Federal-Style Duplex with
For Sale
$1,499,000
Pending
1434 CORCORAN STREET NW, Washington, DC 20009
Two-unit rowhome combines a larger upper residence with a separately accessed apartment and outdoor areas.
Property Size2,520 SF
Days on Market62
Property Features for 1434 CORCORAN STREET NW
General Information
Standard status
Pending
Size
2,520 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northwest
Taxes and HOA fees
Annual Taxes
$13,093
Building Details
Building Size
2,520 SF
Year Built
1800
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Justin Kitsch · License #SP98372061
(202) 486-9611
Source:
Kerishull
Added: Aug 29
Changed: Oct 25
Last Checked: Oct 28 at 5:48PM
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 TTR Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This Federal-style rowhome is arranged as a two-unit residence totaling 2,520 square feet, with 4 bedrooms and 3.5 bathrooms. The principal residence includes 3 bedrooms, 2.5 bathrooms, generously proportioned rooms, large windows, two fireplaces, a dining room, and a south-facing rear deck. A separate 1-bedroom, 1-bathroom apartment occupies the ground floor and includes in-unit laundry, an updated interior, and a private rear patio. The property also provides two off-street parking spaces.
Located at 1434 Corcoran Street NW in Washington, DC, the home sits just off the 14th Street corridor and near Logan Circle and Dupont Circle. Whole Foods and Trader Joe’s are identified among the nearby amenities, with dining, shopping, entertainment, and transportation access in the surrounding area. Built in 1800, the property combines a multi-unit layout with established residential character and outdoor space.
Located at 1434 Corcoran Street NW in Washington, DC, the home sits just off the 14th Street corridor and near Logan Circle and Dupont Circle. Whole Foods and Trader Joe’s are identified among the nearby amenities, with dining, shopping, entertainment, and transportation access in the surrounding area. Built in 1800, the property combines a multi-unit layout with established residential character and outdoor space.
Key Highlights
- Two‑unit configuration with 4BR and 3.5BA across 2,520 square feet
- Two off‑street parking spaces
- Main residence offers 3BR, 2.5BA, two fireplaces, large windows, and a rear deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,010
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,100,200
$1.1M
Cap Rate 7%
$785,857
$785.9K
Cap Rate 9%
$611,222
$611.2K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$83.2K $33.00/SF
− Vacancy
−$4.6K −$1.82/SF
EGI
$78.6K $31.19/SF
− OpEx
−$23.6K −$9.36/SF
NOI
$55.0K $21.83/SF
Area
ZIP 20009
Vacancy
5.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,100,200
Cap Rate 7%
$785,857
Cap Rate 9%
$611,222
Alternative Uses
Best Use
Multifamily LT 5
$785.9K
$687.6K – $916.8K
NOI $55,010 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$700.6K
$613.0K – $817.3K
NOI $49,039 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,735 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
15,352
Businesses Nearby
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Business Placement
Demographics for 20009, DC
53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit rowhome combines a larger upper residence with a separately accessed apartment and outdoor areas.
Where is this duplex located?
The property is located at 1434 CORCORAN STREET NW Washington, DC.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two‑unit configuration with 4BR and 3.5BA across 2,520 square feet; Two off‑street parking spaces; Main residence offers 3BR, 2.5BA, two fireplaces, large windows, and a rear deck
