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    Tri-Plex with MU-3 Zoning Title is generated by Realmo AI

    5135 MACARTHUR Boulevard NW, Washington, DC 20016

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    Claim this Listing
    For Sale
    Under Contract
    $955,000

    MULTI_FAMILY - WASHINGTON, DC

    Property size:
    2,788 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $342/SF
    Added:
    Nov 3, 2024
    Days on Market:
    598
    Last Refresh:
    Jun 23 at 10:06 am

    Property Features for 5135 MACARTHUR Boulevard NW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    3
    Parking features
    Driveway
    Appliances
    Cooktop, Refrigerator, Washer/Dryer Stacked, Stove
    Standard status
    Active Under Contract
    Size
    2,788 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    16511

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1927
    Number of units
    3
    Building materials
    Brick

    We can help!

    Listing Contact
    Yves Jean Baptiste

    Listing agent Yves Jean Baptiste License #674819

    Listing office Keller Williams Capital Properties 519 C Street, WASHINGTON, DC

    Listing date Nov 3, 2024

    MLS# DCDC2166872 Listing URL

    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.


    Overview

    This property is currently configured as a tri-plex, providing separate residential units within one building. It’s offered as a short sale, giving buyers an opportunity to pursue renovation and reconfiguration based on the property’s existing setup.

    The property is located at 5135 Macarthur Boulevard NW in Washington, DC 20016. It sits on Macarthur Boulevard NW, where the area is described as having convenient public transit access and nearby retail and dining options within a tree-lined neighborhood context.

    Zoned for mixed-use (MU-3), the property may support flexibility for residential or light commercial purposes, subject to applicable approvals. That adaptability can appeal to owner-occupants and investors looking for a multi-unit format while working within the MU-3 zoning framework to shape how the space is ultimately used.

    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 $75.3k $27.00
    − Vacancy −$3.9k −$1.40
    EGI $71.4k $25.60
    − OpEx −$21.4k −$7.68
    NOI $50.0k $17.92
    2,788 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $713.6K
    $624.4K – $832.6K (±1% cap)
    NOI $49,953 @ 7.0% cap · market cap 5.23%
    Second Best
    Apartment 5plus
    $661.8K
    $579.1K – $772.1K (±1% cap)
    NOI $46,324 @ 7.0% cap · market cap 4.85%
    Theoretical Best
    Office A
    $1.43M
    $1.25M – $1.67M (±1% cap)
    NOI $100,384 @ 7.0% cap · market cap 10.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.10189
    Latitude
    38.92582

    FAQs

    What type of property is this?
    Triplex - Tri-plex for sale with mixed-use (MU-3) zoning, offering adaptable options for residential or light commercial use.
    Where is this triplex located?
    The property is located at 5135 MACARTHUR Boulevard NW Washington, DC.
    What is the asking price?
    The asking price for this property is $955,000.
    More about this property
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