Triplex with Off-Street
For Sale
$1,195,000
219 P Street NW, Washington, DC 20001
MULTI_FAMILY - Federal - WASHINGTON, DC
Property Size2,800 SF
Lot Size0.04 Acres
Price / SF$426.79
Days on Market70
Property Features for 219 P Street NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
1
Parking features
Garage - Attached, Fenced
Interior features
Bathroom - Tub Shower, Carpet, Combination Kitchen/Living, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Table Space, Recessed Lighting, Wine Storage, Skylight(s)
Appliances
Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, WaterHeater, Washer/Dryer Stacked
Subdivision
TRUXTON CIRCLE
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
2,800 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7867
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1906
Number of units
2
Building materials
Brick
Architectural style
Federal
Additional Structures
Storage
Listing Agency:
Keller Williams Capital Properties · Keller Williams Realty
(202) 243-7700
Listed By:
Ty Voyles · License #SP215171
(202) 725-8983
Added: May 22
Changed: Jul 13
Last Checked: Jul 30 at 7:06PM
MLS# DCDC2263356
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.
219 P Street NW is a for-sale triplex currently configured as three units, with a Certificate of Occupancy for two. The property includes two 2-bedroom, 2-bath residences, along with a lower-level 1-bedroom, 1-bath unit, creating an owner-occupant option or a multi-tenant rental setup depending on how the units are managed. Secure off-street parking is also available.
The property is located in Washington, DC 20001, in the Truxton Circle area. Access is described as convenient to New York Avenue, North Capitol Street, and Florida Avenue. The NoMa-Gallaudet U Metro station is referenced as nearby, supporting straightforward connectivity throughout the city.
For buyers seeking a small multi-family asset, the existing unit mix offers practical flexibility for occupancy and leasing. The combination of two larger 2-bedroom layouts and a separate 1-bedroom unit can support tenant diversification, while the Certificate of Occupancy for two should be reviewed alongside any intended use for the third unit. Off-street parking adds a tangible amenity for residents in an urban setting, and the property’s straightforward three-unit configuration is well suited to operators who want a manageable scale while working within the provided occupancy framework.
The property is located in Washington, DC 20001, in the Truxton Circle area. Access is described as convenient to New York Avenue, North Capitol Street, and Florida Avenue. The NoMa-Gallaudet U Metro station is referenced as nearby, supporting straightforward connectivity throughout the city.
For buyers seeking a small multi-family asset, the existing unit mix offers practical flexibility for occupancy and leasing. The combination of two larger 2-bedroom layouts and a separate 1-bedroom unit can support tenant diversification, while the Certificate of Occupancy for two should be reviewed alongside any intended use for the third unit. Off-street parking adds a tangible amenity for residents in an urban setting, and the property’s straightforward three-unit configuration is well suited to operators who want a manageable scale while working within the provided occupancy framework.
Key Highlights
- 3‑unit property at 219 P St NW; currently configured as three units with a Certificate of Occupancy for two
- Unit mix includes two 2‑bedroom, 2‑bath residences plus a lower‑level 1‑bedroom, 1‑bath unit
- Brick construction with Federal architectural style, built in 1906
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 | $75.6k | $27.00 |
| − Vacancy | −$3.9k | −$1.40 |
| EGI | $71.7k | $25.60 |
| − OpEx | −$21.5k | −$7.68 |
| NOI | $50.2k | $17.92 |
2,800 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$716.7K
$627.1K – $836.1K
NOI $50,168 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$664.6K
$581.5K – $775.4K
NOI $46,523 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,816 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,078
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Triplex configured as three units, with a Certificate of Occupancy for two, plus secure off-street parking.
Where is this triplex located?
The property is located at 219 P Street NW Washington, DC.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 3‑unit property at 219 P St NW; currently configured as three units with a Certificate of Occupancy for two; Unit mix includes two 2‑bedroom, 2‑bath residences plus a lower‑level 1‑bedroom, 1‑bath unit; Brick construction with Federal architectural style, built in 1906
