Loft-Style Residential Income
For Sale
$225,000
5885 COLORADO AVENUE NW Unit 109, Washington, DC 20011
An open living area, updated kitchen, and in-unit laundry provide a functional, connected interior.
Property Size546 SF
Price / SF$412.09
Days on Market56
Property Features for 5885 COLORADO AVENUE NW Unit 109
General Information
Standard status
Active
Size
546 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,789
Amenities
in-unit laundry
rooftop deck
Building Details
Building Size
546 SF
Year Built
1900
Listing Agency:
Northrop Realty
Listed By:
Nicole A. Moreno · License #5009675
(301) 500-5158
Source:
Jackrealtygroup
Added: Sep 3
Changed: Oct 26
Last Checked: Oct 26 at 2:26PM
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 Northrop Realty
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Investment Insights
Based on property information with market context.
This 546-square-foot loft-style residence at 5885 Colorado Avenue NW features 12-foot ceilings, floor-to-ceiling windows, and hardwood flooring. The living, dining, and kitchen areas share an open layout. The updated kitchen has stainless steel appliances, granite countertops, and ample cabinetry. A separate bedroom has new carpeting and a wall of windows; the full bathroom includes a tiled tub and shower surround. A dedicated closet houses the in-unit washer and dryer.
Residents have access to a rooftop deck with views over Washington, DC. The property is near Silver Spring and the restaurants, shops, markets, and services along the 14th Street and Georgia Avenue corridors. Rock Creek Park is also nearby, with hiking, biking, picnicking, tennis, golf, and other outdoor recreation noted in the surrounding area.
Residents have access to a rooftop deck with views over Washington, DC. The property is near Silver Spring and the restaurants, shops, markets, and services along the 14th Street and Georgia Avenue corridors. Rock Creek Park is also nearby, with hiking, biking, picnicking, tennis, golf, and other outdoor recreation noted in the surrounding area.
Key Highlights
- 546 SF residence with 12‑foot ceilings
- Floor‑to‑ceiling windows and hardwood floors
- Open living, dining, and kitchen layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,690
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,800
$173.8K
Cap Rate 7%
$124,143
$124.1K
Cap Rate 9%
$96,556
$96.6K
Market Conditions
NOI Build-Up for 546 SF
Gross rent
$16.8K $30.72/SF
− Vacancy
−$973 −$1.78/SF
EGI
$15.8K $28.94/SF
− OpEx
−$7.1K −$13.02/SF
NOI
$8.7K $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%
$173,800
Cap Rate 7%
$124,143
Cap Rate 9%
$96,556
Alternative Uses
Best Use
Apartment 5plus
$124.1K
$108.6K – $144.8K
NOI $8,690 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$281.9K
$246.7K – $328.9K
NOI $19,733 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,513
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 - An open living area, updated kitchen, and in-unit laundry provide a functional, connected interior.
Where is this residential income property located?
The property is located at 5885 COLORADO AVENUE NW Unit 109 Washington, DC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 546 SF residence with 12‑foot ceilings; Floor‑to‑ceiling windows and hardwood floors; Open living, dining, and kitchen layout
