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Residential Income Property with Garage Parking
For Sale
$375,000

5410 CONNECTICUT AVE NW #412, Washington, DC 20015

WASHINGTON, DC

Property Size1,020 SF
Price / SF$367.65
Days on Market175

Property Features for 5410 CONNECTICUT AVE NW #412

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1
Subdivision CHEVY CHASE
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

24-hour front desk service
fitness center
rooftop terrace
bike storage
party room

Building Details

Year built 1957
Listing Agency: One Bethesda
Listed By: Vicki L Porter
Added: May 8 Changed: Oct 27 Last Checked: Oct 29 at 5:06AM
MLS# DCDC2260032

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.

This residential income property is a corner condominium with two bedrooms and two bathrooms. Windows on three sides bring daylight into the living and dining areas, while engineered hardwood floors, a white kitchen, an en-suite primary bath, closet storage, and a separate storage unit add practical features. Garage parking is included. The Garfield, built in 1957, offers a fitness center, rooftop terrace, bike storage, party room, multiple elevators, and 24-hour front desk service.

Friendship Heights Metro Station is 0.6 miles away, with bus service also noted nearby. The condo fee covers electricity, gas, heat, air conditioning, water, and maintenance.

Key Highlights

  • Two‑bedroom, two‑bath corner condominium
  • Windows on three sides
  • Garage parking and separate storage unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,948
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,960 $339.0K
Cap Rate 7%
$242,114 $242.1K
Cap Rate 9%
$188,311 $188.3K
Market Conditions
NOI Build-Up for 1,020 SF
Gross rent
$32.4K $31.80/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$30.8K $30.21/SF
− OpEx
−$13.9K −$13.59/SF
NOI
$16.9K $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%
$338,960
Cap Rate 7%
$242,114
Cap Rate 9%
$188,311

Alternative Uses

Best Use
Apartment 5plus
$242.1K
$211.9K – $282.5K (±1% cap)
NOI $16,948 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.7K
$459.1K – $612.1K (±1% cap)
NOI $36,726 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,224
Businesses Nearby

Demographics for 20015, DC

16,628
Population
6,727
Households
2.5
Avg Household Size
45
Median Age
86%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
4,751
Density / Sq Mi
$250,001
Median Household Income
$152,430
Median Earnings
$2,088
Median Rent
$1,208,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - The two-bedroom, two-bath residence includes building amenities and a condo fee covering utilities and maintenance.
Where is this residential income property located?
The property is located at 5410 CONNECTICUT AVE NW #412 Washington, DC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath corner condominium; Windows on three sides; Garage parking and separate storage unit
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