5601 COLORADO Avenue NW, Washington, DC 20011
- Added:
- Jun 10, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 14 at 5:06 pm
Property Features for 5601 COLORADO Avenue NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 5,560 SF
Taxes and HOA fees
- Tax Annual Amount
- 7007
Utilities
- Heating system
- Forced Air, Heat Pump (Heating)
- Cooling system
- Heat Pump, Central Air
Building Details
- Year built
- 1936
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Federal
Listing agent Alex Saenger License #SP98371304 (301) 200-1232
Listing office CENTURY 21 New Millennium 1801 Rockville Pike unit: 103, Gainesville, DC (301) 519-8100
Listing date Jun 10, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Six‑unit brick apartment building built in 1936 with a Federal architectural style
- Unit mix: six 1‑bedroom, 1‑bath units
- Heating and cooling include forced air, heat pump, and central air
- Annual income based on current rents: approx. $148,164 gross income; approx. $30,445 operating expenses
- Estimated NOI: approx. $117,719, reflecting an estimated 8.7% cap rate at an asking price of $1,350,000 (2025 full year expenses)
- On‑site laundry plus basement storage, with on‑street parking availability
Overview
Located at 5601 Colorado Avenue NW in Washington, DC 20011, the building sits in Northwest Washington near 16th Street Heights/Brightwood Park, with access to Rock Creek Park, public transportation, and neighborhood shopping and dining. The listing notes convenient routes for commuters throughout the District and the surrounding metropolitan area.
The current operations include a mix of market-rate and voucher-assisted tenancy. Based on 2025 full-year figures provided with the listing, the property generates approximately $148,164 in annual gross income, with operating expenses estimated at approximately $30,445 annually, producing an estimated Net Operating Income (NOI) of $117,719. As presented, this results in an estimated 8.7% capitalization rate. For buyers seeking a small multifamily asset with established unit mix and in-building amenities like laundry and storage, this offering is positioned as a straightforward, income-generating residential income property.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.8k | $30.72 |
| − Vacancy | −$9.9k | −$1.78 |
| EGI | $160.9k | $28.94 |
| − OpEx | −$72.4k | −$13.02 |
| NOI | $88.5k | $15.92 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.03197
- Latitude
- 38.95743
