Seventh-Floor Studio
For Sale
$155,000
800 4TH STREET SW Unit N-703, Washington, DC 20024
Residents have access to on-site management, two fitness centers, and a swimming pool.
Property Size486 SF
Days on Market16
Property Features for 800 4TH STREET SW Unit N-703
General Information
Standard status
Active
Size
486 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x studio
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,532
Amenities
on-site management
full service
two fitness centers
pool
Building Details
Building Size
486 SF
Year Built
1959
Listing Agency:
The Real Estate Store
Listed By:
Charles W Worthy · License #SP47913
(301) 580-2636
Source:
Kwcapitalproperties
Added: Sep 23
Changed: Oct 3
Last Checked: Oct 7 at 5:56PM
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 The Real Estate Store
Investment Insights
Based on property information with market context.
This studio-style residential unit occupies the seventh floor of a building constructed in 1959. The property has on-site management, two fitness centers, and a pool. The unit is being sold as-is.
The building is in Southwest Washington, DC, near the DC Waterfront and shopping.
The building is in Southwest Washington, DC, near the DC Waterfront and shopping.
Key Highlights
- Studio‑style unit on the 7th floor
- Two fitness centers and a pool
- On‑site management
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,075
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$161,500
$161.5K
Cap Rate 7%
$115,357
$115.4K
Cap Rate 9%
$89,722
$89.7K
Market Conditions
NOI Build-Up for 486 SF
Gross rent
$15.5K $31.80/SF
− Vacancy
−$773 −$1.59/SF
EGI
$14.7K $30.21/SF
− OpEx
−$6.6K −$13.59/SF
NOI
$8.1K $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%
$161,500
Cap Rate 7%
$115,357
Cap Rate 9%
$89,722
Alternative Uses
Best Use
Apartment 5plus
$115.4K
$100.9K – $134.6K
NOI $8,075 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$250.0K
$218.7K – $291.7K
NOI $17,499 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
Property 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to on-site management, two fitness centers, and a swimming pool.
Where is this residential income property located?
The property is located at 800 4TH STREET SW Unit N-703 Washington, DC.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Studio‑style unit on the 7th floor; Two fitness centers and a pool; On‑site management
