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Duplex Residential Income Property

127 JOLIET Street SW Washington, DC 20032

127 JOLIET Street SW, Washington, DC, 20032
$405,900
For Sale
Claim this Listing
$405,900

MULTI_FAMILY - Other - WASHINGTON, DC

Property Size1,992 SF
Lot Size0.12 Acres
Price / SF$203.77
AddedJul 2
Days on Market14
Last RefreshJul 15 at 9:06 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

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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Brick construction
  • Central heating
  • On‑street parking

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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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
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