Renovated Duplex with Fenced
For Sale
$745,000
3511 MARTIN LUTHER KING JR Avenue SE, Washington, DC 20032
Multi-Family, WASHINGTON, DC
Property Size2,464 SF
Lot Size0.15 Acres
Price / SF$302.35
Days on Market16
Property Features for 3511 MARTIN LUTHER KING JR Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
Subdivision
CONGRESS HEIGHTS
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
2,464 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
4676
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
front porch
large front deck
enclosed rear bonus porches
private backyard
fully fenced lot
Building Details
Year built
1932
Number of units
2
Building materials
Brick, Concrete
Architectural style
Other
Listing Agency:
RE/MAX Allegiance · RE/MAX International
(202) 547-5600
Listed By:
Ressie R Wallace Wilson · License #SPI01315
(202) 359-9641
Added: Sep 21
Changed: Oct 1
Last Checked: Oct 6 at 7:06AM
MLS# DCDC2284376
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 detached duplex contains two independent units within a four-sided brick and concrete residence built in 1932. The property offers 2,464 square feet on a 0.1516-acre, level lot with a fenced backyard, front porch, large front deck, and enclosed rear bonus porches with separate exterior entrances. Renovations include hardwood flooring, updated bathrooms, quartz countertops, LG appliances, new windows, a new roof, electrical service and wiring, plumbing, structural components, fireproofing between floors, soundproofing between units, and a sprinkler system. Heating and cooling are provided by central systems, with a tankless water heater and Goodman gas furnace and condenser also installed. A Certificate of Occupancy and permitted improvements are in place.
The property is on Martin Luther King Jr. Avenue SE near Congress Heights Metro, JBAB, I-295, I-95, National Harbor, dining, shopping, entertainment, and major employment centers. On-street parking is provided.
The property is on Martin Luther King Jr. Avenue SE near Congress Heights Metro, JBAB, I-295, I-95, National Harbor, dining, shopping, entertainment, and major employment centers. On-street parking is provided.
Key Highlights
- Two independent units in a detached duplex
- 2,464 square feet on a 0.1516‑acre level lot
- Renovated with new roof, windows, electrical, plumbing, and structural components
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,148
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,960
$883.0K
Cap Rate 7%
$630,686
$630.7K
Cap Rate 9%
$490,533
$490.5K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$66.5K $27.00/SF
− Vacancy
−$3.5K −$1.40/SF
EGI
$63.1K $25.60/SF
− OpEx
−$18.9K −$7.68/SF
NOI
$44.1K $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 Rate 5%
$882,960
Cap Rate 7%
$630,686
Cap Rate 9%
$490,533
Alternative Uses
Best Use
Multifamily LT 5
$630.7K
$551.9K – $735.8K
NOI $44,148 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$584.9K
$511.8K – $682.4K
NOI $40,941 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,718 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Detached two-unit residence with independent living spaces, updated systems, outdoor areas, and permitted improvements.
Where is this duplex located?
The property is located at 3511 MARTIN LUTHER KING JR Avenue SE Washington, DC.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Two independent units in a detached duplex; 2,464 square feet on a 0.1516‑acre level lot; Renovated with new roof, windows, electrical, plumbing, and structural components
