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1617 12th St NW
4 Unit Apartment Building $2,600,000 ($650,000/Unit) 5.87% Cap Rate Washington, DC 20009
Investment Highlights
- Popular location
- Charming
- Low condo fee
- Walkable
- Washer dryer in unit
- Option to rent out units
Executive Summary
A rare opportunity to own an entire multifamily building in the heart of Logan Circle! This unique property features four distinct units, each offering a different floor plan, providing a variety of options for tenants. Recently updated interiors create a modern living experience in one of DC’s most sought-after neighborhoods. Tenants will be minutes away from iconic dining spots like Le Diplomate, renowned for its French-inspired cuisine, and Pearl Dive Oyster Palace for fresh seafood. For those who love brunch, Barcelona Wine Bar and Commissary are local favorites. The neighborhood also boasts trendy bars like ChurchKey, known for its extensive craft beer selection, and Batch 13 for cocktail enthusiasts. With Whole Foods, Studio Theatre, and numerous boutiques lining 14th Street, the location offers an unmatched urban lifestyle.
Property Facts
| Price | $2,600,000 | Apartment Style | Garden |
| Price Per Unit | $650,000 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 2,759 SF |
| Cap Rate | 5.87% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1953/2010 |
| Property Subtype | Apartment | Parking Ratio | 0.72/1,000 SF |
| Price | $2,600,000 |
| Price Per Unit | $650,000 |
| Sale Type | Investment |
| Cap Rate | 5.87% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.04 AC |
| Building Size | 2,759 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2010 |
| Parking Ratio | 0.72/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,825 | 550 |
| 2+2 | 1 | $3,100 | 1,000 |
| 2+1 | 1 | $2,495 | 1,000 |
| 3+2 | 1 | $4,950 | 1,100 |
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Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (99)
zoning
| Zoning Code | RF-1 |
| RF-1 |
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1617 12th St NW
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