Two-Story Triplex with Three
3721 9th Street Northwest Washington, DC 20010
For Sale
$400,000
Two-story townhome-style triplex offers renovation opportunities with two two-bedroom units and one one-bedroom unit.
Property Size1,898 SF
Price / SF$210.75
Days on Market65
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
Listing Agency:
A.J. Billig & Company
(410) 296-8440
Listed By:
Luis H Arrazola · License #676566
(410) 296-8440
Source:
Compass
Added: May 26
Changed: Jul 10
Last Checked: Jul 29 at 1:20PM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $34,007 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$450.5K
$394.2K – $525.6K
NOI $31,536 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$976.3K
$854.2K – $1.14M
NOI $68,339 @ 7.0% cap · market cap 17.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
