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Listed by Jeff Bonilla • EXP Realty, LLC

$199,000

Est. payment - /mo

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1 Bath

411 SqFt

Price Dropped by $20K

1440 N ST NW #205 Washington, DC 20005

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DC Homes Guide

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Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 411 sqft

Price per Sqft $484

Subdivision Old City #1

MLS Listing ID DCDC2262112

Style Unit/Flat

Full Baths 1

Condo Fees $664/mo

HOA Y/N N

Abv Grd Liv Area 411

Year Built 1964

Annual Tax Amount $1,637

Tax Year 2025

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

INCREDIBLE VALUE UNDER $200K IN LOGAN CIRCLE! (INVESTOR-FRIENDLY) Now priced at just $199,000, this bright and efficient studio in the highly sought-after Towne Terrace West building offers the ultimate affordable entry into one of DC's most vibrant neighborhoods. Perfect for a first-time buyer looking to stop paying rent, a pied-à-terre, or a savvy investor seeking a high-yield asset with strong rental demand.

Why you'll love it:

All-Inclusive Living: The condo fee completely covers all utilities (gas, water, electricity, and A/C).

Premium Building Perks: Enjoy a pristine rooftop community pool with panoramic city views, a 24-hour concierge front desk, secure entry, and laundry facilities in the building.

Unbeatable Location: Boasting a near-perfect walk score, you are steps from the 14th Street Corridor, Whole Foods, elite dining (Le Diplomate), and multiple Metro lines (McPherson Sq & Dupont Circle).

Convenience: On-site rental parking is available through the building, and the community is highly pet-friendly.

At $199k, this is a rare, smart investment in the heart of the District. Why rent when you can own? Schedule your tour today!

Financing note: recent Fannie Mae/Freddie Mac policy changes have eliminated the 50% investor-ownership restriction that previously limited financing options in buildings like this one — second-home and investment buyers now have a clear path to conventional financing. With stricter condo review rules taking effect August 3, 2026, buyers who act now may benefit from a smoother, faster financing process. Don't miss this rare combination of location, low-maintenance living, and immediate financing clarity.

Location

State DC

County Washington

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Wall Unit

Cooling Wall Unit

Equipment Built-In Microwave, Refrigerator, Stove

Fireplace N

Appliance Built-In Microwave, Refrigerator, Stove

Heat Source Natural Gas

Exterior

Amenities Available Concierge, Common Grounds, Pool - Rooftop

Water Access N

Accessibility Elevator

Garage N

Private Pool Yes

Building

Story 1

Unit Features Hi-Rise 9+ Floors

Above Ground Finished SqFt 411

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed Y

HOA Fee Include Water,Heat,Electricity,Gas

Senior Community No

Tax ID 0212//2229

Ownership Condominium

SqFt Source 411

Special Listing Condition Standard

Pets Allowed Case by Case Basis

NEARBY SCHOOL & BUSINESS

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1440 N ST NW #205 Washington, DC 20005

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Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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1440 N ST NW #205