Townhome-Style Triplex
3721 9TH Street NW Washington, DC 20010
For Sale
$400,000
MULTI_FAMILY - WASHINGTON, DC
Property Size1,898 SF
Lot Size0.03 Acres
Price / SF$210.75
Days on Market59
Property Features for 3721 9TH Street NW
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Interior features
2nd Kitchen
Standard status
Active
Size
1,898 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
7052
Building Details
Year built
1925
Number of units
3
Building materials
Brick
Listing Agency:
A.J. Billig & Company
(410) 296-8440
Listed By:
Luis H Arrazola · License #676566
(410) 296-8440
Added: Jun 1
Changed: Jul 28
Last Checked: Jul 29 at 11:06PM
MLS# DCDC2265334
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Two-story townhome-style building arranged for three apartment units. The layout includes two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The property is being sold as a value-add opportunity and will require renovation and updates. One non-paying tenant currently occupies the top floor unit, while the remaining units will be delivered vacant at settlement.
Located at 3721 9TH Street NW in the Petworth neighborhood of Northwest Washington, DC.
Located at 3721 9TH Street NW in the Petworth neighborhood of Northwest Washington, DC.
Key Highlights
- Two‑story, townhome‑style brick building built in 1925 with three apartment units in Petworth, NW Washington, DC
- Unit mix: two 2BR/1BA units and one 1BR/1BA unit
- Interior feature includes a 2nd kitchen
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 building with three apartment units, requiring renovation, with one tenant currently not paying.
Where is this triplex located?
The property is located at 3721 9TH Street NW 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 brick building built in 1925 with three apartment units in Petworth, NW Washington, DC; Unit mix: two 2BR/1BA units and one 1BR/1BA unit; Interior feature includes a 2nd kitchen
