Remodeled Two-Unit
For Sale
$1,050,000
336 OAKDALE Place NW, Washington, DC 20001
Multi-Family, WASHINGTON, DC
Property Size1,704 SF
Lot Size0.02 Acres
Price / SF$616.20
Days on Market16
Property Features for 336 OAKDALE Place NW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Interior features
Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Galley, Kitchen - Island, Recessed Lighting, Upgraded Countertops
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, WaterHeater
Subdivision
LEDROIT PARK
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
1,704 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
7515
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
private rooftop terrace
Building Details
Year built
1912
Number of units
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Fairfax Realty Select
(703) 533-8660
Listed By:
Theodore J Smith II · License #sp98369626
(248) 343-8680
Added: Aug 14
Changed: Aug 20
Last Checked: Aug 29 at 3:06AM
MLS# DCDC2278570
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 1,704-square-foot Colonial duplex, built in 1912, contains two residential units with matching layouts. Each unit includes two bedrooms, two-and-a-half baths, and a main-level kitchen equipped with stainless steel appliances, upgraded countertops, a center island, and cabinet storage. Private baths serve the bedrooms, while each unit also has a main-floor half bath. Unit B adds a private rooftop terrace. Central heating and central air conditioning serve the property, and the brick exterior complements its traditional design.
The property is located in Washington, DC's LeDroit Park/Shaw area near Howard University, Howard University Hospital, and Washington Hospital Center. Nearby amenities include shopping, dining, entertainment, and Metro access. On-street parking is available.
The property is located in Washington, DC's LeDroit Park/Shaw area near Howard University, Howard University Hospital, and Washington Hospital Center. Nearby amenities include shopping, dining, entertainment, and Metro access. On-street parking is available.
Key Highlights
- Two‑unit duplex with 1,704 square feet of interior space
- Each unit includes 2 bedrooms and 2.5 baths
- Upgraded kitchens feature stainless steel appliances, center islands, and enhanced countertops
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
$30,531
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
2.91%
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%
$610,620
$610.6K
Cap Rate 7%
$436,157
$436.2K
Cap Rate 9%
$339,233
$339.2K
Market Conditions
NOI Build-Up for 1,704 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
$46.0K $27.00/SF
− Vacancy
−$2.4K −$1.40/SF
EGI
$43.6K $25.60/SF
− OpEx
−$13.1K −$7.68/SF
NOI
$30.5K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /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%
$610,620
Cap Rate 7%
$436,157
Cap Rate 9%
$339,233
Alternative Uses
Best Use
Multifamily LT 5
$436.2K
$381.6K – $508.9K
NOI $30,531 @ 7.0% cap · market cap 2.91%
Second Best
Apartment 5plus
$404.5K
$353.9K – $471.9K
NOI $28,313 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$876.5K
$766.9K – $1.02M
NOI $61,354 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,452
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
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 - Two residential units offer upgraded kitchens, private bedroom baths, and a rooftop terrace at one unit.
Where is this duplex located?
The property is located at 336 OAKDALE Place NW Washington, DC.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,704 square feet of interior space; Each unit includes 2 bedrooms and 2.5 baths; Upgraded kitchens feature stainless steel appliances, center islands, and enhanced countertops
