1311 R St NW Washington, DC 20009
Logan Circle NeighborhoodEstimated payment $21,679/month
Highlights
- City View
- Contemporary Architecture
- Downtown Location
- Garrison Elementary School Rated 9+
- No HOA
- 3-minute walk to Shaw Dog Park
About This Home
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.
Co-Listing Agent
(202) 270-7462 team@babbingtoninc.com Compass License #sp98368959
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,660
Year Built
- Built in 2018
Lot Details
- 1,811 Sq Ft Lot
- Downtown Location
Home Design
- Contemporary Architecture
- Combination Foundation
- Block Foundation
- Slab Foundation
Interior Spaces
- Property has 4 Levels
- City Views
- Basement
Bedrooms and Bathrooms
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
- Alley Access
- Parking Lot
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Logan Circle Subdivision
Listing and Financial Details
- Tax Lot 135
- Assessor Parcel Number 0239//0135
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2021 | $6,577 | $773,790 | $773,790 | $0 |
2020 | $6,585 | $774,670 | $774,670 | $0 |
2019 | $3,912 | $460,220 | $460,220 | $0 |
2018 | $1,960 | $461,110 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/19/2025 03/19/25 | For Sale | $4,000,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $2,500,000 | Standard Title Group Llc | |
Trustee Deed | $2,100,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,800,000 | Purchase Money Mortgage | |
Closed | $925,000 | Stand Alone Second | |
Previous Owner | $1,500,000 | Commercial | |
Previous Owner | $2,445,850 | Construction |
Source: Bright MLS
MLS Number: DCDC2190918

APN: 0239-0135
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