Renovated Two-Level
For Sale
$500,000
3206 LOUD PLACE SE, Washington, DC 20019
Separate living levels support extended occupancy, rental use, or privacy within a cottage-style residential property.
Property Size1,229 SF
Days on Market59
Property Features for 3206 LOUD PLACE SE
General Information
Standard status
Active
Size
1,229 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$2,807
Building Details
Building Size
1,229 SF
Year Built
1925
Listing Agency:
Keller Williams Preferred Properties
(301) 377-1530
Listed By:
Samantha Johnson · License #SP200201489
(301) 377-1530
Source:
Kwcapitalproperties
Added: Jun 17
Changed: Aug 14
Last Checked: Aug 14 at 12:42PM
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 Preferred Properties
Investment Insights
Based on property information with market context.
Renovated duplex configured across upper and lower levels, with one bedroom and one full bath on each floor. The cottage-style layout provides distinct living areas suited to extended living, rental use, or separation between occupants. Interior improvements and abundant natural light complement the practical floor plan.
Outdoor features include a side yard and a fenced backyard, along with secure storage beneath the home. The property was built in 1925 and is located near Fort Dupont Park, hiking trails, and green space. Major Washington, DC roads and I-295 are accessible, with Capitol Hill, Anacostia, and Navy Yard approximately 10 minutes away. The Joy Evans Therapeutic Recreation Center is within walking distance, while nearby conveniences include restaurants, fitness facilities, banks, and convenience stores.
Outdoor features include a side yard and a fenced backyard, along with secure storage beneath the home. The property was built in 1925 and is located near Fort Dupont Park, hiking trails, and green space. Major Washington, DC roads and I-295 are accessible, with Capitol Hill, Anacostia, and Navy Yard approximately 10 minutes away. The Joy Evans Therapeutic Recreation Center is within walking distance, while nearby conveniences include restaurants, fitness facilities, banks, and convenience stores.
Key Highlights
- Renovated duplex with one bedroom and one full bath on each level
- Two distinct living levels support extended living, rental use, or added privacy
- Side yard plus fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,725
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$474,500
$474.5K
Cap Rate 7%
$338,929
$338.9K
Cap Rate 9%
$263,611
$263.6K
Market Conditions
NOI Build-Up for 1,229 SF
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.
Gross rent
$36.1K $29.40/SF
− Vacancy
−$2.2K −$1.82/SF
EGI
$33.9K $27.58/SF
− OpEx
−$10.2K −$8.27/SF
NOI
$23.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$474,500
Cap Rate 7%
$338,929
Cap Rate 9%
$263,611
Alternative Uses
Best Use
Multifamily LT 5
$338.9K
$296.6K – $395.4K
NOI $23,725 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$302.8K
$265.0K – $353.3K
NOI $21,197 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$660.4K
$577.9K – $770.5K
NOI $46,231 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
473
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate living levels support extended occupancy, rental use, or privacy within a cottage-style residential property.
Where is this duplex located?
The property is located at 3206 LOUD PLACE SE Washington, DC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Renovated duplex with one bedroom and one full bath on each level; Two distinct living levels support extended living, rental use, or added privacy; Side yard plus fenced backyard
