Three-Unit Semi-Detached
1933 P Street SE Washington, DC 20020
1933 P Street SE, Washington, DC, 20020
$499,900
For Sale
$499,900
MULTI_FAMILY - Other - WASHINGTON, DC
Property Size1,664 SF
Lot Size0.03 Acres
Price / SF$300.42
Days on Market25
Property Features for 1933 P Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking
- 1
- Parking features
- Driveway
- Standard status
- Active
- Size
- 1,664 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 16870
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1926
- Number of units
- 1
- Building materials
- Brick
- Architectural style
- Other
Listing Agency
Compass
(301) 298-1001
5471 WISCONSIN Avenue unit: 300, WASHINGTON, DC
Listed by
Andrew N Nelson · License #SP98375360
(301) 580-8101
Added: Jun 22 Checked: Jul 16 at 4:06 pm
MLS# DCDC2269336
Listing URL
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 semi-detached multifamily property is configured as three units. Each unit is designed with three bedrooms and one full bath, and the current status includes approved plans and active permits with substantial construction and systems work underway. The property is delivered fully vacant with no existing leases or tenant obligations, and it is being sold strictly AS-IS.
The address is 1933 P Street SE in Washington, DC 20020.
For buyers or investors who want to move forward from an approved, permitted construction stage, this triplex offers a straightforward three-unit layout with the permitting and much of the early work already in progress.
The address is 1933 P Street SE in Washington, DC 20020.
For buyers or investors who want to move forward from an approved, permitted construction stage, this triplex offers a straightforward three-unit layout with the permitting and much of the early work already in progress.
Key Highlights
- Semi‑detached 3‑unit multifamily property with approved plans and active permits
- Each unit is designed with approx. 650 SF, 3 bedrooms, and 1 full bath
- Under construction with substantial construction and systems work already underway
Local Financial Insights For Multifamily LT 5
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 | $44.9k | $27.00 |
| − Vacancy | −$2.9k | −$1.76 |
| EGI | $42.0k | $25.25 |
| − OpEx | −$12.6k | −$7.57 |
| NOI | $29.4k | $17.67 |
1,664 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$420.1K
$367.6K – $490.1K
NOI $29,405 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$375.3K
$328.4K – $437.8K
NOI $26,269 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$859.1K
$751.7K – $1.00M
NOI $60,139 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Semi-detached triplex with three units, approved plans, active permits, and substantial construction and systems work already underway.
Where is this triplex located?
The property is located at 1933 P Street SE Washington, DC.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Semi‑detached 3‑unit multifamily property with approved plans and active permits; Each unit is designed with approx. 650 SF, 3 bedrooms, and 1 full bath; Under construction with substantial construction and systems work already underway
