About 1311 R STREET, Unknown, Washington, D.C., 20009
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.
1st Floor Bathrooms (Full) : 2
1st Floor Bathrooms (Full) : 1
1st Floor Bathrooms (Half) : 1
2nd Floor Bathrooms (Full) : 1
Main Floor Bedrooms : 2
1st Floor Bedrooms : 1
1st Floor Bedrooms : 2
2nd Floor Bedrooms : 1
Sewer: Public Sewer
Water Source: Public
Hot Water: Natural Gas
2 Attached Carport Space(s)
2 Garage And Parking Space(s)
Parking Types : Attached Carport, Parking Lot, Off Street, Alley
View:City
Pool Features: No Pool
Soil Type: Chillum-Urban Land Complex
Location: Downtown
Below Grade Area Total: 0 Square Feet
Has Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Has Heating
Heating Type: Forced Air
Heating Fuel: Natural Gas
Architectural Style : Contemporary
Construction Materials: Combination
With Basement
Basement : Combination
4 Level(s)
Foundation Details:Block, Slab
Stories: Lower 1, Main, Upper 1, Upper 2
Year Built Source: Estimated
Zoning: RESIDENTIAL
1st Floor Bathrooms (Full) : 2
1st Floor Bathrooms (Full) : 1
1st Floor Bathrooms (Half) : 1
2nd Floor Bathrooms (Full) : 1
Main Floor Bedrooms : 2
1st Floor Bedrooms : 1
1st Floor Bedrooms : 2
2nd Floor Bedrooms : 1
Sewer: Public Sewer
Water Source: Public
Hot Water: Natural Gas
2 Attached Carport Space(s)
2 Garage And Parking Space(s)
Parking Types : Attached Carport, Parking Lot, Off Street, Alley
View:City
Pool Features: No Pool
Soil Type: Chillum-Urban Land Complex
Location: Downtown
Below Grade Area Total: 0 Square Feet
Has Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Has Heating
Heating Type: Forced Air
Heating Fuel: Natural Gas
Architectural Style : Contemporary
Construction Materials: Combination
With Basement
Basement : Combination
4 Level(s)
Foundation Details:Block, Slab
Stories: Lower 1, Main, Upper 1, Upper 2
Year Built Source: Estimated
Zoning: RESIDENTIAL
Street Address: 1311 R STREET
City: Unknown
State: Washington, D.C.
Postal Code: 20009
Directions:
Heading North towards U St NW on 13th St NW, make a Left onto R St NW. Property will be in the Right.
Property Information :
Listing Status: Active
Lot Size: 0.04 Acres
MLS #: DCDC2190918
Bedrooms: 6 bds
Bathrooms: 8 ba
Price: $4,000,000
Tax Amount: 6660.00
Construction Status: Built in 2018
Last Modified : Aug 18 2025 1:57AM
Amenities :
Basement
Courtesy of: Noel Sesay, Compass (MLS# COMPS1)
Source MLS: BRIGHT