Residential Income Property with Roof
For Sale
$725,000
5703 9TH STREET NW Unit B, Washington, DC 20011
A renovated two-level layout pairs an open main floor with three bedrooms, private outdoor space, and assigned off-street parking.
Property Size1,756 SF
Price / SF$412.87
Days on Market98
Property Features for 5703 9TH STREET NW Unit B
General Information
Standard status
Active
Size
1,756 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Brightwood Park
Additional Details
Multifamily Units
1
Building Details
Building Size
1,756 SF
Year Built
1925
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Molly Branson · License #SP98376157
(301) 814-9925
Source:
Jackrealtygroup
Added: Jul 24
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 TTR Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This renovated two-level residential property offers 1,756 square feet of interior space. The main floor has an open living and dining area, a kitchen with quartz countertops, soft-close cabinetry, a pot filler, walk-in pantry, and an extended island. A laundry area and half bath are also on this level. Upstairs, the primary suite includes a walk-in closet and ensuite bath with double vanity, rain shower, and private water closet; two additional bedrooms and a full bath complete the floor.
A private balcony connects to the rooftop deck. The property also includes assigned off-street parking and is located near restaurants, coffee shops, and parks in Petworth and Brightwood.
A private balcony connects to the rooftop deck. The property also includes assigned off-street parking and is located near restaurants, coffee shops, and parks in Petworth and Brightwood.
Key Highlights
- 1,756 square feet across two levels
- Three bedrooms, including a primary suite with walk‑in closet and ensuite bath
- Kitchen features quartz counters, soft‑close cabinetry, pot filler, walk‑in pantry, and extended island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,949
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,980
$559.0K
Cap Rate 7%
$399,271
$399.3K
Cap Rate 9%
$310,544
$310.5K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$53.9K $30.72/SF
− Vacancy
−$3.1K −$1.78/SF
EGI
$50.8K $28.94/SF
− OpEx
−$22.9K −$13.02/SF
NOI
$27.9K $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%
$558,980
Cap Rate 7%
$399,271
Cap Rate 9%
$310,544
Alternative Uses
Best Use
Apartment 5plus
$399.3K
$349.4K – $465.8K
NOI $27,949 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$906.6K
$793.3K – $1.06M
NOI $63,464 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,579
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - A renovated two-level layout pairs an open main floor with three bedrooms, private outdoor space, and assigned off-street parking.
Where is this residential income property located?
The property is located at 5703 9TH STREET NW Unit B Washington, DC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1,756 square feet across two levels; Three bedrooms, including a primary suite with walk‑in closet and ensuite bath; Kitchen features quartz counters, soft‑close cabinetry, pot filler, walk‑in pantry, and extended island
