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Brick Duplex
New
For Sale
$450,000

230 WEBSTER Street NE, Washington, DC 20011

Multi-Family, WASHINGTON, DC

Property Size1,672 SF
Lot Size0.06 Acres
Price / SF$269.14
Days on Market1

Property Features for 230 WEBSTER Street NE

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Subdivision BROOKLAND
Elementary school BUNKER HILL
Middle school BROOKLAND
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 1,672 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 33256

Utilities

Heating system Steam, Hot Water(Heating)
Cooling system Central Air

Building Details

Year built 1947
Number of units 3
Building materials Brick
Architectural style Contemporary
Listing Agency: EXP Realty, LLC
Listed By: Lenwood A Johnson · License #SP200200712
Added: Oct 29 Last Checked: Oct 29 at 3:06PM
MLS# DCDC2289784

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,672-square-foot brick duplex dates to 1947 and includes a basement. Central air serves the building, with steam and hot-water heating. Its previous layout contained two residences: one with a bedroom and one with three bedrooms.

The property is in Northeast Washington, near Brookland, Catholic University, and Metro service. It is zoned RA-1. A Board of Zoning Adjustment order previously granted special-exception relief for a proposed three-apartment arrangement, subject to approved plans and permitting. The order does not establish that the proposed configuration is currently permitted or approved for construction.

Key Highlights

  • 1,672‑square‑foot brick duplex built in 1947
  • Previous two‑unit layout included one‑bedroom and three‑bedroom residences
  • Central air, steam and hot‑water heating, and a basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,958
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,160 $599.2K
Cap Rate 7%
$427,971 $428.0K
Cap Rate 9%
$332,867 $332.9K
Market Conditions
NOI Build-Up for 1,672 SF
Gross rent
$45.1K $27.00/SF
− Vacancy
−$2.3K −$1.40/SF
EGI
$42.8K $25.60/SF
− OpEx
−$12.8K −$7.68/SF
NOI
$30.0K $17.92/SF
Area
ZIP 20011
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%
$599,160
Cap Rate 7%
$427,971
Cap Rate 9%
$332,867

Alternative Uses

Best Use
Multifamily LT 5
$428.0K
$374.5K – $499.3K (±1% cap)
NOI $29,958 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$380.2K
$332.7K – $443.5K (±1% cap)
NOI $26,612 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$863.3K
$755.4K – $1.01M (±1% cap)
NOI $60,428 @ 7.0% cap · market cap 13.43%
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
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Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby

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
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 - The 1,672-square-foot building includes central air and a basement.
Where is this duplex located?
The property is located at 230 WEBSTER Street NE Washington, DC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,672‑square‑foot brick duplex built in 1947; Previous two‑unit layout included one‑bedroom and three‑bedroom residences; Central air, steam and hot‑water heating, and a basement
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