Updated Two-Unit
For Sale
$1,500,000
1614 6TH STREET NW, Washington, DC 20001
Two residences feature renovated kitchens and baths, private outdoor areas, in-unit laundry, and off-street parking.
Property Size3,377 SF
Price / SF$444.18
Days on Market90
Property Features for 1614 6TH STREET NW
General Information
Standard status
Active
Size
3,377 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/2BA, 1 x 3BR/3BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$10,963
Amenities
in-unit laundry
private patio
ornamental fireplace
Building Details
Building Size
3,377 SF
Year Built
1900
Listing Agency:
Compass
Listed By:
Payal Pubbi · License #SP200204296
(240) 601-0495
Source:
Kerishull
Added: Jun 16
Changed: Sep 12
Last Checked: Sep 12 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 Compass
Investment Insights
Based on property information with market context.
This 3,377-square-foot duplex, built in 1900, contains two separately accessed residences connected by a shared entry foyer. The lower residence spans the main and lower levels with wood flooring, an ornamental fireplace, living and dining areas, an updated kitchen, powder room, in-unit laundry, and two bedrooms with en-suite bathrooms. The upper residence extends across the top levels and includes three bedrooms, three full bathrooms, an open kitchen, dining and living areas, in-unit laundry, a private patio, and access to the rear outdoor area by spiral staircase.
A garage-style door opens to off-street parking for two vehicles. The property is located at 1614 6th Street NW in Washington, DC's Shaw neighborhood, near dining, shopping, entertainment, cultural destinations, major commuter routes, and multiple public transportation options. The two-residence layout can support owner occupancy of one unit alongside rental use of the other, subject to existing lease terms and local regulations.
A garage-style door opens to off-street parking for two vehicles. The property is located at 1614 6th Street NW in Washington, DC's Shaw neighborhood, near dining, shopping, entertainment, cultural destinations, major commuter routes, and multiple public transportation options. The two-residence layout can support owner occupancy of one unit alongside rental use of the other, subject to existing lease terms and local regulations.
Key Highlights
- 3,377 SF duplex at 1614 6th Street NW, Washington, DC 20001
- Two separately accessed residences share a main entry foyer
- Unit 1 includes 2 bedrooms with en‑suite bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,506
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,210,120
$1.2M
Cap Rate 7%
$864,371
$864.4K
Cap Rate 9%
$672,289
$672.3K
Market Conditions
NOI Build-Up for 3,377 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$91.2K $27.00/SF
− Vacancy
−$4.7K −$1.40/SF
EGI
$86.4K $25.60/SF
− OpEx
−$25.9K −$7.68/SF
NOI
$60.5K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,210,120
Cap Rate 7%
$864,371
Cap Rate 9%
$672,289
Alternative Uses
Best Use
Multifamily LT 5
$864.4K
$756.3K – $1.01M
NOI $60,506 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$801.6K
$701.4K – $935.2K
NOI $56,111 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,591 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,239
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
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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 - Two residences feature renovated kitchens and baths, private outdoor areas, in-unit laundry, and off-street parking.
Where is this duplex located?
The property is located at 1614 6TH STREET NW Washington, DC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,377 SF duplex at 1614 6th Street NW, Washington, DC 20001; Two separately accessed residences share a main entry foyer; Unit 1 includes 2 bedrooms with en‑suite bathrooms
