Two-Unit Duplex with
For Sale
$674,995
1102 K STREET SE, Washington, DC 20003
Semi-detached duplex with two one-bedroom units, updated HVAC, and a current certificate of occupancy.
Property Size1,344 SF
Price / SF$502.23
Days on Market55
Property Features for 1102 K STREET SE
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
Front windows likely will require replacement
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1890
Buildings
1
Listing Agency:
TTR Sotheby's International Realty
(202) 234-3344
Listed By:
Christopher S Burns · License #650251
(202) 251-7465
Source:
Cummingsrealtors
Added: Aug 13
Changed: Oct 4
Last Checked: Oct 5 at 7:01PM
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 TTR Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 1,344-square-foot semi-detached duplex was built in 1890 and contains two one-bedroom units. The at-grade first unit includes a private backyard and patio and is presented as turnkey, while the second unit provides a renovation and repositioning opportunity. Both units have new HVAC systems, and the property has a current certificate of occupancy. Front window replacement may be subject to review by DC’s Historic Preservation Review Board.
Located at 1102 K Street SE in Washington, DC, the property is an 8-minute walk from Barracks Row restaurants, bars, and shops. Potomac Ave Metro, served by the Blue, Orange, and Silver lines, is a 9-minute walk away. Harris Teeter is 10 minutes on foot, Eastern Market is 14 minutes away, and Navy Yard restaurants and bars are within a 20-minute walk. Nationals Park is a 25-minute walk from the property. The site also offers access to I-695, I-395, and 295, with zoned street parking available.
Located at 1102 K Street SE in Washington, DC, the property is an 8-minute walk from Barracks Row restaurants, bars, and shops. Potomac Ave Metro, served by the Blue, Orange, and Silver lines, is a 9-minute walk away. Harris Teeter is 10 minutes on foot, Eastern Market is 14 minutes away, and Navy Yard restaurants and bars are within a 20-minute walk. Nationals Park is a 25-minute walk from the property. The site also offers access to I-695, I-395, and 295, with zoned street parking available.
Key Highlights
- Two one‑bedroom units within a 1,344‑square‑foot duplex
- Current certificate of occupancy in place
- New HVAC installed in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,081
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,620
$481.6K
Cap Rate 7%
$344,014
$344.0K
Cap Rate 9%
$267,567
$267.6K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$36.3K $27.00/SF
− Vacancy
−$1.9K −$1.40/SF
EGI
$34.4K $25.60/SF
− OpEx
−$10.3K −$7.68/SF
NOI
$24.1K $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%
$481,620
Cap Rate 7%
$344,014
Cap Rate 9%
$267,567
Alternative Uses
Best Use
Multifamily LT 5
$344.0K
$301.0K – $401.4K
NOI $24,081 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$319.0K
$279.1K – $372.2K
NOI $22,331 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$691.3K
$604.9K – $806.5K
NOI $48,392 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,948
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
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?
Duplex - Semi-detached duplex with two one-bedroom units, updated HVAC, and a current certificate of occupancy.
Where is this duplex located?
The property is located at 1102 K STREET SE Washington, DC.
What is the asking price?
The asking price for this property is $674,995.
What are key features of this property?
This property features: Two one‑bedroom units within a 1,344‑square‑foot duplex; Current certificate of occupancy in place; New HVAC installed in both units
