Victorian Duplex with Rear
For Sale
$1,300,000
3517 10TH Street NW, Washington, DC 20010
MULTI_FAMILY - Other - WASHINGTON, DC
Property Size3,304 SF
Lot Size0.04 Acres
Price / SF$393.46
Days on Market13
Property Features for 3517 10TH Street NW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Off Street, On Street
Subdivision
COLUMBIA 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
3,304 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
10622
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
washer/dryer
Building Details
Year built
1909
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(866) 825-7169
Listed By:
LaLea D Swann
(301) 332-4059
Added: Aug 17
Last Checked: Aug 29 at 7:06AM
MLS# DCDC2278806
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 1909 brick Victorian duplex contains 3,304 square feet and is arranged as two registered units across four levels. Each residence includes an updated kitchen with stainless steel appliances, granite countertops, shaker-style cabinetry, and a center island. Both layouts provide living and dining areas, two bedrooms, and multiple full baths, with laundry facilities included. Central heating and central air serve the property.
The lot measures 0.0352 acres, and a two-car rear parking pad supplements off-street and on-street parking. The property is located at 3517 10TH Street NW in Washington, DC 20010, near shopping, restaurants, Metro, Howard University, and Columbia Heights amenities. The configuration supports continued two-unit use or conversion to a single-family residence.
The lot measures 0.0352 acres, and a two-car rear parking pad supplements off-street and on-street parking. The property is located at 3517 10TH Street NW in Washington, DC 20010, near shopping, restaurants, Metro, Howard University, and Columbia Heights amenities. The configuration supports continued two-unit use or conversion to a single-family residence.
Key Highlights
- Registered two‑unit duplex at 3517 10TH Street NW, Washington, DC 20010
- 3,304 square feet on a 0.0352‑acre lot
- 1909 brick Victorian construction
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
$59,198
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
4.55%
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%
$1,183,960
$1.2M
Cap Rate 7%
$845,686
$845.7K
Cap Rate 9%
$657,756
$657.8K
Market Conditions
NOI Build-Up for 3,304 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
$89.2K $27.00/SF
− Vacancy
−$4.6K −$1.40/SF
EGI
$84.6K $25.60/SF
− OpEx
−$25.4K −$7.68/SF
NOI
$59.2K $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%
$1,183,960
Cap Rate 7%
$845,686
Cap Rate 9%
$657,756
Alternative Uses
Best Use
Multifamily LT 5
$845.7K
$740.0K – $986.6K
NOI $59,198 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$784.3K
$686.2K – $915.0K
NOI $54,898 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,963 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,150
Businesses Nearby
Explore this area
Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
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 registered units offer flexible occupancy options, updated kitchens, private baths, and city parking.
Where is this duplex located?
The property is located at 3517 10TH Street NW Washington, DC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Registered two‑unit duplex at 3517 10TH Street NW, Washington, DC 20010; 3,304 square feet on a 0.0352‑acre lot; 1909 brick Victorian construction
