Garden Apartment with In-Unit
For Sale
$235,000
5407 9TH STREET NW Unit 8, Washington, DC 20011
A brick residence includes its own washer and dryer for convenient laundry access.
Property Size1,140 SF
Price / SF$206.14
Days on Market18
Property Features for 5407 9TH STREET NW Unit 8
General Information
Standard status
Active
Size
1,140 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,097
Amenities
in-unit washer and dryer
Building Details
Building Size
1,140 SF
Year Built
1925
Construction
brick
Listing Agency:
EXIT Prosperity Realty
Listed By:
Jonathan E. Rundlett · License #6342
(240) 593-0999
Source:
Jackrealtygroup
Added: Oct 13
Changed: Oct 27
Last Checked: Oct 26 at 3:38PM
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 EXIT Prosperity Realty
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.
This 1-bedroom, 1-bathroom garden apartment offers 1,140 square feet of interior space. The brick building dates to 1925, and the unit has an in-unit washer and dryer. The property is at 5407 9th Street NW, Unit 8, in Washington, DC 20011. On-street parking is noted.
Key Highlights
- 1‑bedroom, 1‑bathroom garden apartment
- 1,140 sq. ft. of interior space
- Built in 1925 with a brick exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,144
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,880
$362.9K
Cap Rate 7%
$259,200
$259.2K
Cap Rate 9%
$201,600
$201.6K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$35.0K $30.72/SF
− Vacancy
−$2.0K −$1.78/SF
EGI
$33.0K $28.94/SF
− OpEx
−$14.8K −$13.02/SF
NOI
$18.1K $15.92/SF
Area
ZIP 20011
Vacancy
5.80%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,880
Cap Rate 7%
$259,200
Cap Rate 9%
$201,600
Alternative Uses
Best Use
Apartment 5plus
$259.2K
$226.8K – $302.4K
NOI $18,144 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$588.6K
$515.0K – $686.7K
NOI $41,201 @ 7.0% cap · market cap 17.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,437
Businesses Nearby
Explore this area
Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A brick residence includes its own washer and dryer for convenient laundry access.
Where is this residential income property located?
The property is located at 5407 9TH STREET NW Unit 8 Washington, DC.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bathroom garden apartment; 1,140 sq. ft. of interior space; Built in 1925 with a brick exterior
