Residential Income Property with Private
For Sale
$645,000
4114 DAVIS PLACE NW Unit 104, Washington, DC 20007
Spacious condominium residence with private outdoor space, deeded parking, and access to landscaped shared grounds.
Property Size1,371 SF
Price / SF$470.46
Days on Market41
Property Features for 4114 DAVIS PLACE NW Unit 104
General Information
Standard status
Active
Size
1,371 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,323
Amenities
private patio
bike storage
laundry facilities
shared outdoor spaces
Building Details
Building Size
1,371 SF
Year Built
1955
Listing Agency:
Washington Fine Properties, LLC
Listed By:
Nicholas Hazelton · License #SP40000837
(415) 516-4613
Source:
Kerishull
Added: Sep 9
Changed: Oct 18
Last Checked: Oct 16 at 4:09PM
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 Washington Fine Properties, LLC
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Investment Insights
Based on property information with market context.
This 1,371-square-foot condominium residence includes three bedrooms, two bathrooms, hardwood flooring, extensive closet storage, and a central heat pump serving heating and air conditioning needs. The primary bedroom has an en-suite bath, while a private patio with an awning extends the living area outdoors. The home also conveys with a separately deeded one-car parking space.
The property is located at 4114 Davis Place NW in Washington, DC, adjacent to the 183-acre Glover Archbold Park and near Glover Park, Cathedral Heights, Georgetown, and Wisconsin Avenue shopping and dining. The 1955 building features landscaped grounds, on-site management, bike storage, laundry facilities, and shared outdoor areas. The monthly HOA fee covers all utilities except electric.
The property is located at 4114 Davis Place NW in Washington, DC, adjacent to the 183-acre Glover Archbold Park and near Glover Park, Cathedral Heights, Georgetown, and Wisconsin Avenue shopping and dining. The 1955 building features landscaped grounds, on-site management, bike storage, laundry facilities, and shared outdoor areas. The monthly HOA fee covers all utilities except electric.
Key Highlights
- 1,371‑square‑foot residence with 3 bedrooms and 2 bathrooms
- Private patio with awning and direct access to landscaped shared grounds
- Separately deeded one‑car parking space conveys with the residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,780
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,600
$455.6K
Cap Rate 7%
$325,429
$325.4K
Cap Rate 9%
$253,111
$253.1K
Market Conditions
NOI Build-Up for 1,371 SF
Gross rent
$43.6K $31.80/SF
− Vacancy
−$2.2K −$1.59/SF
EGI
$41.4K $30.21/SF
− OpEx
−$18.6K −$13.59/SF
NOI
$22.8K $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%
$455,600
Cap Rate 7%
$325,429
Cap Rate 9%
$253,111
Alternative Uses
Best Use
Apartment 5plus
$325.4K
$284.8K – $379.7K
NOI $22,780 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$705.2K
$617.1K – $822.7K
NOI $49,364 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
Explore this area
Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Spacious condominium residence with private outdoor space, deeded parking, and access to landscaped shared grounds.
Where is this residential income property located?
The property is located at 4114 DAVIS PLACE NW Unit 104 Washington, DC.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 1,371‑square‑foot residence with 3 bedrooms and 2 bathrooms; Private patio with awning and direct access to landscaped shared grounds; Separately deeded one‑car parking space conveys with the residence
