Three-Unit
For Sale
$1,275,000
310 K St Ne, Washington, DC 20002
Offered as-is with three separate residential units for rental or owner-occupant use.
Property Size2,116 SF
Price / SF$602.55
Days on Market92
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Property Features for 310 K St Ne
General Information
Standard status
Active
Size
2,116 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,143
Listing Agency:
EXP Realty, LLC
(833) 335-7433
Listed By:
Stefan Rahimian
(703) 860-4357
Source:
Exprealty
Added: Jul 16
Changed: Oct 3
Last Checked: Oct 15 at 4:09AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
Located at 310 K St NE in Washington, DC, this 2,116-square-foot triplex contains three distinct residential units and is offered as-is. The configuration supports separate rental occupancy, living in one unit while leasing the others, or multigenerational use, subject to applicable requirements.
The property is positioned in Northeast DC, just minutes from Union Market, NoMa, and the H Street Corridor. Union Station, downtown Washington, restaurants, breweries, boutique retail, entertainment, and Metro are also identified as nearby destinations. The asset offers a three-unit residential format in an established urban setting with direct proximity to these commercial and transportation areas.
The property is positioned in Northeast DC, just minutes from Union Market, NoMa, and the H Street Corridor. Union Station, downtown Washington, restaurants, breweries, boutique retail, entertainment, and Metro are also identified as nearby destinations. The asset offers a three-unit residential format in an established urban setting with direct proximity to these commercial and transportation areas.
Key Highlights
- 2,116‑square‑foot triplex with three separate residential units
- Offered as‑is for repositioning, rental occupancy, or owner‑occupant use
- Located at 310 K St NE in Washington, DC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,312
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,240
$806.2K
Cap Rate 7%
$575,886
$575.9K
Cap Rate 9%
$447,911
$447.9K
Market Conditions
NOI Build-Up for 2,116 SF
Gross rent
$60.9K $28.80/SF
− Vacancy
−$3.4K −$1.58/SF
EGI
$57.6K $27.22/SF
− OpEx
−$17.3K −$8.16/SF
NOI
$40.3K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,240
Cap Rate 7%
$575,886
Cap Rate 9%
$447,911
Alternative Uses
Best Use
Multifamily LT 5
$575.9K
$503.9K – $671.9K
NOI $40,312 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$514.6K
$450.3K – $600.4K
NOI $36,024 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$1.09M
$955.9K – $1.27M
NOI $76,475 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
5,792
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Offered as-is with three separate residential units for rental or owner-occupant use.
Where is this triplex located?
The property is located at 310 K St Ne Washington, DC.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 2,116‑square‑foot triplex with three separate residential units; Offered as‑is for repositioning, rental occupancy, or owner‑occupant use; Located at 310 K St NE in Washington, DC
