Renovated Triplex in
For Sale
$675,000
273 56TH NE, Washington, DC 20019
Fully renovated triplex with strong rental potential in Deanwood.
Property Size1,736 SF
Lot Size0.05 Acres
Days on Market312
Property Features for 273 56TH NE
General Information
Standard status
Active
Size
1,736 SF
Lot size
0.05 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$4,987
Building Details
Building Size
1,736 SF
Year Built
1951
Listing Agency:
Supreme Properties DMV,LLC
Listed By:
Sonya P Estevez
(202) 500-1065
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 27
Last Checked: Oct 5 at 5:01PM
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 Supreme Properties DMV,LLC
Investment Insights
Based on property information with market context.
This is a renovated triplex located in Deanwood. The property features three units, each with two bedrooms and one bathroom. The building underwent a renovation in 2023. The brick construction provides durability and requires low maintenance. There is parking space for two vehicles. This property is positioned for rental demand and potential for appreciation.
Key Highlights
- Fully renovated in 2023, offering modern living spaces and appeal.
- Three 2‑bedroom, 1‑bath units, providing multiple income streams.
- Prime location in Deanwood, poised for strong rental demand.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,512
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,240
$670.2K
Cap Rate 7%
$478,743
$478.7K
Cap Rate 9%
$372,356
$372.4K
Market Conditions
NOI Build-Up for 1,736 SF
Gross rent
$51.0K $29.40/SF
− Vacancy
−$3.2K −$1.82/SF
EGI
$47.9K $27.58/SF
− OpEx
−$14.4K −$8.27/SF
NOI
$33.5K $19.30/SF
Area
ZIP 20019
Vacancy
6.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,240
Cap Rate 7%
$478,743
Cap Rate 9%
$372,356
Alternative Uses
Best Use
Multifamily LT 5
$478.7K
$418.9K – $558.5K
NOI $33,512 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$427.7K
$374.3K – $499.0K
NOI $29,941 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$932.9K
$816.3K – $1.09M
NOI $65,302 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
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
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Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated triplex with strong rental potential in Deanwood.
Where is this triplex located?
The property is located at 273 56TH NE Washington, DC.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Fully renovated in 2023, offering modern living spaces and appeal.; Three 2‑bedroom, 1‑bath units, providing multiple income streams.; Prime location in Deanwood, poised for strong rental demand.
