Renovated Duplex
For Sale
$600,000
1334 28TH STREET SE, Washington, DC 20020
Two refreshed residential units offer separate kitchens, rear access, fenced outdoor space, and central air.
Property Size1,760 SF
Price / SF$340.91
Days on Market120
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Property Features for 1334 28TH STREET SE
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,614
Building Details
Building Size
1,760 SF
Year Built
1939
Listing Agency:
Keller Williams Preferred Properties
Listed By:
Angel S. Saules · License #600657
(240) 342-6435
Source:
Kerishull
Added: Jun 18
Changed: Oct 5
Last Checked: Oct 15 at 7:52AM
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 Keller Williams Preferred Properties
Investment Insights
Based on property information with market context.
This 1,760 SF duplex contains two residential units and was built in 1939. Both units have full kitchens with stainless steel appliances and gas ranges, rear access, natural light, washer/dryer connections, ceiling fans, central air, and radiator heat. Recent work includes bathroom renovations, fresh paint, restoration of the original hardwood floors, and service to the HVAC, hot water tanks, roof, rear stairwell, brick and mortar, retaining wall, and fencing. A basement with rear walk-up stair access adds additional functional space.
Unit 1 includes two bedrooms, a living room, and kitchen dining space. Unit 2 includes three bedrooms, with the front bedroom also adaptable as a living area. The fenced rear yard provides outdoor space, while the property at 1334 28th Street SE is near public transportation, commuter routes, the Maryland–DC line, Anacostia Park, and Eastern Market.
Unit 1 includes two bedrooms, a living room, and kitchen dining space. Unit 2 includes three bedrooms, with the front bedroom also adaptable as a living area. The fenced rear yard provides outdoor space, while the property at 1334 28th Street SE is near public transportation, commuter routes, the Maryland–DC line, Anacostia Park, and Eastern Market.
Key Highlights
- Two‑unit duplex totaling 1,760 SF
- Built in 1939 with renovated bathrooms and restored original hardwood floors
- Unit 1 offers 2 bedrooms; Unit 2 offers 3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,102
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,040
$622.0K
Cap Rate 7%
$444,314
$444.3K
Cap Rate 9%
$345,578
$345.6K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$47.5K $27.00/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$44.4K $25.25/SF
− OpEx
−$13.3K −$7.57/SF
NOI
$31.1K $17.67/SF
Area
ZIP 20020
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,040
Cap Rate 7%
$444,314
Cap Rate 9%
$345,578
Alternative Uses
Best Use
Multifamily LT 5
$444.3K
$388.8K – $518.4K
NOI $31,102 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$396.9K
$347.3K – $463.1K
NOI $27,784 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$908.7K
$795.1K – $1.06M
NOI $63,608 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two refreshed residential units offer separate kitchens, rear access, fenced outdoor space, and central air.
Where is this duplex located?
The property is located at 1334 28TH STREET SE Washington, DC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,760 SF; Built in 1939 with renovated bathrooms and restored original hardwood floors; Unit 1 offers 2 bedrooms; Unit 2 offers 3 bedrooms
