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    Two-Story Triplex with Three Units Title is generated by Realmo AI

    3721 9th Street Northwest, Washington, DC 20010

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    For Sale
    $400,000

    Two-story townhome-style triplex offers renovation opportunities with two two-bedroom units and one one-bedroom unit.

    Type:Multi-Family / Fee Simple
    Property size:
    1,898 SF
    Price / SF:
    $210/SF
    Added:
    May 31, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 6 at 5:55 am

    Property Features for 3721 9th Street Northwest

    General Information

    Standard status
    Active
    Size
    1,898 SF
    Property subtype
    Multi-Family / Fee Simple

    Building Details

    Year Built
    1925

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    Listing Contact
    Luis H Arrazola

    Listing agent Luis H Arrazola License #676566

    Listing office A.J. Billig & Company

    Listing date May 31, 2026

    Source Compass

    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 A.J. Billig & Company

    HighLights

    • Two‑story townhome‑style triplex with 3 apartment units
    • Unit mix: two 2 bed/1 bath units and one 1 bed/1 bath unit
    • Value‑add building requires renovation and updates; one non‑paying tenant occupies the top floor unit
    • Remaining units will be delivered vacant at settlement
    • Year built: 1925
    • Interior feature includes a 2nd kitchen; exterior includes porch(es)

    Overview

    This two-story, townhome-style triplex is arranged for three apartment units. The layout includes two two-bedroom, one-bath units and one one-bedroom, one-bath unit. The property requires renovation and updates, creating a value-add opportunity for an investor or buyer looking to reposition the asset.

    Located in the Petworth neighborhood of Northwest Washington, DC, the building is situated in city limits. An online auction process is in place: bidding opens Monday, July 13, 2026, and closes Tuesday, July 14, 2026 at 11:00 AM, with the listed figure serving as an opening bid only.

    At settlement, one non-paying tenant currently occupies the top floor unit, while the remaining units will be delivered vacant. For qualified buyers, the combination of unit mix and delivered-vacancy plan supports straightforward leasing and repositioning after required renovations and updates are completed.

    Local 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 $51.2k $27.00
    − Vacancy −$2.7k −$1.40
    EGI $48.6k $25.60
    − OpEx −$14.6k −$7.68
    NOI $34.0k $17.92
    1,898 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $485.8K
    $425.1K – $566.8K (±1% cap)
    NOI $34,007 @ 7.0% cap · market cap 8.50%
    Second Best
    Apartment 5plus
    $450.5K
    $394.2K – $525.6K (±1% cap)
    NOI $31,536 @ 7.0% cap · market cap 7.88%
    Theoretical Best
    Office A
    $976.3K
    $854.2K – $1.14M (±1% cap)
    NOI $68,339 @ 7.0% cap · market cap 17.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.0251125
    Latitude
    38.9367027

    FAQs

    What type of property is this?
    Triplex - Two-story townhome-style triplex offers renovation opportunities with two two-bedroom units and one one-bedroom unit.
    Where is this triplex located?
    The property is located at 3721 9th Street Northwest Washington, DC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Two‑story townhome‑style triplex with 3 apartment units; Unit mix: two 2 bed/1 bath units and one 1 bed/1 bath unit; Value‑add building requires renovation and updates; one non‑paying tenant occupies the top floor unit
    More about this property
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