Renovated Two-Unit Residential Income
1334 28TH Street SE, Washington, DC 20020
New
MULTI_FAMILY - Colonial - WASHINGTON, DC
Property size:
1,760 SFLot size:
0.07 AcresPrice / SF:
$340/SF- Added:
- Jun 18, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 21 at 3:06 pm
Property Features for 1334 28TH Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room, Basement
- Parking features
- Assigned, On Street
- Interior features
- Additional Stairway, Attic, Bathroom - Tub Shower, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Galley
- Appliances
- Washer/Dryer Stacked, Exhaust Fan, Oven/Range - Gas, Refrigerator, Built-In Microwave, Microwave, Stainless Steel Appliances, Washer, WaterHeater, Dryer
- Standard status
- Active
- Size
- 1,760 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3614
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1939
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Angel S. Saules (240) 342-6435
Listing office Keller Williams Preferred Properties 1441 McCormick Drive unit: 1020, Upper Marlboro, DC (240) 737-5000
Listing date Jun 18, 2026
MLS# DCDC2267016
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit Colonial brick building built in 1939—house‑hack by living in one unit and renting the other, or rent both units.
- Each unit includes a full kitchen with stainless steel appliances and gas range, plus washer/dryer and ceiling fans.
- Central air cooling plus radiator heat, with additional stairway and attic features.
- Basement includes rear walk‑up stair access for potential extra finished space.
- Renovations noted: new bathroom renovations, fresh paint, and restored original hardwood floors.
- Recent major system servicing reported: HVAC, hot water tanks, roof, rear stairwell, brick/mortar, retention wall, and fencing.
Overview
This renovated two-unit residential income property at 1334 28th Street SE offers a turnkey layout designed for flexible living and renting. The building has been refreshed with fresh paint and restored hardwood floors, along with new bathroom renovations. Major systems have recently been serviced, including HVAC, hot water tanks, and the roof, and exterior improvements include the rear stairwell, brick and mortar, retention wall, and fencing. Each unit features a full kitchen with stainless steel appliances and a gas stove, rear access, ample natural lighting, washer/dryer, ceiling fans, central air, and efficient radiator heat. The fenced rear yard provides an outdoor space for day-to-day use. Unit 1 is a 2-bedroom configuration with a living room and table space off the kitchen. Unit 2 includes a 3rd bedroom at the front that can be used as a living room area. The basement includes rear walk-up stair access for potential additional build-out and income opportunities.
Located in Washington, DC 20020, the property is positioned for practical commuting and daily access, with proximity to major commuter routes and public transportation and easy access to the VA. The listing notes convenient connections to the MD/DC line and mentions Anacostia Park and Eastern Market nearby.
Whether you plan to occupy one unit and rent the other or rent both units, the combination of in-unit amenities, serviced systems, and a layout with rear access supports a straightforward leasing setup. With the option to develop the basement further and the property presented as move-in ready, this asset is well-suited for owner-occupants and income-focused buyers seeking a low-effort starting point.
Located in Washington, DC 20020, the property is positioned for practical commuting and daily access, with proximity to major commuter routes and public transportation and easy access to the VA. The listing notes convenient connections to the MD/DC line and mentions Anacostia Park and Eastern Market nearby.
Whether you plan to occupy one unit and rent the other or rent both units, the combination of in-unit amenities, serviced systems, and a layout with rear access supports a straightforward leasing setup. With the option to develop the basement further and the property presented as move-in ready, this asset is well-suited for owner-occupants and income-focused buyers seeking a low-effort starting point.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $27.00 |
| − Vacancy | −$3.1k | −$1.76 |
| EGI | $44.4k | $25.25 |
| − OpEx | −$13.3k | −$7.57 |
| NOI | $31.1k | $17.67 |
1,760 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$444.3K
$388.8K – $518.4K
NOI $31,102 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$396.9K
$347.3K – $463.1K
NOI $27,784 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$908.7K
$795.1K – $1.06M
NOI $63,608 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.96744
- Latitude
- 38.87335
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Renovated two-unit building with in-unit laundry, central air, and rear access, ideal for house-hacking or rental income.
Where is this duplex located?
The property is located at 1334 28TH Street SE Washington, DC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two‑unit Colonial brick building built in 1939—house‑hack by living in one unit and renting the other, or rent both units.; Each unit includes a full kitchen with stainless steel appliances and gas range, plus washer/dryer and ceiling fans.; Central air cooling plus radiator heat, with additional stairway and attic features.
