New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,915,000
Apartment buildings
325 Franklin NE St Washington, DC 20002-1060
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US16-0209272
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1939
Construction
BRICK
Total area
32,908 SF
Lot
0.27 ac (11,778 SF)
Zoning code
RF-1
APN
3550 0806
UPID
US16-0209272
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
635edge Woodterrice Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.92M
Owner & transaction history
Franklin Street Partnership LLC · 8 yrs held
Franklin Street Partnership LLC
since 2018
5 recorded transactions
Zoning & alternative use
RF-1 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$149 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,939
Tax year 2023
Assessed value
$3,964,900
Assessed 2023
Previous assessed
$3,964,900
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$855,080
Assessed improvement
$3,109,820
Land market value
$855,080
Improvement market value
$3,109,820
Total market value
$3,964,900
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1939
Construction
BRICK
Heating
NONE
Stories
3
Units
39
Total area
32,908 SF
Lot
0.27 ac (11,778 SF)
Zoning code
RF-1
APN
3550 0806
UPID
US16-0209272
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RF-1 · Washington, DC
Zoning RF-1 · permitted uses
RF-1 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Construction
BRICK
Heating
NONE
Stories
3
Units
39
Lot
0.27 ac
Current owner
From public records · entity-resolved
Franklin Street Partnership LLC
Entity
Mailing address
519 11TH ST SE, WASHINGTON, DC 20003-2831
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2018
$9,325,000
Franklin Street Partnership LLC
315 Franklin LLC
Special Warranty Deed
$7,500,000 · John Marshall Bank
May 4, 2012
$2,565,000
315 Franklin LLC
Dudley,cornelius C & Emma I
Grant Deed
—
—
—
315 Franklin LLC
—
Deed Of Trust
related
$1,200,000 · Centerline Mtg Cap
—
—
Franklin Street Ptshp LLC
—
Deed Of Trust
related
$9,500,000 · Sandy Spring Bk
—
—
315 Franklin LLC
—
Deed Of Trust
related
$4,227,000 · Centerline Mortgage Capital
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 325 Franklin NE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
