Modern Duplex Townhome in
2503 BURNS Street SE Washington, DC 20020
For Sale
$899,900
MULTI_FAMILY - Contemporary - WASHINGTON, DC
Property Size2,591 SF
Lot Size0.03 Acres
Price / SF$347.32
Days on Market134
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 Agency:
Keller Williams Capital Properties
(202) 243-7700
Listed By:
Lee Gochman
(631) 356-4276
Added: Mar 19
Changed: Jun 9
Last Checked: Jul 30 at 9:06AM
MLS# DCDC2232818
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.
Investment Insights
Based on property information with market context.
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.
Key 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.
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
