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Luxury Townhome Near Capitol Hill
For Sale
$1,810,000

206 MORGAN Street NW, Washington, DC 20001

MULTI_FAMILY - Other - WASHINGTON, DC

Property Size3,584 SF
Lot Size0.05 Acres
Price / SF$505.02
Days on Market142

Property Features for 206 MORGAN Street NW

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement, Dining Room
Parking 2
Parking features On Street, Off Street, Fenced, Driveway
Interior features 2nd Kitchen, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Wood Floors, Sprinkler System
Appliances Built-In Microwave, Dishwasher, Disposal, Refrigerator, Stove
Subdivision TRUXTON CIRCLE
Elementary school WALKER-JONES
High school DUNBAR
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 3,584 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 13920

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2020
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Capital Properties · Keller Williams Realty
Listed By: James P. Broady Jr. · License #SP600386
Added: Mar 11 Changed: Jul 13 Last Checked: Jul 30 at 11:06AM
MLS# DCDC2248718

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.

Constructed in 2020, this two-unit luxury townhome provides modern construction and income potential. Situated on a quiet residential block between Capitol Hill and NoMa, the property combines contemporary finishes and open living spaces. It is suitable for owner-occupants or investors, offering the option to live in one unit and rent the other, or maximize rental income from both units. The property is located a 10-minute walk to Georgetown University Law Center and minutes from Union Station, Gallery Place, Chinatown, the U.S. Capitol, and the National Mall. Metro access is four blocks away at Mount Vernon Square (Green/Yellow Lines) and NoMa-Gallaudet U (Red Line). The property features a two-unit vertical townhome configuration. The upper unit includes 4 bedrooms, 4 bathrooms, and a den (2 en-suite). The lower unit contains 3 bedrooms, 3 full baths, 1 half bath, and a den (2 en-suite) with open-concept living. Private rear balconies are present on every level. Secure two-car off-street parking is available with a roll-up door. The property was built to DC Green Energy Code standards and features fully sprinklered construction. The lot size is 0.0459 acres, and the property size is 3584 square feet. The transaction is structured so tenant purchase rights are not expected to delay settlement or transfer of ownership.

Key Highlights

  • Built in 2020 brick two‑unit vertical townhome with central heating and central air
  • Upper unit layout: 4 bedrooms, 4 bathrooms, and a den with 2 en‑suite bathrooms
  • Lower unit layout: 3 bedrooms, 3 full baths, and 1 half bath plus a den with 2 en‑suite bathrooms

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 $96.8k $27.00
− Vacancy −$5.0k −$1.40
EGI $91.7k $25.60
− OpEx −$27.5k −$7.68
NOI $64.2k $17.92
3,584 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$917.4K
$802.7K – $1.07M (±1% cap)
NOI $64,215 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$850.7K
$744.4K – $992.5K (±1% cap)
NOI $59,550 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $129,045 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Home Appliance Store Veterinary Clinic Tattoo & Piercing Shop

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

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

5,864
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two-unit luxury townhome built in 2020 near Capitol Hill.
Where is this duplex located?
The property is located at 206 MORGAN Street NW Washington, DC.
What is the asking price?
The asking price for this property is $1,810,000.
What are key features of this property?
This property features: Built in 2020 brick two‑unit vertical townhome with central heating and central air; Upper unit layout: 4 bedrooms, 4 bathrooms, and a den with 2 en‑suite bathrooms; Lower unit layout: 3 bedrooms, 3 full baths, and 1 half bath plus a den with 2 en‑suite bathrooms
More about this property
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