Brick Triplex with
For Sale
$639,999
109 WEBSTER Street NE, Washington, DC 20011
Multi-Family, WASHINGTON, DC
Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$319
Days on Market55
Property Features for 109 WEBSTER Street NE
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
On Street, Offsite, Driveway
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
2,000 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3792
Utilities
Heating system
Central
Cooling system
Ductless
Amenities
solar panel system
off-street parking
Building Details
Year built
1953
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
Samson Properties
(202) 938-0228
Listed By:
ivory nana frimpong
(703) 772-6365
Added: Jul 21
Changed: Sep 13
Last Checked: Sep 13 at 9:06AM
MLS# DCDC2274554
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 2,000-square-foot brick triplex, built in 1953, includes two oversized one-bedroom, one-bath residences and a third unit that is approximately 70% complete. The unfinished unit has framing, mechanical, plumbing, electrical, and sprinkler work in place, with kitchen cabinets, a bathtub, and ductless mini-split units included for completion. Unit 2 is leased, while Unit 1 can accommodate either an owner-occupant or another rental arrangement. Central heating, ductless cooling, and driveway, off-street, and on-street parking are among the property features.
The property occupies 0.051 acres in Brookland, approximately one mile from Brookland Metro Station and near The Catholic University of America. Trader Joe’s, Starbucks, Monroe Street Market, the Metropolitan Branch Trail, neighborhood restaurants, and retail are also located nearby.
The property occupies 0.051 acres in Brookland, approximately one mile from Brookland Metro Station and near The Catholic University of America. Trader Joe’s, Starbucks, Monroe Street Market, the Metropolitan Branch Trail, neighborhood restaurants, and retail are also located nearby.
Key Highlights
- 3‑unit brick multifamily property totaling 2,000 square feet
- Unit 3 is approximately 70% complete with major systems installed
- Two oversized 1‑bedroom, 1‑bath residences
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
$35,834
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
5.60%
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%
$716,680
$716.7K
Cap Rate 7%
$511,914
$511.9K
Cap Rate 9%
$398,156
$398.2K
Market Conditions
NOI Build-Up for 2,000 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
$54.0K $27.00/SF
− Vacancy
−$2.8K −$1.40/SF
EGI
$51.2K $25.60/SF
− OpEx
−$15.4K −$7.68/SF
NOI
$35.8K $17.92/SF
Area
ZIP 20011
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%
$716,680
Cap Rate 7%
$511,914
Cap Rate 9%
$398,156
Alternative Uses
Best Use
Multifamily LT 5
$511.9K
$447.9K – $597.2K
NOI $35,834 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$454.7K
$397.9K – $530.5K
NOI $31,832 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.03M
$903.5K – $1.20M
NOI $72,282 @ 7.0% cap · market cap 11.29%
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
475
Businesses Nearby
Explore this area
Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Check the figures for this property
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?
Triplex - Brick multifamily property with two finished residences and a partially completed third unit.
Where is this triplex located?
The property is located at 109 WEBSTER Street NE Washington, DC.
What is the asking price?
The asking price for this property is $639,999.
What are key features of this property?
This property features: 3‑unit brick multifamily property totaling 2,000 square feet; Unit 3 is approximately 70% complete with major systems installed; Two oversized 1‑bedroom, 1‑bath residences
