Two-Bedroom Garden-Style Residential
New
For Sale
$275,000
4613 MINNESOTA AVENUE NE #2, Washington, DC 20019
A two-bathroom home offers brick construction and a washer and dryer hookup.
Property Size832 SF
Price / SF$330.53
Days on Market4
Property Features for 4613 MINNESOTA AVENUE NE #2
General Information
Standard status
Active
Size
832 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
washer/dryer hookup
Building Details
Building Size
832 SF
Year Built
2021
Construction
garden-style
Listing Agency:
Vylla Home
Listed By:
Drew Q Corbett
(844) 845-9576
Source:
Aliciamathis.kw
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 2:21PM
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 Vylla Home
Investment Insights
Based on property information with market context.
This garden-style residential income unit contains two bedrooms and two bathrooms across 832 square feet. Built in 2021, the home has brick construction and a washer and dryer hookup.
The unit is part of a community with on-street parking. Association services include common-area maintenance and trash removal.
The unit is part of a community with on-street parking. Association services include common-area maintenance and trash removal.
Key Highlights
- Two bedrooms and two bathrooms in 832 square feet
- Built in 2021 with brick construction
- Garden‑style unit includes a washer and dryer hookup
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,350
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,000
$287.0K
Cap Rate 7%
$205,000
$205.0K
Cap Rate 9%
$159,444
$159.4K
Market Conditions
NOI Build-Up for 832 SF
Gross rent
$27.8K $33.36/SF
− Vacancy
−$1.7K −$2.00/SF
EGI
$26.1K $31.36/SF
− OpEx
−$11.7K −$14.11/SF
NOI
$14.3K $17.25/SF
Area
ZIP 20019
Vacancy
6.00%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,000
Cap Rate 7%
$205,000
Cap Rate 9%
$159,444
Alternative Uses
Best Use
Apartment 5plus
$205.0K
$179.4K – $239.2K
NOI $14,350 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$447.1K
$391.2K – $521.6K
NOI $31,297 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-bathroom home offers brick construction and a washer and dryer hookup.
Where is this residential income property located?
The property is located at 4613 MINNESOTA AVENUE NE #2 Washington, DC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 832 square feet; Built in 2021 with brick construction; Garden‑style unit includes a washer and dryer hookup
