Updated Duplex with
New
For Sale
$1,050,000
1827 E CAPITOL Street SE, Washington, DC 20003
MULTI_FAMILY - Federal - WASHINGTON, DC
Property Size2,700 SF
Lot Size0.05 Acres
Price / SF$388.89
Days on Market2
Property Features for 1827 E CAPITOL Street SE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
Fenced, Off Street
Fireplace
1
Subdivision
CAPITOL HILL EAST
Middle school
ELIOT-HINE
High school
EASTERN SENIOR
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
2,700 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
9261
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1977
Number of units
2
Building materials
Brick
Architectural style
Federal
Listing Agency:
Compass
(301) 298-1001
Listed By:
Kimberly Diggs · License #BR98373434
(202) 630-6112
Added: Aug 12
Last Checked: Aug 13 at 5:06PM
MLS# DCDC2277932
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.
This brick duplex contains approximately 2,700 square feet across two residences on a 0.0462-acre lot. The upper home occupies two levels with four bedrooms, two and a half baths, hardwood floors, an updated kitchen, three working fireplaces, rear-yard access, and dedicated parking. The lower apartment is tenant occupied and includes one bedroom and one bath. Both units have their own washer and dryer, central air conditioning, forced-air heat, and separately metered utilities. The property was built in 1977 and has a Federal architectural style.
The address is in Capitol Hill East near Stadium-Armory Metro, which provides access to the Silver, Blue, and Orange lines. The site also includes fenced off-street parking for two cars, supporting day-to-day use by the residents.
The address is in Capitol Hill East near Stadium-Armory Metro, which provides access to the Silver, Blue, and Orange lines. The site also includes fenced off-street parking for two cars, supporting day-to-day use by the residents.
Key Highlights
- Two‑unit duplex with approximately 2,700 square feet of living space
- Upper residence includes 4 bedrooms, 2.5 baths, and two levels
- Lower unit is tenant occupied with 1 bedroom and 1 bath
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
$48,376
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
4.61%
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%
$967,520
$967.5K
Cap Rate 7%
$691,086
$691.1K
Cap Rate 9%
$537,511
$537.5K
Market Conditions
NOI Build-Up for 2,700 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
$72.9K $27.00/SF
− Vacancy
−$3.8K −$1.40/SF
EGI
$69.1K $25.60/SF
− OpEx
−$20.7K −$7.68/SF
NOI
$48.4K $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%
$967,520
Cap Rate 7%
$691,086
Cap Rate 9%
$537,511
Alternative Uses
Best Use
Multifamily LT 5
$691.1K
$604.7K – $806.3K
NOI $48,376 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$640.9K
$560.8K – $747.7K
NOI $44,862 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,216 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature separate utilities, individual laundry facilities, and private off-street parking.
Where is this duplex located?
The property is located at 1827 E CAPITOL Street SE Washington, DC.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 2,700 square feet of living space; Upper residence includes 4 bedrooms, 2.5 baths, and two levels; Lower unit is tenant occupied with 1 bedroom and 1 bath
