Residential Income Unit with
For Sale
$239,000
800 4TH STREET SW Unit S124, Washington, DC 20024
Updated kitchen and flooring complement an open living area in a full-service community.
Property Size686 SF
Price / SF$348.40
Days on Market172
Property Features for 800 4TH STREET SW Unit S124
General Information
Standard status
Active
Size
686 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,651
Amenities
balcony
outdoor pool
fitness center
business center
community room
bike storage
24-hour concierge
Building Details
Building Size
686 SF
Year Built
1959
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: May 12
Changed: Oct 27
Last Checked: Oct 26 at 2:41PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 686-square-foot residential income unit, built in 1959, has an open living area connected to a balcony, with balcony access from both the living room and bedroom. Brand-new luxury vinyl plank flooring runs throughout, and the kitchen has granite countertops. Closet storage is also provided.
Residents have access to an outdoor pool, fitness center, business center, community room, bike storage, and a 24-hour front desk. Utilities are included in the monthly assessment. The property is near the SW Waterfront, Metro, and dining.
Residents have access to an outdoor pool, fitness center, business center, community room, bike storage, and a 24-hour front desk. Utilities are included in the monthly assessment. The property is near the SW Waterfront, Metro, and dining.
Key Highlights
- 686‑square‑foot unit with balcony access from the living room and bedroom
- Updated kitchen with granite countertops and new luxury vinyl plank flooring
- Community amenities include an outdoor pool, fitness center, business center, and community room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,398
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,960
$228.0K
Cap Rate 7%
$162,829
$162.8K
Cap Rate 9%
$126,644
$126.6K
Market Conditions
NOI Build-Up for 686 SF
Gross rent
$21.8K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.7K $30.21/SF
− OpEx
−$9.3K −$13.59/SF
NOI
$11.4K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,960
Cap Rate 7%
$162,829
Cap Rate 9%
$126,644
Alternative Uses
Best Use
Apartment 5plus
$162.8K
$142.5K – $190.0K
NOI $11,398 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.9K
$308.8K – $411.7K
NOI $24,700 @ 7.0% cap · market cap 10.33%
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
3,158
Businesses Nearby
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Business Placement
Demographics for 20024, DC
15,952
Population
11,560
Households
1.4
Avg Household Size
37
Median Age
70%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
7,251
Density / Sq Mi
$102,623
Median Household Income
$94,419
Median Earnings
$2,121
Median Rent
$497,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen and flooring complement an open living area in a full-service community.
Where is this residential income property located?
The property is located at 800 4TH STREET SW Unit S124 Washington, DC.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 686‑square‑foot unit with balcony access from the living room and bedroom; Updated kitchen with granite countertops and new luxury vinyl plank flooring; Community amenities include an outdoor pool, fitness center, business center, and community room
