#DCDC2140834, Greg S Schwartz, Listing Office: DC Real Property,LLC
Property details
About 1311 R St NW
A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583,000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.
Highlights
Home typeTownhouse
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
BasementYes
Lot size0.04 Acres
Year built2018
ParkingAttached Carport,Parking Lot,Off Street,Alley
MLS #DCDC2190918
ViewCity
Summary
- MLS Number: DCDC2190918
- MLS Name: BRIGHT
- Office Name: Compass
- Office Phone: (202) 386-6330
- Listing Agent: Noel P Sesay
- Agent Phone: (202) 431-3119
- Agent Email: noelsesay@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,000,000
1311 R St NW
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Price information
Property sales
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Tax history
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Nearby schools
7
Garrison Elementary School
Public District EE-5
0.1 mi
•1200 S St NW
7
Seaton Elementary School
Public District EE-5
0.3 mi
•1503 10th St NW
6
Cleveland Elementary School
Public District EE-5
0.4 mi
•1825 8th St NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $94,676. Most Washington, DC residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
14%
<35k
38%
35k-100k
26%
100k-200k
22%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
79%
Single, No Kids
2%
Single, with Kids
11%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
2%
12-17 yrs old
40%
18-34 yrs old
45%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
Alternative- Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1311 R St NW
This home is located at 1311 R St NW in Washington, DC and zip code 20009 in the Northwest neighborhood. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $4,000,000.
While more than 66 listings in Washington, DC in March 2025 were sold above asking price, there were more than 81 listings sold at asking price, and more than 170 were sold below. In March 2025 in Washington, DC there were 40.4% more homes for sale than in February. Listings spent 55 days on the market in March 2025, and had a median list price of $672,196 during the same period.
From Rocket Homes Real Estate and based on county public records data.