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Federal-Style Triplex
For Sale
$1,275,000

310 K Street NE, Washington, DC 20002

Multi-Family, WASHINGTON, DC

Property Size2,116 SF
Lot Size0.05 Acres
Price / SF$602.55
Days on Market86
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Property Features for 310 K Street NE

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features On Street
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 2,116 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 8143

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air

Building Details

Year built 1910
Number of units 3
Building materials Brick
Architectural style Federal
Listing Agency: EXP Realty, LLC
Listed By: Stefan Rahimian
Added: Jul 22 Changed: Oct 2 Last Checked: Oct 15 at 2:06PM
MLS# DCDC2272744

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.

This three-unit residential property at 310 K Street NE is offered as-is and contains 2,116 square feet. Built in 1910, the structure features Federal architectural styling, brick construction, hot-water heating, and central air conditioning. Each unit is separately configured, providing a multifamily layout with three residential spaces.

The property is located in Northeast Washington, DC, near Union Market, NoMa, the H Street Corridor, Union Station, and downtown Washington. Restaurants, breweries, shopping, entertainment, and Metro access are identified nearby. Parking is available on street, and the parcel measures 0.0499 acres.

Key Highlights

  • Three‑unit multifamily property offered as‑is
  • 2,116 square feet on a 0.0499‑acre parcel
  • 1910 construction with Federal architectural style

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 (±1% cap)
NOI $40,312 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$514.6K
$450.3K – $600.4K (±1% cap)
NOI $36,024 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$1.09M
$955.9K – $1.27M (±1% cap)
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

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods Nursing Home Tattoo & Piercing Shop Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,792
Businesses Nearby

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
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?
Triplex - Three-unit residential property offered as-is with brick construction, central air, and on-street parking.
Where is this triplex located?
The property is located at 310 K Street 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: Three‑unit multifamily property offered as‑is; 2,116 square feet on a 0.0499‑acre parcel; 1910 construction with Federal architectural style
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