1019 17th Pl NE #103 · Washington, DC 20002

$219,000

1 bd · 1.0 ba · 453 sqft · Condo public records · 168 Days on market

Built 1936 Good condition $483/sqft · 15% below area Est $259k · 15% under $175/mo HOA · 8% of rent ↓ 32% since listing

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.3/30.0
• ARV discount +14.4/15.0
• DSCR +5.7/10.0
• 1% rule +5.4/10.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Rent growth +1.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to TEN19, the newest boutique condo community in the heart of Langston-Carver, NE DC consisting of eleven modern residences. Brand New STUDIO 1 Bath condominium. The open floor plan is complete with the gorgeous kitchen with a big center island. This modern and beautiful home offers a great contemporary kitchen, stainless steel appliances, calacatta quartz countertops, white oak hardwood flooring, Zen Garden +Low condo fees. The building features a secured entry and home intercom system, as well as bike storage We are perfectly situated in the District’s sought-after and vibrant H Street Corridor and Union Market with close easy access to Union Station within blocks of our best cultural, dining, and entertainment venues. The building is VA-approved.

Key facts

• $175 HOA
• Built 1936
• Listed 168 days

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $219k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $199 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $219k).
• Recommended offer: $193k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 2.5% in Washington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#1 in DC) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
• District Of Columbia Public Schools (urban): math 33% / reading 40% proficiency, ranked #8 of 32 in DC (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Browne Education Campus (438 students, 0% FRL); Eastern Hs (865 students, 0% FRL) — zoned schools average 0% FRL vs 65% district-wide (65 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents falling (-3.0%/yr); 887 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 1,737 units permitted in District of Columbia in 2024 (1,506 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• District of Columbia County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 168 days — a 12% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1936 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $192,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 168 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1936 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 7.38%
• Cash-on-cash: 3.90%
• DSCR: 1.17
• GRM: 8.0

CMA / ARV

• ARV (median comp): $258,590
• List price: $219,000
• Delta: -15.31%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
315 G St NE #303	1.20mi	1/1.0	453 (0%)	2mo	$315,000	$695	63
1827.5 Channing St NE Unit 1827.5	1.32mi	1/1.0	436 (-4%)	6mo	$191,500	$439	54
833 19th St NE #1	0.28mi	2/1.0 (+1)	520 (+15%)	5mo	$260,000	$500	53
1358 Florida Ave NE #103	0.37mi	1/1.0	545 (+20%)	7mo	$308,655	$566	52
1358 Florida Ave NE #208	0.38mi	1/1.0	547 (+21%)	7mo	$274,900	$503	52
644 Massachusetts Ave NE #301	1.17mi	1/1.0	487 (+8%)	3mo	$375,000	$770	50
1124 Florida Ave NE #308	0.58mi	1/1.0	542 (+20%)	2mo	$319,900	$590	46
315 G St NE #306	1.20mi	1/1.0	410 (-10%)	6mo	$320,000	$780	44
1625 Eckington Pl NE Ph 319	1.42mi	1/1.0	506 (+12%)	6mo	$247,500	$489	41
1405 East Capitol St SE #3	0.99mi	1/1.0	545 (+20%)	1mo	$377,500	$693	39
300 8th St NE #404	1.05mi	1/1.0	531 (+17%)	6mo	$550,000	$1,036	35
18 9th St NE #307	1.18mi	1/1.0	530 (+17%)	7mo	$399,000	$753	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -13.8%
• Equity multiple: 0.52×
• Total profit: $-29,365
• Equity at exit: $32,654

10-year hold

• IRR: -10.9%
• Equity multiple: 0.44×
• Total profit: $-34,589
• Equity at exit: $18,935

Cash invested: $61,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State District of Columbia: 12 Strongly Tenant-Friendly · D+43
• County: — inherits STATE
• City Washington: 0 Strongly Tenant-Friendly · D+43

Rent Stabilization Program; TOPA gives tenants right of first refusal.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 1 active · 1 under contract
• Median asking: $324,900 ($626/sqft)
• Median days on market: 158 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -8.8% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 20002

• Rents YoY: -3.0%
• Active inventory: 887
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,269 high
• Mortgage (P&I): −$1,148
• Tax from tax record: −$178 /mo · $2,139/yr
• Insurance: −$91
• HOA: −$175
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $199

Break-even live

Break-even rent $2,016

Max offer price $219,000

Occupancy floor 86%

Sensitivity live

Price	-10% $323	-5% $261	+0% $199	+5% $137	+10% $75
Rent	-10% $20	-5% $110	+0% $199	+5% $289	+10% $378
Rate	-1.0pp $309	-0.5pp $255	base $199	+0.5pp $142	+1.0pp $85

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $54,750
• Closing costs: $6,570
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1521 Benning Rd NE Washington, DC	1.0–3.0	1.0–1.5	473	$1,319	$2.79	10d	1	0.26mi
524 13th St NE Washington, DC	1.0	1.0	410	$1,695	$4.13	0d	4	0.64mi
1100 F St NE Washington, DC	2.0	1.0–2.0	667	$2,918	$4.37	10d	71	0.71mi
816 E St NE Washington, DC	1.0	1.0	445	$2,199	$4.94	3d	3	0.88mi
805 C St NE Washington, DC	1.0	1.0	350	$1,850	$5.29	56d	1	1.02mi
436 6th St NE Unit 1 Washington, DC	1.0	1.0	350	$2,950	$8.43	143d	1	1.12mi
709 Massachusetts Ave NW Unit 1 Washington, DC	—	1.0	275	$1,875	$6.82	165d	1	1.15mi
709 Massachusetts Ave NW Unit 2 Washington, DC	—	1.0	275	$1,975	$7.18	165d	1	1.15mi
320 Florida Ave NE Washington, DC	2.0	1.0–2.0	502	$2,564	$5.10	0d	10	1.22mi
235 F St NE Unit 5 Washington, DC	1.0	1.0	193	$1,800	$9.33	2d	1	1.27mi
133 7th St SE #822 Washington, DC	1.0–3.0	1.0–2.0	199	$3,085	$15.50	0d	3	1.37mi
216 Maryland Ave NE Washington, DC	—	1.0	350	$1,545	$4.41	10d	1	1.43mi
311 A St NE Apt 1 Washington, DC	—	1.0	250	$4,250	$17.00	10d	1	1.44mi
503 Independence Ave SE Washington, DC	1.0	1.0	409	$5,500	$13.43	10d	6	1.49mi
311 E Capitol St SE #9 Washington, DC	—	1.0	320	$2,250	$7.03	10d	1	1.49mi
311 E Capitol St SE #10 Washington, DC	—	1.0	350	$2,400	$6.86	3d	1	1.49mi
311 E Capitol St SE #2 Washington, DC	—	1.0	300	$1,900	$6.33	10d	1	1.49mi
311 E Capitol St SE #5 Washington, DC	—	1.0	330	$2,200	$6.67	10d	1	1.49mi

Property features AI

Finance

• Other: Above-grade finished area recorded as 453 by assessor
• HOA & community: Monthly condo fee of $175.29HOA self-managed by ownerCondo fee includes gas, lawn maintenance, management, reserves, sewer, trash, and water

Exterior

• Parking: On-street parking
• Utilities: Public waterPublic sewerElectric service
• Home design: Garden-style building (1–4 floors)Unit/flat in the TRINIDAD building
• Construction: Brick constructionEffective year of major remodel 2022
• Exterior features: Condominium ownershipPets allowed on a case-by-case basisIn city limitsEntry on level 1

Interior

• Bedrooms: One bedroom on the main level
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Central heating (electric)Central air conditioning (electric)Electric hot water
• Interior features: No basementLiving area recorded by assessor
• Laundry & utility: Washer/dryer hookup in unit

HOA detail $175/mo · $2,100/yr condo

• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-10-31
   days on market $219,000 Active 168 DOM
2. 2026-10-30
   days on market $219,000 Active 167 DOM
3. 2026-10-29
   days on market $219,000 Active 166 DOM
4. 2026-10-28
   days on market $219,000 Active 165 DOM
5. 2026-10-27
   days on market $219,000 Active 164 DOM
6. 2026-10-26
   days on market $219,000 Active 163 DOM
7. 2026-10-26
   days on market $219,000 Active 162 DOM
8. 2026-10-24
   days on market $219,000 Active 161 DOM
9. 2026-10-23
   days on market $219,000 Active 160 DOM
10. 2026-10-22
    days on market $219,000 Active 159 DOM
11. 2026-10-21
    days on market $219,000 Active 158 DOM
12. 2026-10-20
    days on market $219,000 Active 157 DOM
13. 2026-10-19
    days on market $219,000 Active 156 DOM
14. 2026-10-18
    days on market $219,000 Active 155 DOM
15. 2026-10-17
    days on market $219,000 Active 154 DOM
16. 2026-10-16
    days on market $219,000 Active 153 DOM
17. 2026-10-15
    days on market $219,000 Active 152 DOM
18. 2026-10-14
    days on market $219,000 Active 151 DOM
19. 2026-10-13
    days on market $219,000 Active 150 DOM
20. 2026-10-12
    days on market $219,000 Active 149 DOM
21. 2026-10-11
    days on market $219,000 Active 148 DOM
22. 2026-10-10
    days on market $219,000 Active 147 DOM
23. 2026-10-09
    days on market $219,000 Active 146 DOM
24. 2026-10-09
    days on market $219,000 Active 145 DOM
25. 2026-10-07
    days on market $219,000 Active 144 DOM
26. 2026-10-06
    days on market $219,000 Active 143 DOM
27. 2026-10-05
    days on market $219,000 Active 142 DOM
28. 2026-10-04
    days on market $219,000 Active 141 DOM
29. 2026-10-04
    days on market $219,000 Active 140 DOM
30. 2026-10-02
    days on market $219,000 Active 139 DOM
31. 2026-10-01
    days on market $219,000 Active 138 DOM
32. 2026-09-30
    days on market $219,000 Active 137 DOM
33. 2026-09-29
    days on market $219,000 Active 136 DOM
34. 2026-09-28
    days on market $219,000 Active 135 DOM
35. 2026-09-27
    days on market $219,000 Active 134 DOM
36. 2026-09-26
    days on market $219,000 Active 133 DOM
37. 2026-09-25
    days on market $219,000 Active 132 DOM
38. 2026-09-24
    days on market $219,000 Active 131 DOM
39. 2026-09-23
    days on market $219,000 Active 130 DOM
40. 2026-09-22
    days on market $219,000 Active 129 DOM
41. 2026-09-21
    days on market $219,000 Active 128 DOM
42. 2026-09-20
    days on market $219,000 Active 127 DOM
43. 2026-09-19
    days on market $219,000 Active 126 DOM
44. 2026-09-18
    days on market $219,000 Active 125 DOM
45. 2026-09-17
    days on market $219,000 Active 124 DOM
46. 2026-09-16
    days on market $219,000 Active 123 DOM
47. 2026-09-15
    days on market $219,000 Active 122 DOM
48. 2026-09-14
    days on market $219,000 Active 121 DOM
49. 2026-09-13
    days on market $219,000 Active 120 DOM
50. 2026-09-12
    days on market $219,000 Active 119 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast DC · Partial reset (capped growth)

• Current annual tax: $2,139 · $178/mo
• Projected year-2 tax: $2,139 · $178/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $27,222
• − Mortgage interest: −$12,267
• − Property taxes: −$2,139
• − Insurance: −$1,095
• − Repairs & maintenance: −$2,178
• − Management: −$2,178
• − HOA: −$2,100
• − Depreciation: −$6,371
• Taxable loss: −$1,105
• Est. tax savings @ 24.0%: +$265
• After-tax cash flow: $2,656/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $2,265–$6,795 screening

This fully remodeled 1-bedroom condo is in excellent condition with modern finishes and ample natural light. It's located in a highly walkable neighborhood and offers a great contemporary kitchen and living space.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and resale value ↑
• Both Landscaping improvements — Enhances curb appeal and rental value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

Zoned Schools

Elementary Browne Education Campus High Eastern Hs

Schools (NCES district)

• District: District Of Columbia Public Schools
• NCES district ID: 1100030
• Math proficiency: 33% ▲ 3.00%
• Reading proficiency: 40% ▲ 5.00%
• Median HH income: $67,671
• Composite: 35.84/100
• National rank: #9606
• State rank: #8 of 32 in DC

B Composite livability gradescore 73/100

Livability — Washington

• Score: 73/100
• State rank: #1
• US rank: #5327

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing C Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Washington, DC
• County: District of Columbia · 821,926 people
• City population: 671,873
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 72,397
• Household income: $120,337
• Rent vs Own: 61.7% rent · 38.3% own
• Severe rent burden: 8% of renters

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Population outlook (District of Columbia County) Hauer SSP2

• Today (2025): 821,926 people
• By 2030: 899,517 · +9.4%
• By 2040: 1,061,162 · +29.1%
• By 2050: 1,231,493 · +49.8%
• By 2075: 1,603,312 · +95.1%
• By 2100: 1,847,141 · +124.7%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: White 41% Black 40% Two or more races 9% Hispanic / Latino 9% Asian 3%
• Hispanic origin (detail): Mexican 2%
• Languages at home: 87% English-only · Spanish 5% French/Haitian/Cajun 2% Other Indo-European 1%

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Political lean MEDSL · District of Columbia

• 2024 margin: Solid D (+86.1) · D 91.2% · R 5.1% · Other 3.8%
• 2008→2024 swing: +0.1pp no change · 2008: 85.9pp · 2024: 86.1pp
• All cycles: 2024: D+86.1 2020: D+86.8 2016: D+88.7 2012: D+84.2 2008: D+85.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -852.61%
• Current HPI: 396.6033
• Rent YoY: ▼ -3.04%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• State GDP YoY: ▲ 1.33%
• F500 in state: 6

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Industry mix (Fortune 500 HQ in DC)

Industry	F500 HQs	Revenue
▸Financial Services	1	$153B
▸Life Sciences / Industrials	1	$25B
▸Industrial Machinery	1	$8B

Property features AI

Finance

• Other: Above-grade finished area recorded as 453 by assessor
• HOA & community: Monthly condo fee of $175.29HOA self-managed by ownerCondo fee includes gas, lawn maintenance, management, reserves, sewer, trash, and water

Exterior

• Parking: On-street parking
• Utilities: Public waterPublic sewerElectric service
• Home design: Garden-style building (1–4 floors)Unit/flat in the TRINIDAD building
• Construction: Brick constructionEffective year of major remodel 2022
• Exterior features: Condominium ownershipPets allowed on a case-by-case basisIn city limitsEntry on level 1

Interior

• Bedrooms: One bedroom on the main level
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Central heating (electric)Central air conditioning (electric)Electric hot water
• Interior features: No basementLiving area recorded by assessor
• Laundry & utility: Washer/dryer hookup in unit

Price history

-31.6% since first listed

6 events — show timeline

• 2026-05-07 Listed $219,000 BRIGHT MLS
• 2026-05-05 Coming Soon $219,000 BRIGHT MLS
• 2022-05-31 Sold (MLS) $299,000 BRIGHT MLS
• 2022-05-02 Pending — BRIGHT MLS
• 2022-04-14 Price Changed $299,000 BRIGHT MLS
• 2022-03-09 Listed $320,000 BRIGHT MLS

Property tax history

+20.8%/yr

Latest (2025): $2,139 · -6.2% YoY. Source: county tax records.