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Duplex with Finished Basement
For Sale
$1,200,000

1902 9TH Street NW, Washington, DC 20001

Multi-Family, WASHINGTON, DC

Property Size2,220 SF
Lot Size0.02 Acres
Price / SF$540.54
Days on Market14

Property Features for 1902 9TH Street NW

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Dining Room, Basement
Parking features On Street
Interior features Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet
Appliances Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
Subdivision LOGAN/U STREET
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 2,220 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 9040

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1900
Number of units 2
Building materials Brick
Listing Agency: Samson Properties
Listed By: Farshad Mohseni · License #SP200206021
Added: Oct 13 Changed: Oct 23 Last Checked: Oct 26 at 3:06PM
MLS# DCDC2287628

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.

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Investment Insights

Based on property information with market context.

This 2,220-square-foot brick duplex, built in 1900, has three bedrooms and 2.5 bathrooms. Its English basement is fully finished, and the main floor includes hardwood flooring and a renovated kitchen with built-in microwave, dishwasher, disposal, refrigerator, and stove. A washer and dryer are also included. Forced-air heat and central air serve the home.

The property is 0.75 block south of U Street NW and around the corner from the U Street-Cardozo Metro station. On-street parking is available.

Key Highlights

  • 2,220‑square‑foot brick duplex built in 1900
  • Three bedrooms and 2.5 bathrooms
  • Fully finished English basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,776
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,520 $795.5K
Cap Rate 7%
$568,229 $568.2K
Cap Rate 9%
$441,956 $442.0K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$59.9K $27.00/SF
− Vacancy
−$3.1K −$1.40/SF
EGI
$56.8K $25.60/SF
− OpEx
−$17.0K −$7.68/SF
NOI
$39.8K $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%
$795,520
Cap Rate 7%
$568,229
Cap Rate 9%
$441,956

Alternative Uses

Best Use
Multifamily LT 5
$568.2K
$497.2K – $662.9K (±1% cap)
NOI $39,776 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$526.9K
$461.1K – $614.8K (±1% cap)
NOI $36,886 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$1.14M
$999.2K – $1.33M (±1% cap)
NOI $79,933 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

5,047
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

Frequently Asked Questions

What type of property is this?
Duplex - Updated interiors include a renovated kitchen, hardwood floors, and a finished English basement.
Where is this duplex located?
The property is located at 1902 9TH Street NW Washington, DC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,220‑square‑foot brick duplex built in 1900; Three bedrooms and 2.5 bathrooms; Fully finished English basement
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