Mixed-Use Residential Income
For Sale
$999,900
Pending
1332 NORTH CAPITOL ST NW, Washington, DC 20002
MU-4 zoned residential income property for sale in Washington, DC, offering flexible live-or-lease possibilities.
Property Size3,306 SF
Days on Market122
Property Features for 1332 NORTH CAPITOL ST NW
General Information
Standard status
Pending
Size
3,306 SF
Property subtype
Multi-family
Site & Location
Neighborhood
Ft. Washington
Listing Agency:
RE/MAX Realty Services
(240) 403-0400
Listed By:
Ellerson Spurlock IV · License #SP98363031
(240) 286-1678
Source:
Palmerharned
Added: Jul 1
Changed: Oct 25
Last Checked: Oct 28 at 8:22AM
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 RE/MAX Realty Services
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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
Estimated NOI and Cap Rate
NOI / Yr
$56,284
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,680
$1.1M
Cap Rate 7%
$804,057
$804.1K
Cap Rate 9%
$625,378
$625.4K
Market Conditions
NOI Build-Up for 3,306 SF
Gross rent
$109.1K $33.00/SF
− Vacancy
−$6.8K −$2.05/SF
EGI
$102.3K $30.95/SF
− OpEx
−$46.1K −$13.93/SF
NOI
$56.3K $17.02/SF
Area
ZIP 20002
Vacancy
6.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,680
Cap Rate 7%
$804,057
Cap Rate 9%
$625,378
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,455
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 ST 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).
