Renovated Multifamily Duplex
3151 Newton Street Northeast Washington, DC 20018
For Sale
$1,350,000
Renovated four-level residence with a fully separated lower-level apartment and private entrance.
Property Size5,062 SF
Price / SF$266.69
Days on Market156
Property Features for 3151 Newton Street Northeast
General Information
- Standard status
- Active
- Size
- 5,062 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1923
Listing Agency:
Keller Williams Capital Properties
(202) 210-8558
Listed By:
Yves Jean Baptiste · License #674819
(202) 210-8558
Source:
Compass
Added: Feb 19
Changed: Jul 23
Last Checked: Jul 25 at 12:28PM
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.
This renovated, four-level multifamily duplex residence includes a spacious main home plus a fully separated lower-level apartment. The main residence features expansive living areas with multiple bedrooms and bathrooms and updated finishes throughout. The lower-level apartment has its own private entrance and includes a full kitchen, living space, a bedroom, and a full bathroom, creating a distinct living arrangement within the same building.
Located in Washington, DC, the property is in city limits and falls within the District of Columbia Public Schools system. Dunbar High School is listed in the school information provided with this offering.
The layout supports either an owner-occupied setup with additional living space or a configuration that can support separate rental usage for the main home and the lower-level apartment, thanks to the separation and private entrance.
Located in Washington, DC, the property is in city limits and falls within the District of Columbia Public Schools system. Dunbar High School is listed in the school information provided with this offering.
The layout supports either an owner-occupied setup with additional living space or a configuration that can support separate rental usage for the main home and the lower-level apartment, thanks to the separation and private entrance.
Key Highlights
- Renovated four‑level residence with a fully separated lower‑level apartment and private entrance
- Main home offers multiple bedrooms and bathrooms with expansive living areas and an open floor plan
- Lower‑level apartment includes a full kitchen, living space, a bedroom, and a full bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.7k | $27.00 |
| − Vacancy | −$7.1k | −$1.40 |
| EGI | $129.6k | $25.60 |
| − OpEx | −$38.9k | −$7.68 |
| NOI | $90.7k | $17.92 |
5,062 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.13M – $1.51M
NOI $90,697 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,108 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$2.60M
$2.28M – $3.04M
NOI $182,261 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated four-level residence with a fully separated lower-level apartment and private entrance.
Where is this duplex located?
The property is located at 3151 Newton Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Renovated four‑level residence with a fully separated lower‑level apartment and private entrance; Main home offers multiple bedrooms and bathrooms with expansive living areas and an open floor plan; Lower‑level apartment includes a full kitchen, living space, a bedroom, and a full bathroom
