Renovated Residential Income
For Sale
$323,000
4201 CATHEDRAL AVE NW #406W, Washington, DC 20016
WASHINGTON, DC
Property Size888 SF
Price / SF$363.74
Days on Market75
Property Features for 4201 CATHEDRAL AVE NW #406W
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1
Subdivision
WESLEY HEIGHTS
Elementary school
HORACE MANN
Middle school
HARDY
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
outdoor pool
fitness center
tennis courts
beauty salon
meeting room
convenience store
laundry facilities
balcony/terrace
Building Details
Year built
1960
Listing Agency:
One Bethesda
(240) 497-1700
Listed By:
Ben Fazeli
Added: Aug 17
Changed: Sep 24
Last Checked: Oct 30 at 9:06PM
MLS# DCDC2278834
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.
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Investment Insights
Based on property information with market context.
Renovated one-bedroom, one-bathroom apartment offering 888 square feet in a building constructed in 1960. The interior includes luxury plank flooring with cork padding, recessed lighting, sliding closet doors, upgraded countertops, and stainless steel appliances with a built-in microwave, dishwasher, and energy-efficient oven. The ceramic-tiled bathroom features a walk-in shower, dual vanities, an upgraded commode, and updated fixtures.
The residence includes a private balcony or terrace and is located at 4201 Cathedral Ave NW in Washington, DC. Community amenities include an outdoor pool, fitness center, tennis courts, elevators, laundry facilities, a meeting room, beauty salon, and convenience store. Sidewalks, street lighting, hardscape, and landscaped grounds serve the surrounding community.
The residence includes a private balcony or terrace and is located at 4201 Cathedral Ave NW in Washington, DC. Community amenities include an outdoor pool, fitness center, tennis courts, elevators, laundry facilities, a meeting room, beauty salon, and convenience store. Sidewalks, street lighting, hardscape, and landscaped grounds serve the surrounding community.
Key Highlights
- 888 SF one‑bedroom, one‑bathroom apartment
- Renovated interior with luxury plank flooring and recessed lighting
- Updated kitchen with stainless steel appliances and upgraded countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,755
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,100
$295.1K
Cap Rate 7%
$210,786
$210.8K
Cap Rate 9%
$163,944
$163.9K
Market Conditions
NOI Build-Up for 888 SF
Gross rent
$28.2K $31.80/SF
− Vacancy
−$1.4K −$1.59/SF
EGI
$26.8K $30.21/SF
− OpEx
−$12.1K −$13.59/SF
NOI
$14.8K $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%
$295,100
Cap Rate 7%
$210,786
Cap Rate 9%
$163,944
Alternative Uses
Best Use
Apartment 5plus
$210.8K
$184.4K – $245.9K
NOI $14,755 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.8K
$399.7K – $532.9K
NOI $31,973 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
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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 - Updated apartment with private outdoor space and access to extensive community amenities.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVE NW #406W Washington, DC.
What is the asking price?
The asking price for this property is $323,000.
What are key features of this property?
This property features: 888 SF one‑bedroom, one‑bathroom apartment; Renovated interior with luxury plank flooring and recessed lighting; Updated kitchen with stainless steel appliances and upgraded countertops
