Renovated 2-Unit
New
For Sale
$600,000
1720 H STREET NE, Washington, DC 20002
Separate gas and electric meters serve two distinct residences, with utility costs paid by tenants.
Property Size1,152 SF
Price / SF$520.83
Days on Market5
Property Features for 1720 H STREET NE
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Duplex
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,709
Building Details
Building Size
1,152 SF
Year Built
1941
Year Renovated
2017
Buildings
1
Tenancy
Single
Listing Agency:
Compass
Listed By:
Alana Faustina · License #SP713710
(202) 427-2897
Source:
Kerishull
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:09PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Washington, DC duplex contains two separate 2-bedroom units within approximately 1,152 square feet. Renovated in 2017 and freshly painted, the property has gas cooking, stainless steel appliances, granite countertops, LVP flooring, and walk-in showers. The upper residence has 2 bedrooms and 2 bathrooms and is vacant; the lower has 2 bedrooms and 1 bathroom and is leased through May 2027. Gas and electric are separately metered, with tenants responsible for those utilities.
The property is on H Street NE, near its restaurants, nightlife, and the Atlas Performing Arts Center. The D20 bus travels along H Street to Union Station and downtown, and Stadium-Armory Metro is approximately 1.1 miles away.
The property is on H Street NE, near its restaurants, nightlife, and the Atlas Performing Arts Center. The D20 bus travels along H Street to Union Station and downtown, and Stadium-Armory Metro is approximately 1.1 miles away.
Key Highlights
- Two separate 2‑bedroom units in approximately 1,152 square feet
- Upper unit: 2 bedrooms, 2 bathrooms; currently vacant
- Lower unit: 2 bedrooms, 1 bathroom; leased through May 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,947
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,940
$438.9K
Cap Rate 7%
$313,529
$313.5K
Cap Rate 9%
$243,856
$243.9K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$33.2K $28.80/SF
− Vacancy
−$1.8K −$1.58/SF
EGI
$31.4K $27.22/SF
− OpEx
−$9.4K −$8.16/SF
NOI
$21.9K $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%
$438,940
Cap Rate 7%
$313,529
Cap Rate 9%
$243,856
Alternative Uses
Best Use
Multifamily LT 5
$313.5K
$274.3K – $365.8K
NOI $21,947 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$280.2K
$245.2K – $326.9K
NOI $19,612 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$594.8K
$520.4K – $693.9K
NOI $41,635 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,398
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate gas and electric meters serve two distinct residences, with utility costs paid by tenants.
Where is this duplex located?
The property is located at 1720 H STREET NE Washington, DC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two separate 2‑bedroom units in approximately 1,152 square feet; Upper unit: 2 bedrooms, 2 bathrooms; currently vacant; Lower unit: 2 bedrooms, 1 bathroom; leased through May 2027
