Modern Duplex Townhome in
2503 BURNS Street SE, Washington, DC 20020
MULTI_FAMILY - Contemporary - WASHINGTON, DC
Property size:
2,591 SFLot size:
0.03 AcresPrice / SF:
$347/SF- Added:
- Mar 19, 2026
- Days on Market:
- 72
- Last Refresh:
- May 29 at 9:06 pm
Property Features for 2503 BURNS Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,591 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6637
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2022
- Number of units
- 2
- Building materials
- Combination, Composition, Frame, Mixed
- Architectural style
- Contemporary
Listing agent Lee Gochman (631) 356-4276
Listing office Keller Williams Capital Properties 519 C Street, WASHINGTON, DC (202) 243-7700
Listing date Mar 19, 2026
MLS# DCDC2232818
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 independent units (duplex) ideal for rental income, multi‑generational living, or flexible use with no condo/HOA fees.
- Rare rooftop deck with sweeping DC skyline views (upper unit).
- High‑end finishes throughout, including quartz countertops, stainless‑steel appliances, and engineered hardwood floors.
- Rent‑control exempt and located 1 mile from Potomac Ave Metro.
- Newly built in 2023 (YearBuilt 2022), totaling nearly 2,400 sq ft and move‑in ready.
- Located in a rapidly growing Southeast DC neighborhood near Navy Yard, Capitol Hill, and the upcoming Commanders Stadium.
Overview
Built in 2023, this modern duplex townhome offers two independent units without condo or HOA fees. The property is suitable for flexible living arrangements, generating rental income, or multi-generational occupancy. The lower unit includes 2 bedrooms, 2 baths, and private backyard access. The upper unit features 3 bedrooms, 3 baths, three finished levels, and a rooftop deck that offers views of the DC skyline. The property features quartz countertops, stainless-steel appliances, engineered hardwood floors, recessed lighting, and efficient mechanical systems. The total area of both units is nearly 2,400 square feet. One space in the lower unit allows for light flooring and bathroom customization. The rest of the home is finished and move-in ready. The property is exempt from rent control and is located 1 mile from the Potomac Ave Metro station, providing access to Navy Yard, Capitol Hill, and major redevelopment projects, including the upcoming Commanders Stadium. The lot size is 0.0346 acres. The property is located in Southeast DC. The total property size is 2,591 square feet.
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 | $70.0k | $27.00 |
| − Vacancy | −$4.5k | −$1.76 |
| EGI | $65.4k | $25.25 |
| − OpEx | −$19.6k | −$7.57 |
| NOI | $45.8k | $17.67 |
2,591 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$654.1K
$572.3K – $763.1K
NOI $45,787 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$584.3K
$511.3K – $681.7K
NOI $40,903 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,642 @ 7.0% cap · market cap 10.41%
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
- -76.97081775
- Latitude
- 38.87486571
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - New 2023 duplex with rental income potential, near Potomac Ave.
Where is this duplex located?
The property is located at 2503 BURNS Street SE Washington, DC.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two independent units (duplex) ideal for rental income, multi‑generational living, or flexible use with no condo/HOA fees.; Rare rooftop deck with sweeping DC skyline views (upper unit).; High‑end finishes throughout, including quartz countertops, stainless‑steel appliances, and engineered hardwood floors.
