Renovated Residential Income
For Sale
$650,000
5703 9TH STREET NW Unit A, Washington, DC 20011
Two-level property with three bedrooms, upgraded kitchen finishes, private outdoor areas, and assigned off-street parking.
Property Size1,813 SF
Price / SF$358.52
Days on Market75
Property Features for 5703 9TH STREET NW Unit A
General Information
Standard status
Active
Size
1,813 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Amenities
rooftop deck
private balcony
in-unit laundry
Building Details
Building Size
1,813 SF
Year Built
1925
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Molly Branson · License #SP98376157
(301) 814-9925
Source:
Kerishull
Added: Jul 24
Changed: Oct 5
Last Checked: Oct 5 at 9:12PM
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
Investment Insights
Based on property information with market context.
This residential income property occupies two levels and was built in 1925. The main floor provides an open living and dining arrangement, a renovated kitchen with quartz countertops, soft-close cabinets, a pot filler, walk-in pantry, and an extended island with seating space. A laundry area and half bath are also located on this level. Upstairs are three bedrooms, including a primary suite with a large walk-in closet and ensuite bath featuring dual vanities, a rain shower, and private water closet. The upper level also includes a full bath and private balcony access to the roof deck.
Outdoor features include the rooftop deck, elevated positioning along 9th Street, and assigned off-street parking. The property is near the Petworth and Brightwood areas, with restaurants, coffee shops, and parks nearby. Its Washington, DC address places it within an established urban residential setting.
Outdoor features include the rooftop deck, elevated positioning along 9th Street, and assigned off-street parking. The property is near the Petworth and Brightwood areas, with restaurants, coffee shops, and parks nearby. Its Washington, DC address places it within an established urban residential setting.
Key Highlights
- Fully renovated two‑level property built in 1925
- Three bedrooms, two full baths, and one half bath
- Renovated kitchen with quartz counters, walk‑in pantry, pot filler, and extended island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,856
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,120
$577.1K
Cap Rate 7%
$412,229
$412.2K
Cap Rate 9%
$320,622
$320.6K
Market Conditions
NOI Build-Up for 1,813 SF
Gross rent
$55.7K $30.72/SF
− Vacancy
−$3.2K −$1.78/SF
EGI
$52.5K $28.94/SF
− OpEx
−$23.6K −$13.02/SF
NOI
$28.9K $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%
$577,120
Cap Rate 7%
$412,229
Cap Rate 9%
$320,622
Alternative Uses
Best Use
Apartment 5plus
$412.2K
$360.7K – $480.9K
NOI $28,856 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$936.1K
$819.1K – $1.09M
NOI $65,524 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,579
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-level property with three bedrooms, upgraded kitchen finishes, private outdoor areas, and assigned off-street parking.
Where is this residential income property located?
The property is located at 5703 9TH STREET NW Unit A Washington, DC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully renovated two‑level property built in 1925; Three bedrooms, two full baths, and one half bath; Renovated kitchen with quartz counters, walk‑in pantry, pot filler, and extended island
