Residential Income Property with
For Sale
$389,000
800 4TH STREET SW Unit S402, Washington, DC 20024
A one-bedroom residence pairs an open living area with a private outdoor space.
Property Size927 SF
Days on Market13
Property Features for 800 4TH STREET SW Unit S402
General Information
Standard status
Active
Size
927 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,658
Amenities
private balcony
two fitness centers
laundry room
conference and office spaces
bike room
Building Details
Building Size
927 SF
Year Built
1959
Listing Agency:
Spring Hill Real Estate, LLC.
Listed By:
Omid Asgari · License #SP40001063
(301) 636-7377
Source:
Kwcapitalproperties
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 16 at 4:21PM
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 Spring Hill Real Estate, LLC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1959 residential property is a one-bedroom, one-bath condominium offering nearly 1,000 square feet. Its open arrangement connects the kitchen with the living and dining areas, while floor-to-ceiling windows bring in natural light and provide access to a private balcony. The unit also includes parking and storage, and the bathroom has an updated vanity.
Residents have access to two fitness centers, laundry facilities, conference and office areas, and a bike room. The property is at 800 4th Street SW in Washington, DC, near The Wharf, Nationals Park, Arena Stage, waterfront parks, restaurants, shopping, and Metro access.
Residents have access to two fitness centers, laundry facilities, conference and office areas, and a bike room. The property is at 800 4th Street SW in Washington, DC, near The Wharf, Nationals Park, Arena Stage, waterfront parks, restaurants, shopping, and Metro access.
Key Highlights
- Nearly 1,000 square feet in a one‑bedroom, one‑bath condominium
- Private balcony accessed through floor‑to‑ceiling windows
- Parking and storage included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,403
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,060
$308.1K
Cap Rate 7%
$220,043
$220.0K
Cap Rate 9%
$171,144
$171.1K
Market Conditions
NOI Build-Up for 927 SF
Gross rent
$29.5K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$28.0K $30.21/SF
− OpEx
−$12.6K −$13.59/SF
NOI
$15.4K $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%
$308,060
Cap Rate 7%
$220,043
Cap Rate 9%
$171,144
Alternative Uses
Best Use
Apartment 5plus
$220.0K
$192.5K – $256.7K
NOI $15,403 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.8K
$417.2K – $556.3K
NOI $33,377 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,158
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence pairs an open living area with a private outdoor space.
Where is this residential income property located?
The property is located at 800 4TH STREET SW Unit S402 Washington, DC.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Nearly 1,000 square feet in a one‑bedroom, one‑bath condominium; Private balcony accessed through floor‑to‑ceiling windows; Parking and storage included
