Mixed-Use Residential Income
1332 North Capitol Street NW Washington, DC 20002
For Sale
$999,900
MU-4 zoned residential income property for sale in Washington, DC, offering flexible live-or-lease possibilities.
Property Size3,306 SF
Price / SF$302.45
Days on Market148
Property Features for 1332 North Capitol Street NW
General Information
Standard status
Active
Size
3,306 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Listing Agency:
Compass
(609) 304-2314
Listed By:
Christopher Twardy · License #1540241
(609) 304-2314
Source:
Thetristaterealestategroup
Added: Mar 4
Changed: Jul 20
Last Checked: Jul 30 at 2:55AM
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 Compass
Investment Insights
Based on property information with market context.
This for-sale residential income property is presented as a major development opportunity and is MU-4 zoned, supporting flexible use potential. The public remarks also market the option to occupy the building as a single-family-style residence or to live in one unit while renting additional space.
The property is located at 1332 North Capitol Street NW in Washington, DC (20002). The seller is described as motivated, and creative offers are noted as being strongly considered.
Seller financing is also mentioned in the remarks. Additional details such as the number of units, current layout, and building condition are not provided in the information available, so interested parties should confirm specifics during due diligence.
The property is located at 1332 North Capitol Street NW in Washington, DC (20002). The seller is described as motivated, and creative offers are noted as being strongly considered.
Seller financing is also mentioned in the remarks. Additional details such as the number of units, current layout, and building condition are not provided in the information available, so interested parties should confirm specifics during due diligence.
Key Highlights
- MU‑4 zoned income property in Washington, DC with flexible live‑or‑lease potential (office/retail, SFH, or multi).
- Two units with 3 bedrooms each, offering washer and dryer in unit and natural gas tankless hot water.
- Central air and natural gas heating; each unit includes in‑unit laundry (washer in unit, dryer in unit).
Financial Insights For Apartment 5plus
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 | $109.1k | $33.00 |
| − Vacancy | −$6.8k | −$2.05 |
| EGI | $102.3k | $30.95 |
| − OpEx | −$46.1k | −$13.93 |
| NOI | $56.3k | $17.02 |
3,306 SF · lease $33.00/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$804.1K
$703.6K – $938.1K
NOI $56,284 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,483 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential income property - MU-4 zoned residential income property for sale in Washington, DC, offering flexible live-or-lease possibilities.
Where is this residential income property located?
The property is located at 1332 North Capitol Street NW Washington, DC.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: MU‑4 zoned income property in Washington, DC with flexible live‑or‑lease potential (office/retail, SFH, or multi).; Two units with 3 bedrooms each, offering washer and dryer in unit and natural gas tankless hot water.; Central air and natural gas heating; each unit includes in‑unit laundry (washer in unit, dryer in unit).
