American University College Condos
AU Park Homes
Thinking about an American University home for your 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
“Friendship” to AU
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.
American University Park features architectural styles that include Colonial, Craftsman, and Tudor Revival. The Burrows farmhouse, located near what is today the corner of 45th and Ellicott, survived all the subdivisions and commercial development, and in 1924 was relocated to 4624 Verplanck Street, where it sits today. Other surviving farmhouses are 4716 48th Street and 4308 46th Street.
Key Details
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Neighborhood Activity
Families, students, and long-time residents share the quiet, tree-lined streets of this DC urbanburb primarily comprised of pricey 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.
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Lifestyle
AU Park is a peaceful bedroom community of interconnected center hall Colonials and bungalows promotes a friendly ‘chat over the shrubs’ kind of neighborhood atmosphere. 100% walkable and walking distance to Tenleytown Metro station, restaurants and shops along Massachusetts Ave and Wisconsin Ave., Wegman’s, Wagshals and Whole Foods. With the exception of CityLine at Tenley condominium, housing in AU Park, Wesley Heights and Spring Valley is not well-suited for students, who should look to nearby Tenleytown, Friendship Heights, Cathedral Heights, Cleveland Park and McLean Gardens unless investment in a detached single family home to share with other students is contemplated.
Au Park Real Estate Market
American University Park housing stock is primarily comprised of expensive single family homes, with few options for university students, save the CityLine at Tenley condominium. Satellite neighborhoods are the best choice for College Condos & rowhouses. With two Metro stations, major retail and transportation lines nearby, the neighborhoods of Tenley, Friendship Heights, Cathedral Heights, McLean Gardens and Cleveland Park are recommended, however purchase of an AU Park home as a long-term ‘shared’ rental for students has good investment potential. The average apartment rent for a studio to 2 bedroom unit at City Ridge is $2,340 – $9834 per month, and $8,467 to $10,120. per month for a 3 bedroom apartment. Why rent when you can buy, enjoy greater freedom, get a tax deduction and build equity for less each month?
Condos & Towns Nearby
About AU Park Homes
Single Family Detached Home Benefits
- Higher resale value than rowhouses on average
- Larger lots
- No common walls, roofs
- More flexibility to expand
- Side windows, wider interior living spaces
- Greater equity build over time on average
Attached SFH
Click the pin to view AU Park homes
Average Price
AU Park Homes- Prices for rowhouses 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 recently the home of the Swedish Ambassador.
AU Park Alternatives
Still convenient to AU Park:
- Tenleytown
- Friendship Heights
- McLean Gardens
- Chevy Chase DC
- Cathedral Heights
- Cleveland Park
These neighborhoods offer affordable options for students buying condominiums and fee simple homes.
Simplify your college student's home selection
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 know that parents have particular concerns about safety and ROI. Take advantage of our experience and let us acquaint you and your student with the DC real estate market.