2-Bedroom Residential Income
For Sale
$225,000
4200 CATHEDRAL AVE NW #106, Washington, DC 20016
WASHINGTON, DC
Property Size1,090 SF
Price / SF$206.42
Days on Market41
Property Features for 4200 CATHEDRAL AVE NW #106
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2
Subdivision
WESLEY HEIGHTS
Elementary school
HORACE MANN
Middle school
HARDY
High school
MACARTHUR
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
Amenities
fitness center
front desk service
Building Details
Year built
1957
Listing Agency:
One Bethesda
(240) 497-1700
Listed By:
Hamid Adib-Samiy
(202) 714-1300
Added: Aug 27
Changed: Sep 18
Last Checked: Oct 6 at 8:06PM
MLS# DCDC2279978
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.
Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bath corner condominium residence offers approximately 1,090 square feet within a building constructed in 1957. The layout includes two bedrooms, two full bathrooms, wood flooring throughout, and substantial closet and storage space. Corner exposure brings natural light into the home, while one outdoor parking space adds convenience. Utilities are included in the monthly condominium fee.
Building amenities include an on-site fitness center and front desk service. The property is located at 4200 Cathedral Ave NW in Washington, DC, near the intersection of Cathedral and New Mexico Avenues. Its Wesley Heights setting provides access to neighborhood shopping, dining, parks, and other Northwest Washington amenities.
Building amenities include an on-site fitness center and front desk service. The property is located at 4200 Cathedral Ave NW in Washington, DC, near the intersection of Cathedral and New Mexico Avenues. Its Wesley Heights setting provides access to neighborhood shopping, dining, parks, and other Northwest Washington amenities.
Key Highlights
- Approximately 1,090 square feet with 2 bedrooms and 2 full baths
- Corner residence with natural light and wood flooring throughout
- One outdoor parking space included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,111
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,220
$362.2K
Cap Rate 7%
$258,729
$258.7K
Cap Rate 9%
$201,233
$201.2K
Market Conditions
NOI Build-Up for 1,090 SF
Gross rent
$34.7K $31.80/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$32.9K $30.21/SF
− OpEx
−$14.8K −$13.59/SF
NOI
$18.1K $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%
$362,220
Cap Rate 7%
$258,729
Cap Rate 9%
$201,233
Alternative Uses
Best Use
Apartment 5plus
$258.7K
$226.4K – $301.9K
NOI $18,111 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.7K
$490.6K – $654.1K
NOI $39,246 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,247
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Corner condominium residence with wood floors, two full baths, outdoor parking, and building amenities.
Where is this residential income property located?
The property is located at 4200 CATHEDRAL AVE NW #106 Washington, DC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Approximately 1,090 square feet with 2 bedrooms and 2 full baths; Corner residence with natural light and wood flooring throughout; One outdoor parking space included
