Duplex with Private Off-Street
1829 Providence Street Northeast Washington, DC 20002
For Sale
$1,100,000
Two identical units each offer four bedrooms and three full bathrooms, plus private off-street parking for 3–4 vehicles.
Property Size5,720 SF
Price / SF$192.31
Days on Market120
Property Features for 1829 Providence Street Northeast
General Information
- Standard status
- Active
- Size
- 5,720 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2009
Listing Agency:
Keller Williams Capital Properties
(202) 500-5720
Listed By:
Russell Carter · License #SP98377566
(202) 500-5720
Source:
Compass
Added: Mar 27
Changed: Jul 21
Last Checked: Jul 23 at 7:26AM
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 Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
Welcome to 1829 Providence Street NE, a duplex configured with two identical units. Each unit features 4 bedrooms and 3 full bathrooms, offering substantial space for room-by-room shared housing or other group living arrangements. The property also includes private off-street parking that can accommodate 3–4 vehicles.
Located in Ivy City within Washington, DC city limits, the home is described as being just minutes from Union Market, the H Street Corridor, and New York Ave. The remarks cite estimated market rents of $4,000 per unit, translating to an estimated $8,000/month in gross income.
With its mirrored layouts and large bedroom and bathroom counts, this is a straightforward, purpose-built two-unit option for buyers seeking a larger multifamily configuration.
Located in Ivy City within Washington, DC city limits, the home is described as being just minutes from Union Market, the H Street Corridor, and New York Ave. The remarks cite estimated market rents of $4,000 per unit, translating to an estimated $8,000/month in gross income.
With its mirrored layouts and large bedroom and bathroom counts, this is a straightforward, purpose-built two-unit option for buyers seeking a larger multifamily configuration.
Key Highlights
- 2009‑built duplex with two identical units
- Each unit features 4 bedrooms and 3 full bathrooms
- Estimated market rents are $4,000 per unit (approximately $8,000/month gross)
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $188.8k | $33.00 |
| − Vacancy | −$11.7k | −$2.05 |
| EGI | $177.1k | $30.95 |
| − OpEx | −$79.7k | −$13.93 |
| NOI | $97.4k | $17.02 |
5,720 SF · lease $33.00/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.56M
$1.36M – $1.82M
NOI $108,973 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.62M
NOI $97,381 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$2.95M
$2.58M – $3.45M
NOI $206,727 @ 7.0% cap · market cap 18.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two identical units each offer four bedrooms and three full bathrooms, plus private off-street parking for 3–4 vehicles.
Where is this duplex located?
The property is located at 1829 Providence Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2009‑built duplex with two identical units; Each unit features 4 bedrooms and 3 full bathrooms; Estimated market rents are $4,000 per unit (approximately $8,000/month gross)
