Duplex with Private
New
For Sale
$839,000
1014 6TH STREET NE, Washington, DC 20002
Each residence has two bedrooms, one bathroom, and its own utility meter.
Property Size2,404 SF
Price / SF$349
Days on Market3
Property Features for 1014 6TH STREET NE
General Information
Standard status
Active
Size
2,404 SF
Property subtype
Duplex
Occupancy
50%
Site & Location
Neighborhood
Ft. Washington
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Samson Properties
(202) 938-0228
Listed By:
ivory frimpong
(703) 772-6365
Source:
Cummingsrealtors
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 1:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samson Properties
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Investment Insights
Based on property information with market context.
This renovated duplex contains more than 2,400 square feet across two residences, each arranged with two bedrooms and one bathroom. Interior improvements include luxury vinyl plank flooring, updated bathrooms, and new appliances. Separate utility meters and individual front and rear entrances serve the units. The building dates to 1900, and both residences are scheduled to be vacant at settlement.
The property is in Northeast Washington, DC, between Union Market and the H Street Corridor. Union Market and the H Street Corridor are about a five-minute walk away; Gallaudet University is an eight-minute walk, and the NoMa-Gallaudet U Metro station is a ten-minute walk. Old City Market and Oven is nearby, while Capitol Hill is approximately one mile away. The property has a 96 Walk Score.
The property is in Northeast Washington, DC, between Union Market and the H Street Corridor. Union Market and the H Street Corridor are about a five-minute walk away; Gallaudet University is an eight-minute walk, and the NoMa-Gallaudet U Metro station is a ten-minute walk. Old City Market and Oven is nearby, while Capitol Hill is approximately one mile away. The property has a 96 Walk Score.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- More than 2,400 square feet of living space
- Renovated interiors with new appliances and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,799
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,980
$916.0K
Cap Rate 7%
$654,271
$654.3K
Cap Rate 9%
$508,878
$508.9K
Market Conditions
NOI Build-Up for 2,404 SF
Gross rent
$69.2K $28.80/SF
− Vacancy
−$3.8K −$1.58/SF
EGI
$65.4K $27.22/SF
− OpEx
−$19.6K −$8.16/SF
NOI
$45.8K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,980
Cap Rate 7%
$654,271
Cap Rate 9%
$508,878
Alternative Uses
Best Use
Multifamily LT 5
$654.3K
$572.5K – $763.3K
NOI $45,799 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$584.7K
$511.6K – $682.1K
NOI $40,927 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,883 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,958
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one bathroom, and its own utility meter.
Where is this duplex located?
The property is located at 1014 6TH STREET NE Washington, DC.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; More than 2,400 square feet of living space; Renovated interiors with new appliances and luxury vinyl plank flooring
