NW in Washington, DC, within a building completed in 1931.
Outdoor space is a defining feature, with a 756-square-foot terrace measuring 18 by 42 feet. The terrace faces southwest toward the woodlands of Glover Archbold Park and includes landscaped plantings, an irrigation system, a wall-mounted awning, and café tables with umbrellas. The property is located at 4000 Cathedral Avenue NW in Washington, DC, within a building completed in 1931.
Key Highlights
- 756‑square‑foot private terrace measuring 18 by 42 feet
- Three‑bedroom residence formed by combining two units
- Southwestern terrace exposure overlooking Glover Archbold Park woodlands
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,231
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,620
$664.6K
Cap Rate 7%
$474,729
$474.7K
Cap Rate 9%
$369,233
$369.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$63.6K $31.80/SF
− Vacancy
−$3.2K −$1.59/SF
EGI
$60.4K $30.21/SF
− OpEx
−$27.2K −$13.59/SF
NOI
$33.2K $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%
$664,620
Cap Rate 7%
$474,729
Cap Rate 9%
$369,233
Alternative Uses
Best Use
Apartment 5plus
$474.7K
$415.4K – $553.9K
NOI $33,231 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.2K – $1.20M
NOI $72,012 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 20016, DC
35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Combined two-unit residence with three bedrooms, a gas fireplace, private climate control, and extensive outdoor living space.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 229/239 B Washington, DC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 756‑square‑foot private terrace measuring 18 by 42 feet; Three‑bedroom residence formed by combining two units; Southwestern terrace exposure overlooking Glover Archbold Park woodlands
