Renovated Duplex Cottage with Privacy
For Sale
$500,000
3206 LOUD Place SE, Washington, DC 20019
MULTI_FAMILY - Cottage - WASHINGTON, DC
Property Size1,229 SF
Lot Size0.15 Acres
Price / SF$406.83
Days on Market59
Property Features for 3206 LOUD Place SE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Subdivision
HILL CREST
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Size
1,229 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
2807
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1925
Number of units
2
Building materials
Aluminum Siding
Architectural style
Cottage
Listing Agency:
Keller Williams Preferred Properties · Keller Williams Realty
(240) 737-5000
Listed By:
Samantha Johnson · License #SP200201489
(301) 377-1530
Added: Jun 17
Changed: Jul 31
Last Checked: Aug 14 at 3:06PM
MLS# DCDC2267832
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.
3206 Loud Place SE in Washington, DC is a renovated duplex cottage built in 1925 and finished with aluminum siding. The home is configured with one bedroom and one full bath on the top level, and one bedroom and one full bath on the lower level. Heating is provided by “Other (Heating)” and cooling is via window unit(s).
Outside, the property offers both a side yard and a backyard enclosed by a privacy fence. Secure storage under the home is included, reducing the need for bulky sheds. Parking is described as on-street, with a possibility for additional private parking in the rear.
Set on a 0.15-acre lot with 1,229 square feet of space, the location places Fort Dupont Park nearly in the backyard, with access to nearby hiking trails and green space. The home also offers easy access to major D.C. roads and a quick drive to I-295, and it is about 10 minutes from Capitol Hill, Anacostia, and Navy Yard. It is within walking distance to the new Joy Evans Therapeutic Recreation Center, which features a therapeutic pool, gym, fitness center, sensory room, and playgrounds.
Outside, the property offers both a side yard and a backyard enclosed by a privacy fence. Secure storage under the home is included, reducing the need for bulky sheds. Parking is described as on-street, with a possibility for additional private parking in the rear.
Set on a 0.15-acre lot with 1,229 square feet of space, the location places Fort Dupont Park nearly in the backyard, with access to nearby hiking trails and green space. The home also offers easy access to major D.C. roads and a quick drive to I-295, and it is about 10 minutes from Capitol Hill, Anacostia, and Navy Yard. It is within walking distance to the new Joy Evans Therapeutic Recreation Center, which features a therapeutic pool, gym, fitness center, sensory room, and playgrounds.
Key Highlights
- Renovated duplex cottage with one bedroom and one full bath on the top level
- One bedroom and one full bath on the lower level for flexible occupancy or rental use
- 0.15‑acre lot and 1,229 square feet total
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,725
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$474,500
$474.5K
Cap Rate 7%
$338,929
$338.9K
Cap Rate 9%
$263,611
$263.6K
Market Conditions
NOI Build-Up for 1,229 SF
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.
Gross rent
$36.1K $29.40/SF
− Vacancy
−$2.2K −$1.82/SF
EGI
$33.9K $27.58/SF
− OpEx
−$10.2K −$8.27/SF
NOI
$23.7K $19.30/SF
Area
ZIP 20019
Vacancy
6.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$474,500
Cap Rate 7%
$338,929
Cap Rate 9%
$263,611
Alternative Uses
Best Use
Multifamily LT 5
$338.9K
$296.6K – $395.4K
NOI $23,725 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$302.8K
$265.0K – $353.3K
NOI $21,197 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$660.4K
$577.9K – $770.5K
NOI $46,231 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex cottage with two 1-bedroom, 1-bath levels, enclosed side and backyard space, and secure storage under the home.
Where is this duplex located?
The property is located at 3206 LOUD Place SE Washington, DC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Renovated duplex cottage with one bedroom and one full bath on the top level; One bedroom and one full bath on the lower level for flexible occupancy or rental use; 0.15‑acre lot and 1,229 square feet total
