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Renovated Two-Unit Rowhome
For Sale
$799,000

1344 LEVIS Street NE, Washington, DC 20002

Multi-Family, WASHINGTON, DC

Property Size1,878 SF
Lot Size0.05 Acres
Price / SF$425.45
Days on Market19

Property Features for 1344 LEVIS Street NE

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Alley
Subdivision NONE AVAILABLE
Elementary school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status Active
Size 1,878 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 6627

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

in-unit laundry
private rear yard

Building Details

Year built 1938
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: KW United · Keller Williams Realty
Listed By: Timothy Robinson · License #674168
Added: Sep 18 Changed: Sep 22 Last Checked: Oct 6 at 10:06AM
MLS# DCDC2281200

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 renovated two-unit rowhome provides a five-bedroom, three-and-a-half-bathroom configuration across an upper residence and a lower residence. The upper unit contains three bedrooms and two-and-a-half bathrooms; the lower unit offers two bedrooms and one full bathroom. Both residences include a private kitchen, dedicated living area, and in-unit laundry. The property measures 1,878 square feet and was built in 1938.

Constructed of brick, the home includes forced-air heating, central air conditioning, alley parking, and a private rear yard. Its Washington, DC setting is near the H Street Corridor, Union Market, Gallaudet University, and Hechinger Mall, with multiple transit options nearby.

Key Highlights

  • Two‑unit layout with five bedrooms and three‑and‑a‑half baths
  • Upper unit has 3 bedrooms and 2.5 baths; lower unit has 2 bedrooms and 1 full bath
  • 1,878 square feet on a 0.0513‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,778
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,560 $715.6K
Cap Rate 7%
$511,114 $511.1K
Cap Rate 9%
$397,533 $397.5K
Market Conditions
NOI Build-Up for 1,878 SF
Gross rent
$54.1K $28.80/SF
− Vacancy
−$3.0K −$1.58/SF
EGI
$51.1K $27.22/SF
− OpEx
−$15.3K −$8.16/SF
NOI
$35.8K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,560
Cap Rate 7%
$511,114
Cap Rate 9%
$397,533

Alternative Uses

Best Use
Multifamily LT 5
$511.1K
$447.2K – $596.3K (±1% cap)
NOI $35,778 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$456.7K
$399.7K – $532.9K (±1% cap)
NOI $31,972 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$969.6K
$848.4K – $1.13M (±1% cap)
NOI $67,873 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Home Appliance Store Nursing Home (Bike/Boat/Book/etc) Store Acupuncture Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,604
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick construction with separate kitchens, living areas, in-unit laundry, and a private rear yard.
Where is this duplex located?
The property is located at 1344 LEVIS Street NE Washington, DC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit layout with five bedrooms and three‑and‑a‑half baths; Upper unit has 3 bedrooms and 2.5 baths; lower unit has 2 bedrooms and 1 full bath; 1,878 square feet on a 0.0513‑acre lot
More about this property
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