Updated Two-Unit
For Sale
$1,500,000
1614 6TH Street NW, Washington, DC 20001
Multi-Family, WASHINGTON, DC
Property Size3,377 SF
Lot Size0.04 Acres
Price / SF$444.18
Days on Market90
Property Features for 1614 6TH Street NW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Garage - Attached, Off Street, On Street
Fireplace
1
Subdivision
SHAW
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
3,377 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
10963
Utilities
Heating system
Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Amenities
in-unit laundry
private patio
Building Details
Year built
1900
Number of units
2
Architectural style
Victorian
Listing Agency:
Compass
(410) 220-5745
Listed By:
Payal Pubbi · License #SP200204296
(202) 491-1275
Added: Jun 16
Changed: Sep 13
Last Checked: Sep 13 at 12:06PM
MLS# DCDC2268396
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.
Located at 1614 6th Street NW in Washington, DC, this 3,377-square-foot Victorian duplex was built in 1900 and contains two separately accessed residences. A shared foyer leads to Unit 1 across 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 baths. Unit 2 spans the upper levels and provides 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.
The property includes off-street parking for two vehicles through a garage-style door, along with on-street parking. Heating is provided by forced air, while cooling includes central air and ceiling fans. The property is in the Shaw neighborhood, near dining, shopping, entertainment, cultural destinations, commuter routes, and public transportation.
The property includes off-street parking for two vehicles through a garage-style door, along with on-street parking. Heating is provided by forced air, while cooling includes central air and ceiling fans. The property is in the Shaw neighborhood, near dining, shopping, entertainment, cultural destinations, commuter routes, and public transportation.
Key Highlights
- 3,377 square feet on 0.041 acres
- Two‑unit configuration with separate entrances from a shared foyer
- Unit 1 includes two 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
Check the figures for this property
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 - Two residences feature refreshed kitchens and baths, private outdoor areas, 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 square feet on 0.041 acres; Two‑unit configuration with separate entrances from a shared foyer; Unit 1 includes two bedrooms with en‑suite bathrooms
