Three-Unit Triplex
310 K Street NE Washington, DC 20002
For Sale
$1,350,000
MULTI_FAMILY - Federal - WASHINGTON, DC
Property Size2,116 SF
Lot Size0.05 Acres
Price / SF$637
Days on Market9
Property Features for 310 K Street NE
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
On Street
Standard status
Active
Size
2,116 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8143
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
1910
Number of units
3
Building materials
Brick
Architectural style
Federal
Listing Agency:
EXP Realty, LLC
(833) 335-7433
Listed By:
Stefan Rahimian
(703) 860-4357
Added: Jul 22
Changed: Jul 24
Last Checked: Jul 30 at 5:06AM
MLS# DCDC2272744
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.
This three-unit triplex is offered as-is and features three separate residential units, providing multiple income possibilities within one multifamily property. The building totals 2,116 square feet and sits on a 0.0499-acre lot.
Located at 310 K Street NE in Washington, DC (20002), the property is described as being just minutes from Union Market, NoMa, and the H Street Corridor. The surrounding area is characterized by access to dining, local breweries, boutique shopping, entertainment, and Metro, with proximity to Union Station and downtown Washington referenced in the offering.
For investors, developers, or owner-occupants, the property’s three-unit configuration offers flexibility for long-term rentals and other value-aligned strategies. As presented, it is ready for its next chapter on a compact urban site.
Located at 310 K Street NE in Washington, DC (20002), the property is described as being just minutes from Union Market, NoMa, and the H Street Corridor. The surrounding area is characterized by access to dining, local breweries, boutique shopping, entertainment, and Metro, with proximity to Union Station and downtown Washington referenced in the offering.
For investors, developers, or owner-occupants, the property’s three-unit configuration offers flexibility for long-term rentals and other value-aligned strategies. As presented, it is ready for its next chapter on a compact urban site.
Key Highlights
- Three‑unit multifamily (triplex) offered as‑is
- Brick construction and Federal architectural style
- Central air cooling and hot water heating
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 | $60.9k | $28.80 |
| − Vacancy | −$3.4k | −$1.58 |
| EGI | $57.6k | $27.22 |
| − OpEx | −$17.3k | −$8.16 |
| NOI | $40.3k | $19.05 |
2,116 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$575.9K
$503.9K – $671.9K
NOI $40,312 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$514.6K
$450.3K – $600.4K
NOI $36,024 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$1.09M
$955.9K – $1.27M
NOI $76,475 @ 7.0% cap · market cap 5.66%
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?
Triplex - Three separate residential units offered as-is, totaling 2,116 square feet on a 0.0499-acre lot.
Where is this triplex located?
The property is located at 310 K Street NE Washington, DC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three‑unit multifamily (triplex) offered as‑is; Brick construction and Federal architectural style; Central air cooling and hot water heating
