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Vacant Two-Unit Rowhome Duplex
For Sale
$1,075,000

3639 New Hampshire Ave NW, Washington, DC 20010

Vacant two-unit rowhome with separate metering and Certificates of Occupancy, offering a primary unit plus a fully separate lower level.

Property Size3,148 SF
Price / SF$341.49
Days on Market101

Property Features for 3639 New Hampshire Ave NW

General Information

Standard status Active
Size 3,148 SF
Property subtype Multi-Family

Site & Location

Neighborhood Park View

Building Details

Year Built 1911
Listing Agency: RLAH @properties
Listed By: Jason C Lallis · License #AB98375681
Source: Hargreaveshomesales
Added: Jul 18 Changed: Oct 25 Last Checked: Oct 7 at 1:06PM

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 RLAH @properties

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Investment Insights

Based on property information with market context.

This vacant two-unit rowhome duplex is prominently positioned on a corner lot at 3639 New Hampshire Avenue NW in Washington, DC. Both units are separately metered and come with Certificates of Occupancy. The upper/main residence is light-filled with three exposures and features 4 bedrooms and 3.5 baths, an open kitchen and dining area connected to a private living room, solid oak floors, a fireplace, and main-level laundry. Upstairs, the layout includes two primary suites with en-suite baths, plus two additional bedrooms and a full hall bath. A spacious composite deck supports outdoor living.

The lower level offers an approximately 1,100+ square-foot fully separate 2BR/2.5BA unit with its own complete kitchen, in-unit laundry, and an open, light-filled layout.

For parking, a nearby garage option is available about a 4-minute walk away, with monthly spaces offered.

Key Highlights

  • Vacant two‑unit DC rowhome with Certificates of Occupancy and separate metering
  • Main residence: 4 bedrooms, 3.5 baths, solid oak floors, fireplace, main‑level laundry, and open kitchen/dining
  • Upper level includes two primary suites with en‑suite baths, plus two additional bedrooms and a full hall bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,403
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,060 $1.1M
Cap Rate 7%
$805,757 $805.8K
Cap Rate 9%
$626,700 $626.7K
Market Conditions
NOI Build-Up for 3,148 SF
Gross rent
$85.0K $27.00/SF
− Vacancy
−$4.4K −$1.40/SF
EGI
$80.6K $25.60/SF
− OpEx
−$24.2K −$7.68/SF
NOI
$56.4K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,060
Cap Rate 7%
$805,757
Cap Rate 9%
$626,700

Alternative Uses

Best Use
Multifamily LT 5
$805.8K
$705.0K – $940.1K (±1% cap)
NOI $56,403 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$747.2K
$653.8K – $871.8K (±1% cap)
NOI $52,306 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,346 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

3,917
Businesses Nearby

Demographics for 20010, DC

32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
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?
Duplex - Vacant two-unit rowhome with separate metering and Certificates of Occupancy, offering a primary unit plus a fully separate lower level.
Where is this duplex located?
The property is located at 3639 New Hampshire Ave NW Washington, DC.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Vacant two‑unit DC rowhome with Certificates of Occupancy and separate metering; Main residence: 4 bedrooms, 3.5 baths, solid oak floors, fireplace, main‑level laundry, and open kitchen/dining; Upper level includes two primary suites with en‑suite baths, plus two additional bedrooms and a full hall bath
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