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Corner Residential Income Property
For Sale
$1,850,000

701 PENNSYLVANIA AVENUE NW Unit 1217, Washington, DC 20004

Renovated corner residence with two outdoor spaces and views toward major Washington landmarks.

Property Size1,300 SF
Days on Market33

Property Features for 701 PENNSYLVANIA AVENUE NW Unit 1217

General Information

Standard status Active
Size 1,300 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $9,498

Building Details

Building Size 1,300 SF
Year Built 1991
Listing Agency: Compass
Listed By: John Eric · License #SP98364687
Source: Barnesrealestatecompany
Added: Sep 17 Changed: Oct 10 Last Checked: Oct 16 at 3:50PM

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 Compass

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Investment Insights

Based on property information with market context.

Residence 1217 is a corner residential income property with 1,300 square feet of interior space, two bedrooms, and two-and-a-half bathrooms. The home was rebuilt down to the studs and includes two outdoor spaces, creating additional areas for everyday use and entertaining.

The property is located at 701 Pennsylvania Avenue NW in Washington, DC, within the Market Square development and Penn Quarter. Outdoor views extend toward Pennsylvania Avenue, the Washington Monument, the U.S. Capitol, the National Mall, and the Smithsonian museums. The building was constructed in 1991.

Key Highlights

  • 1,300‑square‑foot corner residence with two bedrooms and two‑and‑a‑half bathrooms
  • Rebuilt down to the studs
  • Two outdoor spaces included

Property Analytics

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Current Use

Holland & Hart LLP Law Firm cdb consultancy, LLC Loan Service US Navy Memorial ... Memorial Park Cigna Corporate Office Market Square Property Management Company

Suggested Use

Top Pick Veterinary Clinic Butcher Pet Grooming Service Tanning Salon Clothing & Fashion Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

13,182
Businesses Nearby

Demographics for 20004, DC

1,682
Population
1,593
Households
1.1
Avg Household Size
40
Median Age
95%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
8,410
Density / Sq Mi
$161,359
Median Household Income
$133,857
Median Earnings
$2,945
Median Rent
$650,700
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Renovated corner residence with two outdoor spaces and views toward major Washington landmarks.
Where is this residential income property located?
The property is located at 701 PENNSYLVANIA AVENUE NW Unit 1217 Washington, DC.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 1,300‑square‑foot corner residence with two bedrooms and two‑and‑a‑half bathrooms; Rebuilt down to the studs; Two outdoor spaces included
More about this property
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