Multifamily Property with Basement
217 WEBSTER Street NE, Washington, DC 20011
For Sale
$524,999
Multi-Family, WASHINGTON, DC
Property Size1,332 SF
Lot Size0.06 Acres
Price / SF$394.14
Days on Market21
Property Features for 217 WEBSTER Street NE
General Information
Property type
Property subtype
Parking features
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
central air and heat
new kitchen cabinetry
quartz counters
recessed lights
stainless steel appliances
new windows
hardwood floors
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
XRealty.NET LLC
Listed By:
Norman S Domingo · License #BR98370916
(888) 838-9044
Added: Oct 20
Changed: Oct 28
Last Checked: Nov 9 at 4:06AM
MLS# DCDC2288586
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 brick multifamily property includes a vacant 3-bedroom, 3-bathroom unit and a separate finished basement apartment with 1 bedroom and 1 bathroom. Features include hardwood floors, recessed lighting, new windows, stainless steel appliances, quartz counters, and updated kitchen cabinetry, along with central air and forced-air heat. Final renovation work is underway. The 1,332-square-foot property was built in 1950 and sits on a 0.06-acre lot, with driveway parking.
The property is within walking distance of Catholic University and the Brookland Metro station. The owner is the developer and can customize remaining finishes.
The property is within walking distance of Catholic University and the Brookland Metro station. The owner is the developer and can customize remaining finishes.
Key Highlights
- Two residential units: a 3‑bedroom, 3‑bathroom main unit and a 1‑bedroom, 1‑bathroom finished basement apartment
- 1,332 square feet on a 0.06‑acre lot
- Brick construction; built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,200
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,000
$424.0K
Cap Rate 7%
$302,857
$302.9K
Cap Rate 9%
$235,556
$235.6K
Market Conditions
NOI Build-Up for 1,332 SF
Gross rent
$40.9K $30.72/SF
− Vacancy
−$2.4K −$1.78/SF
EGI
$38.5K $28.94/SF
− OpEx
−$17.3K −$13.02/SF
NOI
$21.2K $15.92/SF
Area
ZIP 20011
Vacancy
5.80%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,000
Cap Rate 7%
$302,857
Cap Rate 9%
$235,556
Alternative Uses
Best Use
Apartment 5plus
$302.9K
$265.0K – $353.3K
NOI $21,200 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$687.7K
$601.8K – $802.3K
NOI $48,140 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
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Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Washington, DC
Properties on Market for Multifamily properties in Washington
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two residential units include a three-bedroom main unit and a separate finished basement apartment.
Where is this multifamily property located?
The property is located at 217 WEBSTER Street NE Washington, DC.
What is the asking price?
The asking price for this property is $524,999.
What are key features of this property?
This property features: Two residential units: a 3‑bedroom, 3‑bathroom main unit and a 1‑bedroom, 1‑bathroom finished basement apartment; 1,332 square feet on a 0.06‑acre lot; Brick construction; built in 1950
