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    Duplex Residential Income Property Title is generated by Realmo AI

    127 JOLIET Street SW, Washington, DC 20032

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    Claim this Listing
    New
    For Sale
    $405,900

    MULTI_FAMILY - Other - WASHINGTON, DC

    Property size:
    1,992 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $203/SF
    Added:
    Jul 2, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 7 at 11:06 am

    Property Features for 127 JOLIET Street SW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    1,992 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3038

    Utilities

    Heating system
    Central

    Building Details

    Year built
    1953
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Contact an agent
    Lisa S Wright

    Listing agent Lisa S Wright

    Listing office Stonegate Realty Group, LLC 513 HARVARD Street, WASHINGTON, DC

    Listing date Jul 2, 2026

    MLS# DCDC2271442 Listing URL

    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.

    HighLights

    • Brick construction
    • Central heating
    • On‑street parking
    • Built in 1953

    Overview

    This for-sale duplex residential income property is identified as a Duplex/Multi-family asset and includes approximately 1,992 square feet of total building area on a 0.1228-acre lot. The offering is presented as a residential income use and provides a practical structure for tenants under a two-unit configuration, suited to buyers looking for an owner-operated or investment-minded setup.

    The property is located at 127 JOLIET Street SW, Washington, DC 20032, in Washington County (District of Columbia). Beyond the city and ZIP, no additional neighborhood, frontage, or access details are provided in the available information.

    From a leasing and ownership standpoint, a duplex can appeal to buyers seeking a manageable multi-unit format, with separate tenant occupancy possibilities within one property. Because the provided data does not include unit mix specifics, current occupancy, or condition details, interested parties should confirm layouts, tenant status, and any building components during due diligence. Overall, the asset is positioned as a residential income property where a clear two-unit structure is the primary characteristic buyers will evaluate.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $53.8k $27.00
    − Vacancy −$2.8k −$1.40
    EGI $51.0k $25.60
    − OpEx −$15.3k −$7.68
    NOI $35.7k $17.92
    1,992 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $509.9K
    $446.1K – $594.9K (±1% cap)
    NOI $35,691 @ 7.0% cap · market cap 8.79%
    Second Best
    Apartment 5plus
    $472.8K
    $413.7K – $551.6K (±1% cap)
    NOI $33,098 @ 7.0% cap · market cap 8.15%
    Theoretical Best
    Office A
    $1.02M
    $896.5K – $1.20M (±1% cap)
    NOI $71,723 @ 7.0% cap · market cap 17.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.00641
    Latitude
    38.82154

    FAQs

    What type of property is this?
    Duplex - For sale duplex in Washington, DC, offering a straightforward residential income setup for owner-occupants or investors.
    Where is this duplex located?
    The property is located at 127 JOLIET Street SW Washington, DC.
    What is the asking price?
    The asking price for this property is $405,900.
    What are key features of this property?
    This property features: Brick construction; Central heating; On‑street parking
    More about this property
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