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Brick Duplex with Private Patios
New
For Sale
$1,150,000

1804 VERMONT AVENUE NW, Washington, DC 20001

The upper residence spans two levels, while the lower home has a bedroom, den, and full kitchen.

Property Size2,038 SF
Days on Market5

Property Features for 1804 VERMONT AVENUE NW

General Information

Standard status Active
Size 2,038 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $9,472

Building Details

Building Size 2,038 SF
Year Built 1880
Listing Agency: RE/MAX Executives
Listed By: Karrina Taylor Brown · License #BR98372024
Source: Kwcapitalproperties
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 5 at 11:01PM

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 RE/MAX Executives

Investment Insights

Based on property information with market context.

This 2,038-square-foot brick duplex contains two distinct residences. The upper unit has two bedrooms and two bathrooms across two levels, with hardwood flooring, high ceilings, curved walls, pocket doors, and updated kitchen and bath fixtures. The lower unit offers one bedroom and a den, full-size windows, recent LVT flooring, a full kitchen, and a bath with a claw-foot tub and shower. Each residence has a landscaped patio.

The property is on a tree-lined street between two Metro stations. Parking is usually available on 11th Street NW. The upper unit is rented, while the lower unit is vacant.

Key Highlights

  • 2,038‑square‑foot brick duplex
  • Upper unit: 2 bedrooms, 2 bathrooms, and two levels
  • Lower unit: 1 bedroom, den, full kitchen, and bath with claw‑foot tub and shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,515
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,300 $730.3K
Cap Rate 7%
$521,643 $521.6K
Cap Rate 9%
$405,722 $405.7K
Market Conditions
NOI Build-Up for 2,038 SF
Gross rent
$55.0K $27.00/SF
− Vacancy
−$2.9K −$1.40/SF
EGI
$52.2K $25.60/SF
− OpEx
−$15.6K −$7.68/SF
NOI
$36.5K $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 Rate 5%
$730,300
Cap Rate 7%
$521,643
Cap Rate 9%
$405,722

Alternative Uses

Best Use
Multifamily LT 5
$521.6K
$456.4K – $608.6K (±1% cap)
NOI $36,515 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$483.7K
$423.3K – $564.4K (±1% cap)
NOI $33,862 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.05M
$917.3K – $1.22M (±1% cap)
NOI $73,380 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Florist Tanning Salon Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,207
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The upper residence spans two levels, while the lower home has a bedroom, den, and full kitchen.
Where is this duplex located?
The property is located at 1804 VERMONT AVENUE NW Washington, DC.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2,038‑square‑foot brick duplex; Upper unit: 2 bedrooms, 2 bathrooms, and two levels; Lower unit: 1 bedroom, den, full kitchen, and bath with claw‑foot tub and shower
More about this property
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