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2228 40th St NW APT 2, Washington, DC, 20007

1beds
1baths
701sqft
$325,000
$464price/sqft
$1,956/moest. monthly cost
$78,240/yrincome needed

About This Home

Skip the dorm fees and invest in ownership. This beautifully updated 1-bedroom, 1-bath condominium with a versatile sunroom offers a rare opportunity for students, parents, medical residents, professionals, and investors seeking an ideal location in one of Washington, DC's most desirable neighborhoods. The flexible sunroom functions perfectly as a home office, study area, guest space, den, or potential second sleeping area (NTC), giving this home exceptional adaptability and value. Nestled on a quiet, tree-lined street in Glover Park, this residence is just minutes from Georgetown University, American University, and MedStar Georgetown University Hospital. With the new academic year approaching, this property presents an attractive alternative to expensive dorm housing or short-term rentals, offering the opportunity to build equity while enjoying the convenience of city living. Whole Foods, Trader Joe's, neighborhood cafés, restaurants, parks, and everyday essentials are all within easy reach. Inside, you'll find a bright and welcoming floor plan featuring hardwood oak floors, Cambria quartz countertops, recessed lighting throughout, an in-unit washer and dryer, and a high-efficiency Navien tankless water heater that provides endless hot water. Two new Friedrich Wi-Fi-enabled air conditioning units offer year-round comfort with convenient remote control access. Enjoy your own private deck, the perfect spot for morning coffee, outdoor dining, or unwinding after a long day. Residents also have access to a beautifully landscaped shared terrace and garden featuring a fire pit, picnic area, and inviting outdoor spaces for entertaining or quiet relaxation. Additional highlights: low condo fees, and a cat-friendly community. Outdoor enthusiasts will love being just steps from Glover-Archbold Park, with miles of scenic trails, wooded paths, streams, and community gardens. Seasonal beauty surrounds the home, from vibrant autumn colors to the stunning spring blossoms of the property's weeping cherry tree. Distinctive neighborhood touches include the sounds of the National Cathedral bells and the evening trumpet call from the nearby U.S. Naval Observatory. What truly distinguishes this property is its exceptional long-term value and rental appeal. The flexible layout and proximity to major universities, hospitals, and employment centers create strong demand from students, faculty, medical professionals, and renters alike. Whether you're purchasing for a student, seeking a peaceful city retreat, buying your first home, downsizing, or expanding your investment portfolio, this versatile Glover Park residence offers a unique combination of lifestyle, location, and opportunity.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
61
BikeBikeable

Schools

9/10
9/10
Hardy Middle SchoolGrades 6-80.6 mi
5/10
MacArthur High SchoolGrades 9-100.9 mi

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Disposal,Exhaust Fan,Instant Hot Water,Refrigerator,Stainless Steel Appliance(s),Cooktop,Washer/Dryer Stacked,Tankless Water Heater
  • Laundry features: Dryer In Unit,Washer In Unit,In Unit

Bathroom1

  • Level: Main

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Den

  • Level: Main

Features

  • Bathroom - Walk-In Shower
  • Door features: Six Panel
  • Window features: Energy Efficient,Skylight(s)
  • Flooring: Engineered Wood,Ceramic Tile
  • Finished area below ground: 0
  • Finished area above ground: 701

Heating & Cooling

  • Heating features: Radiator,Other
  • Cooling features: Wall Unit(s),Electric

Interior Area

  • Total structure area: 701
  • Total interior livable area: 701 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Electrical and Environmental Controls,Doors - Swing In

Details

  • Parcel number: 1317//2010
  • Attached to another structure: Yes
  • Zoning: CONDO
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Terrace
  • Exterior features: Lighting,Sidewalks

Lot

  • Features: Unknown Soil Type

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across District of Columbia Counties

Other

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$33$396
Property Taxes $222$2,664
Electricity $58$697
Total$1,956$23,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,062/yr
40% on housing$58,680/yr
45% on housing$52,160/yr

District of Columbia FAIR Plan Programs

District of Columbia Property Insurance Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.4%
7.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$464This listing

vs Other Active Listings

Avg $/sqft

ZIP 20007$846
District of Columbia$599

vs Homes Sold Last Month

Median $/sqft

ZIP 20007$637
District of Columbia$394

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-15Listing removed$2,750
2026-08-14Listed for rent$2,750
2026-07-19Listed for sale$325,000
2026-01-19Listing removed$2,750
2026-01-02Listed for rent$2,750
2025-07-28Listing removed$2,850
2025-05-17Price change$2,850
2025-03-14Listed for rent$2,800
2025-01-19Listing removed$2,800
2024-12-29Listed for rent$2,800
2024-12-20Listing removed$2,800
2024-12-08Listed for rent$2,800
2024-11-23Listing removed$2,800
2024-11-13Listed for rent$2,800
2024-11-06Listing removed$2,800
2024-10-18Price change$2,800
2024-09-24Listed for rent$2,900
2024-09-13Listing removed$2,900
2024-09-06Price change$2,900
2023-12-15Listed for rent$2,800
2023-11-29Listing removed--
2023-10-20Price change$2,800
2023-10-06Listed for rent$2,750
2023-09-18Listing removed--
2023-05-04Listed for rent$2,750

For Sale by Agent

AgentTracy Trammel
BrokerageMetro City Realty

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