Capitol Hill Duplex Investment
For Sale
Contact for pricing
330 20th St NE, Washington, DC 20002
Two-unit residential home near H Street Corridor with strong income.
Property Size1,400 SF
Price / SF$451.29
Days on Market665
Property Features for 330 20th St NE
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Multifamily
Building Details
Year Built
1941
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
(202) 270-6368
Listed By:
Peter Grimm · License #SP98366089
Source:
Crexi
Added: Oct 4, 2024
Changed: Jul 6
Last Checked: Jul 30 at 11:56AM
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 Berkshire Hathaway HomeServices PenFed Realty
Investment Insights
Based on property information with market context.
This two-unit residential home is located in Capitol Hill, near the $4B Washington Commanders Stadium Redevelopment in NE DC. The property is investment-ready with strong annual rental income. It is located in-bounds for Maury Elementary School, just steps from the H Street Corridor, Union Market, Langston Golf Course, Stadium-Armory Metro Station, and Lincoln Park. The location provides easy access to bike trails, Kingman & Heritage Islands, and the Fields at RFK. Each unit features private laundry, updated kitchens, refinished hardwoods, efficient radiator heat, and newer double-pane windows. The property sits on a deep lot with private outdoor space and possible parking. It is separately metered with a Certificate of Occupancy in place. This 1400 square foot property is suitable for buyers seeking DC duplex rentals, Capitol Hill cash-flow properties, or long-term appreciation in Washington DC real estate.
Key Highlights
- Strong annual rental income from turn‑key duplex.
- Located near the $4B Washington Commanders Stadium Redevelopment.
- In‑bounds for Maury Elementary School.
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 | $40.3k | $28.80 |
| − Vacancy | −$2.2k | −$1.58 |
| EGI | $38.1k | $27.22 |
| − OpEx | −$11.4k | −$8.16 |
| NOI | $26.7k | $19.05 |
1,400 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$381.0K
$333.4K – $444.5K
NOI $26,672 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$340.5K
$297.9K – $397.3K
NOI $23,835 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$722.8K
$632.5K – $843.3K
NOI $50,598 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,189
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential home near H Street Corridor with strong income.
Where is this duplex located?
The property is located at 330 20th St NE Washington, DC.
What is the asking price?
The asking price for this property is $631,800.
What are key features of this property?
This property features: Strong annual rental income from turn‑key duplex.; Located near the $4B Washington Commanders Stadium Redevelopment.; In‑bounds for Maury Elementary School.
