Search
One-Bedroom Residential Income Property
For Sale
$239,000

4000 CATHEDRAL AVE NW #531B, Washington, DC 20016

WASHINGTON, DC

Property Size950 SF
Lot Size10.00 Acres
Price / SF$251.58
Days on Market255

Property Features for 4000 CATHEDRAL AVE NW #531B

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1
Subdivision CATHEDRAL HEIGHTS
Elementary school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status Active
Lot size 10.00 Acres

Amenities

convenience market
guest rooms
library
hair salon
dry cleaners
gym/fitness room

Building Details

Year built 1931
Listing Agency: Chevy Chase Circle
Listed By: Lisa Bradburn
Added: Feb 6 Changed: Aug 22 Last Checked: Oct 19 at 6:06AM
MLS# DCDC2241192

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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.

Apartment 531B offers approximately 950 square feet with one bedroom, a sunken living room, separate dining area, kitchen, bathroom, and multiple storage spaces. Built-in cabinetry appears in the dining and living areas, while the bedroom includes two large closets, including a walk-in. Additional features include hardwood flooring, approximately 9' ceilings, a windowed kitchen and bathroom, and views toward Glover Archbold Park. The apartment is currently unfurnished.

The Westchester occupies approximately 10 acres and includes landscaped grounds, a tiered sunken garden, and a fountain. Building amenities include a convenience market, guest rooms, library, hair salon, dry cleaners, and gym/fitness room. A MetroBus stop is directly in front of the property, with D90 service and D96 service within a block. The fee includes utilities other than internet/wifi and property taxes.

Key Highlights

  • Approximately 950 square feet with one bedroom and two large bedroom closets
  • Built‑in storage in the dining and living areas, plus entry and hall closets
  • Hardwood floors and approximately 9' ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,785
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,700 $315.7K
Cap Rate 7%
$225,500 $225.5K
Cap Rate 9%
$175,389 $175.4K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$30.2K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$28.7K $30.21/SF
− OpEx
−$12.9K −$13.59/SF
NOI
$15.8K $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%
$315,700
Cap Rate 7%
$225,500
Cap Rate 9%
$175,389

Alternative Uses

Best Use
Apartment 5plus
$225.5K
$197.3K – $263.1K (±1% cap)
NOI $15,785 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.6K
$427.6K – $570.1K (±1% cap)
NOI $34,205 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Feinstone Stephen MD Physician DeCarlo's Restaurant Restaurant Westchester Studio Hair Salon WAKEUP Association Or Organization Westchester Cooperative Center ... Housing Cooperative

Suggested Use

Top Pick Hair Salon Nail Salon Spa & Massage Center Bakery Barber Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,353
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Unfurnished apartment with built-in storage, hardwood floors, and elevated park views in a full-service residential community.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVE NW #531B Washington, DC.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Approximately 950 square feet with one bedroom and two large bedroom closets; Built‑in storage in the dining and living areas, plus entry and hall closets; Hardwood floors and approximately 9' ceilings
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again