What $340K Buys You in DC

by Rebecca Ortega

In What X Buys You this week, we take a look at properties that recently came on the market in the $335,000-$350,000 range to give readers an idea of what type of home this price point offers in DC.

Mount Pleasant One-Bedroom (Dewey Decimal Does Not Convey)


This one-bedroom unit is located on an upper floor at a condo building called the Alroy at the corner of Mount Pleasant Street and Kenyon Street NW. The unit has just under 700 square feet of space, hardwood floors and the current owner looks to own an old library card catalog that we imagine does not convey with the unit. A $281 monthly condo fee covers standard building maintenance, trash removal and water usage, but the unit does not come with parking or a washer/dryer. However, the price per square foot is on par for the area and the high altitude location offers views of the National Cathedral. For the full listing, click here.

1615 Kenyon Street NW, #59 (map)

  • Price: $335,000
  • Bedrooms: One
  • Bathrooms: One
  • Square Footage: 678

One-Bedroom Living at the Car Barn


The streetcar depot-turned-condo building called The Car Barn in Capitol Hill has become an increasingly attractive option for young homebuyers in the city. This newly renovated one-bedroom, one-bath unit has a spacious living room with a gas fireplace, an updated galley kitchen with a wine cooler, and a bedroom with large closets. The unit includes a washer/dryer and offers rental parking. The monthly fees are low at $201 a month, and pay for, among other things, access to the building’s pool. The location is not near much in the way of local attractions, but is close to Lincoln Park and only a 10-15 minute walk from Eastern Market and Barracks Row. For the full listing, click here.

1441 A Street NE, #1441 (map)

  • Price: $335,000
  • Bedrooms: One
  • Bathrooms: One
  • Square Footage: 687

750 Square-Foot One-Bedroom On the ‘Other’ Side of Cleveland Park


The largest and highest priced of the three condos featured, this first floor one-bedroom unit on the Wisconsin Avenue side of Cleveland Park has an updated kitchen and bathroom and a wood-burning fireplace. The living/dining area is rather small, but there is a private patio space off the room. The $268 condo fee includes access to a fitness center and a community pool, and a parking space is also included in the list price. While this section of DC is not high on the list for buyers that are looking for a unit of this size, it is quiet and the condo is in walking distance to local bars and restaurants on Wisconsin Avenue. For the full listing, click here.

3603 38th Street NW, #101 (map)

  • Price: $349,900
  • Bedrooms: One
  • Bathrooms: One
  • Square Footage: 751

This article originally published at http://dc.urbanturf.com/articles/blog/what_340k_buys_you_in_DC/2519


  1. BFG said at 4:27 pm on Tuesday September 28, 2010:

    I would buy the Mount Pleasant unit and fix it up. I would also make an offer on the card catalog.

  1. SL said at 5:09 pm on Tuesday September 28, 2010:

    I know the Mt. Pleasant building and it’s great that it’s a top floor unit with a parking spot, but they are dreaming if they think they will get that price. A friend of mine backed out of buying another unit in that building about a year ago - it was another 1BR, also on the top floor, also not renovated (80s kitchen & bath). It eventually sold for $252K http://www.redfin.com/DC/Washington/1615-Kenyon-St-NW-20010/unit-52/home/10007903. Another recent sale in that building was a 1BR at $320K, but it was fully renovated (it was featured on this website) http://www.redfin.com/DC/Washington/1615-Kenyon-St-NW-20010/unit-44/home/10007889 

    I think with being on the top floor and parking spot but needing full renovations, it will end up selling for around $300K.

  1. Will Smith said at 5:13 pm on Tuesday September 28, 2010:


    Actually 1615 Kenyon doesn’t come with parking. (We fixed a typo.)

    Will Smith

  1. Jeanne said at 5:21 pm on Tuesday September 28, 2010:

    Car barn! For the pool time alone.

  1. SL said at 5:32 pm on Tuesday September 28, 2010:

    Wow, even more reason this condo is overpriced. Without parking I see it hard to sell this unit for more than about $280K. I think the market has recovered some since the previous unit (#52) sold for $252K, so don’t think it will sell for that low, but…

    Anyway, at the prices listed, I’d agree with Jeanne that the Car Barn unit is the best deal and is in a nice location.

  1. All Things Wash DC said at 7:50 pm on Tuesday September 28, 2010:

    Mt. Pleasant is a great, hip area though… and for a city like DC it is often worth the price. This sleek 1br condo is on Park Rd. for only $235K…  http://wydlerbrothers.com/s1/index.php?option=com_hotproperty&task=view&mItemid=5&id=151&Itemid=57

  1. CO said at 8:20 pm on Tuesday September 28, 2010:

    You’ve shown some interesting properties here, but it’s worth noting that there are a lot of 2-3 bedroom homes in NE neighborhoods like Fort Totten and Brookland that have a lot of character and oodles of space that might be worth profiling at some point.

  1. Rachel said at 11:06 am on Wednesday September 29, 2010:

    Agree with CO—for this price, you can get a three-bedroom fixer-upper in Petworth or Brookland, and live there for 15 years with a family!

  1. Jay said at 11:18 am on Wednesday September 29, 2010:

    I agree with CO, except that even in NW (some just blocks away from Mount Pleasant) - Petworth, upper Columbia Heights, and parts of 16th Street Heights, that there are many 1,800 to 2,000 sq ft. houses selling at the $375K-500K range.  Most are in pretty good shape, have ample parking, are close to either Metro and/or great bus lines, and may even have decent-sized yards.  Why not expand the search and look ten blocks north and find something that is still close-in & convenient?  It’s worth a look.

  1. Andi said at 3:53 pm on Wednesday September 29, 2010:

    Or you could buy a renovated row home in Brookland for that price. 


  1. SO said at 12:31 am on Thursday September 30, 2010:

    Or think long term and outside the “hot spots” box and get a brand new, 3 story, 3 bd, 2.5 ba townhouse w/garage a few blocks from Fort Totten metro (red, yellow & green lines) in North Michigan Park. You’ll have to wait 1-2 years for amenities in the immediate area, but… 1500+ sqft for the price of these 1 bd condos? Sorry, no contest.

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