Duplex Townhome with Rooftop
For Sale
$899,900
2503 BURNS ST SE, Washington, DC 20020
Two separate residences combine flexible occupancy with updated finishes and private outdoor areas.
Property Size2,400 SF
Price / SF$347.32
Days on Market66
Property Features for 2503 BURNS ST SE
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi-family
Amenities
private backyard access
rooftop deck
Building Details
Year Built
2023
Buildings
1
Building Size
2,400 SF
Listing Agency:
Keller Williams Capital Properties
(202) 243-7700
Listed By:
Lee Gochman · License #676238
(631) 356-4276
Source:
Hostetterrealty
Added: Aug 2
Changed: Sep 29
Last Checked: Oct 5 at 6:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
Built as a two-unit townhome property, this duplex provides independent lower and upper residences without condo or HOA fees. The lower unit includes two bedrooms, two bathrooms, and access to a private backyard. The upper residence offers three bedrooms, three bathrooms, three finished levels, and a rooftop deck with views toward the DC skyline. Both units feature quartz countertops, stainless-steel appliances, engineered hardwood flooring, recessed lighting, and efficient mechanical systems. One designated area in the lower unit permits limited flooring and bathroom customization, while the remaining spaces are finished and move-in ready.
The property is located at 2503 Burns Street SE in Washington, DC, approximately 1 mile from Potomac Ave Metro. The location also provides access to Navy Yard, Capitol Hill, and major redevelopment activity, including the upcoming Commanders Stadium. The property is zoned R and is exempt from rent control.
The property is located at 2503 Burns Street SE in Washington, DC, approximately 1 mile from Potomac Ave Metro. The location also provides access to Navy Yard, Capitol Hill, and major redevelopment activity, including the upcoming Commanders Stadium. The property is zoned R and is exempt from rent control.
Key Highlights
- Two fully independent duplex units without condo or HOA fees
- Lower unit has 2 bedrooms, 2 baths, and private backyard access
- Upper unit includes 3 bedrooms, 3 baths, three finished levels, and a rooftop deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,787
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,740
$915.7K
Cap Rate 7%
$654,100
$654.1K
Cap Rate 9%
$508,744
$508.7K
Market Conditions
NOI Build-Up for 2,591 SF
Gross rent
$70.0K $27.00/SF
− Vacancy
−$4.5K −$1.76/SF
EGI
$65.4K $25.25/SF
− OpEx
−$19.6K −$7.57/SF
NOI
$45.8K $17.67/SF
Area
ZIP 20020
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,740
Cap Rate 7%
$654,100
Cap Rate 9%
$508,744
Alternative Uses
Best Use
Multifamily LT 5
$654.1K
$572.3K – $763.1K
NOI $45,787 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$584.3K
$511.3K – $681.7K
NOI $40,903 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,642 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences combine flexible occupancy with updated finishes and private outdoor areas.
Where is this duplex located?
The property is located at 2503 BURNS ST SE Washington, DC.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two fully independent duplex units without condo or HOA fees; Lower unit has 2 bedrooms, 2 baths, and private backyard access; Upper unit includes 3 bedrooms, 3 baths, three finished levels, and a rooftop deck
