Modernized Three-Unit
For Sale
$450,000
107 JOLIET Street SW, Washington, DC 20032
Multi-Family, WASHINGTON, DC
Property Size1,940 SF
Lot Size0.13 Acres
Price / SF$231.96
Days on Market107
Property Features for 107 JOLIET Street SW
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
Driveway, Off Street
Interior features
Floor Plan - Open, Kitchen - Galley
Appliances
Oven/Range - Gas, Refrigerator, WaterHeater
High school
BALLOU SENIOR
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
1,940 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
3123
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1953
Number of units
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
RE/MAX United Real Estate · RE/MAX International
(301) 702-4200
Listed By:
John L Lesniewski · License #PB98368995
(301) 908-8438
Added: Jun 22
Changed: Sep 16
Last Checked: Oct 6 at 5:06AM
MLS# DCDC2269328
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 1,940-square-foot semi-detached triplex contains three residential units within a brick Colonial structure built in 1953. Units A and B feature open living and dining areas, eat-in kitchens, bedrooms, and renovated full bathrooms. Their kitchens include quartz countertops, ceramic tile backsplashes, new cabinetry, updated flooring, and upgraded lighting. Unit C occupies the finished walk-up lower level and includes a recreation room, kitchen, bedroom, full bathroom, side entrance, and mechanical room.
The property includes a one-year-old roof, separately metered utilities, forced-air heating, central air, gas cooking, and off-street parking with a driveway. Located at 107 Joliet Street SW in Washington, DC, the 0.134-acre property is near shopping, dining, entertainment, and major commuter routes.
The property includes a one-year-old roof, separately metered utilities, forced-air heating, central air, gas cooking, and off-street parking with a driveway. Located at 107 Joliet Street SW in Washington, DC, the 0.134-acre property is near shopping, dining, entertainment, and major commuter routes.
Key Highlights
- Three‑unit multifamily property at 107 Joliet Street SW, Washington, DC 20032
- 1,940 square feet on a 0.134‑acre lot
- Unit C is a finished walk‑up lower‑level apartment with recreation room, bedroom, kitchen, and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,759
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,180
$695.2K
Cap Rate 7%
$496,557
$496.6K
Cap Rate 9%
$386,211
$386.2K
Market Conditions
NOI Build-Up for 1,940 SF
Gross rent
$52.4K $27.00/SF
− Vacancy
−$2.7K −$1.40/SF
EGI
$49.7K $25.60/SF
− OpEx
−$14.9K −$7.68/SF
NOI
$34.8K $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%
$695,180
Cap Rate 7%
$496,557
Cap Rate 9%
$386,211
Alternative Uses
Best Use
Multifamily LT 5
$496.6K
$434.5K – $579.3K
NOI $34,759 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$460.5K
$402.9K – $537.2K
NOI $32,234 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$997.9K
$873.1K – $1.16M
NOI $69,851 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
717
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Semi-detached brick triplex with updated interiors, separately metered utilities, and a finished lower-level apartment.
Where is this triplex located?
The property is located at 107 JOLIET Street SW Washington, DC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑unit multifamily property at 107 Joliet Street SW, Washington, DC 20032; 1,940 square feet on a 0.134‑acre lot; Unit C is a finished walk‑up lower‑level apartment with recreation room, bedroom, kitchen, and full bath
