ISAACS | COMPASS
AMERICAN University college condos
The Isaacs Team | Compass
Graduating the American University is a major milestone in life. So is making your first real estate investment. Combine them to give yourself the best start in adult life.
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NW DC
20005
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AMERICAN U COLLEGE CONDOS
American University Condos, Towns & Rowhouses
Considering a condo, townhome or rowhouse purchase for your American University student? In addition to earning a degree, they’ll build equity, creditworthiness, and take a major step toward financial independence, all while saving money on student housing.
Get To Know American University Park
HISTORY & CULTURE
American University Park has evolved from a 3,124 acre tract named “Friendship” to stalled subdivision and finally an upscale, family-friendly neighborhood. Congress chartered the American University in late 1892, but funding it took thirty years and it wasn’t dedicated until 1914. Most of the university’s camplus is located in today’s Spring Valley and Tenleytown neighborhoods.
The prominent Murdock family built the first house in what became a farming and milling area. Its later residential subdivision was the work of real estate investors Croissant & Stone.
American University Park architectural styles include Queen Anne, Colonial, Craftsman, and Tudor Revival.
AU Park never became a “hot” Washington DC subdivision, but today it is a desirable, upscale neighborhood with steadily rising real estate values and in-demand school pyramid.
AU PARK | KEY DETAILS
Neighborhood Attributes
The quiet, tree-lined streets of this DC urbanburb are primarily comprised of single family homes and Turtle Park. The American University Welcome Center and the Katzen Arts Center anchor the neighborhood’s sw border, while the majority of the university’s buildings lie across its borders in Spring Valley, Tenleytown and Wesley Heights.
Lifestyle
AU Park is a peaceful community of interconnected center-hall Colonials and bungalows with a friendly, ‘chat over the shrubs’ atmosphere. Its 100% walkable and walking distance to Tenleytown Metro station, restaurants and shops along Massachusetts Ave and Wisconsin Ave., Wegman’s, Wagshals and Whole Foods.
AU Park Real Estate Market
With two Metro stations, major retail and transportation lines nearby, the purchase of an AU Park home as a long-term ‘shared’ rental for students has good investment potential.
The average apartment rent for studios to 2 bedroom units at City Ridge is $2,340 – $9,834 per month, and $8,467 to $10,120. per month for a 3 bedroom apartment. Why pay high rent when you can purchase, enjoy the advantages of ownership, including tax deductions and equity build for less each month?
Condos & Towns Near AU Park
Townhomes Near AU Park
Cityline At Tenley
Cathedral Court Condos
McLean Gardens Condos
The Marilyn
Cathedral West Condos
Condos Within 1 Mile of American U
AU Park Attached & Detached Homes
SINGLE FAMILY HOME BENEFITS
- Higher resale value than condos on average for same square footage
- Land value
- Lifestyle & sense of community
- Greater autonomy in updating and maintenance
- No expense for common elements you don’t use
- Freedom to rent long-term & create ADU rental(s)
- Potential for expansion
- Greater equity build over time
ATTACHED & DETACHED SFH | AU PARK
AU PARK HOMES | MEDIAN PRICE
Attached SFH Price Range
$835k-$19M
Deatched SFH Price Range
$949k-$2.875M
Prices for AU Park Single Family Homes range from $835,000. to $19,500,000. Prices vary according to location, dwelling and lot size, age and condition, and parking. The near-20 million dollar estate was the former residence of the Swedish Ambassador.
AU Park Alternatives
CONVENIENT TO AMERICAN UNIVERSITY
- Tenleytown
- Friendship Heights
- Cathedral Heights
- Cleveland Park
- McLean Gardens
- Palisades
- Wesley Heights (between Tunlaw & Mass Avenue)
These neighborhoods offer affordable options for students buying condominiums and fee simple homes.
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WE’VE GOT THIS!
Our decade + of buyer representation includes collaboration with parents of university students searching for Washington DC housing choices that make sense.
We’ve been through it ourselves, so we understand what parents and students want in neighborhood attributes, home features, price points and transportation choices.
We’re aware that parents have particular concerns about everything from their child’s safety to return on investment. Take advantage of our experience and let us acquaint you and your student with the DC real estate market.