Renovated Two-Unit
For Sale
$779,000
1344 LEVIS STREET NE, Washington, DC 20002
Separate kitchens, living areas, and in-unit laundry support flexible occupancy.
Property Size1,878 SF
Price / SF$414.80
Days on Market37
Property Features for 1344 LEVIS STREET NE
General Information
Standard status
Active
Size
1,878 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2.5BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
private rear yard
in-unit laundry
Building Details
Year Built
1938
Buildings
1
Listing Agency:
KW United
(703) 533-1500
Listed By:
Timothy Robinson · License #674168
(240) 733-7909
Source:
Cummingsrealtors
Added: Sep 2
Changed: Oct 7
Last Checked: Oct 7 at 1:33PM
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 KW United
Investment Insights
Based on property information with market context.
This renovated duplex at 1344 Levis Street NE contains two residences with five bedrooms and three-and-a-half baths overall. The upper unit has three bedrooms and two-and-a-half baths, while the lower unit provides two bedrooms and one full bath. Each residence includes its own kitchen, living area, and in-unit laundry. A private rear yard adds outdoor space to the property.
The home is near the H Street Corridor, Union Market, Gallaudet University, Hechinger Mall, and multiple transit options. Built in 1938, the property offers a two-unit configuration suited to rental use, owner occupancy, or extended-family living.
The home is near the H Street Corridor, Union Market, Gallaudet University, Hechinger Mall, and multiple transit options. Built in 1938, the property offers a two-unit configuration suited to rental use, owner occupancy, or extended-family living.
Key Highlights
- Two‑unit duplex with five total bedrooms and three‑and‑a‑half baths
- Upper residence includes 3 bedrooms and 2.5 baths
- Lower residence includes 2 bedrooms and 1 full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,778
Cap Rate
4.59%
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
NOI $35,778 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$456.7K
$399.7K – $532.9K
NOI $31,972 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$969.6K
$848.4K – $1.13M
NOI $67,873 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,604
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate kitchens, living areas, and in-unit laundry support flexible occupancy.
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 $779,000.
What are key features of this property?
This property features: Two‑unit duplex with five total bedrooms and three‑and‑a‑half baths; Upper residence includes 3 bedrooms and 2.5 baths; Lower residence includes 2 bedrooms and 1 full bath
