Property profile

1516 Marion NW St Washington, DC 20001

OFF-MARKET
Apartment buildings
Property ID
US16-0023438
7,770 SF 0.1 ac lot Built 1950
Entity Owned 15-yr Hold
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1950
Construction BRICK
Total area 7,770 SF
Lot 0.1 ac (4,276 SF)
Zoning code RF-1
APN 0445 0801
UPID US16-0023438

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1516 Marion NW St Washington, DC 20001-3440
Washington metro Census 4801 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.99M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.65M

Owner & transaction history

since 2011
7 recorded transactions
2011
$1.3M
2008
Price N/A
2006
Price N/A
2005
$73,322
1998
$156,000
1997
$80,000
1997
$132,232

Zoning & alternative use

RF-1 · Washington, DC
Zoning description

0 LOT OCCUPANCY 210 Source Note 211 PERVIOUS SURFACE 211 Source Note 212 SPECIAL EXCEPTION FOR PUBLIC LIBRARIES AND PUBLIC RECREATION AND COMMUNITY CENTERS 212 Source Note CHAPTER 3 DUPONT CIRCLE RESIDENTIAL FLAT ZONE -…

General category RESIDENTIAL
Top alternative use upside
Warehouse, storage $2.4M +6.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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