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One-Bedroom Condominium
For Sale
$299,900

922 24TH STREET NW Unit 104, Washington, DC 20037

The residence comes with an assigned surface parking space and access to an outdoor pool and front desk service.

Property Size669 SF
Price / SF$448.28
Days on Market295

Property Features for 922 24TH STREET NW Unit 104

General Information

Standard status Active
Size 669 SF
Total Parking Spaces 1
Elevators Yes
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Foggy Bottom
Public Transit Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,670

Amenities

outdoor pool
front desk services
common laundry room

Building Details

Building Size 669 SF
Year Built 1962
Listing Agency: Corcoran McEnearney
Listed By: Anslie Stokes Milligan · License #SP98361041
Source: Kartaproperties
Added: Jan 8 Changed: Oct 26 Last Checked: Oct 26 at 2:33PM

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 Corcoran McEnearney

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Investment Insights

Based on property information with market context.

This 669-square-foot condominium has one bedroom, a separate dining area, and a living room with a wall of windows. Engineered hardwood runs throughout, and storage includes an oversized bedroom closet, a deep hallway closet, and a coat closet. The kitchen has upgraded countertops and white cabinetry. The unit was freshly painted and was built in 1962. One assigned surface parking space is included with the sale.

Building amenities include an outdoor pool, front desk service, a shared laundry room, renovated lobby and hallways, and new elevators. The property is across the street from the Foggy Bottom Metro station, near George Washington University and its hospital, and three blocks from the Potomac River. Georgetown is a 10-minute walk away. Whole Foods, Trader Joe’s, Sweetgreen, CIRCA, and Starbucks are also nearby.

Key Highlights

  • 669‑square‑foot, one‑bedroom condominium with a separate dining area
  • One assigned surface parking space included
  • Outdoor pool, front desk service, and common laundry room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,116
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,320 $222.3K
Cap Rate 7%
$158,800 $158.8K
Cap Rate 9%
$123,511 $123.5K
Market Conditions
NOI Build-Up for 669 SF
Gross rent
$21.3K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.2K $30.21/SF
− OpEx
−$9.1K −$13.59/SF
NOI
$11.1K $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%
$222,320
Cap Rate 7%
$158,800
Cap Rate 9%
$123,511

Alternative Uses

Best Use
Apartment 5plus
$158.8K
$139.0K – $185.3K (±1% cap)
NOI $11,116 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$344.1K
$301.1K – $401.5K (±1% cap)
NOI $24,088 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

17,858
Businesses Nearby

Demographics for 20037, DC

14,945
Population
8,828
Households
1.7
Avg Household Size
29
Median Age
90%
College-Educated
99%
High-School Grad
0.7 sq mi
ZIP Area
21,350
Density / Sq Mi
$98,917
Median Household Income
$69,480
Median Earnings
$2,420
Median Rent
$743,700
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 - The residence comes with an assigned surface parking space and access to an outdoor pool and front desk service.
Where is this residential income property located?
The property is located at 922 24TH STREET NW Unit 104 Washington, DC.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 669‑square‑foot, one‑bedroom condominium with a separate dining area; One assigned surface parking space included; Outdoor pool, front desk service, and common laundry room
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