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    Tri-Plex Residential Income Property Title is generated by Realmo AI

    5135 MACARTHUR Boulevard NW, Washington, DC 20016

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    Claim this Listing
    For Sale
    $1,000,000

    MULTI_FAMILY - WASHINGTON, DC

    Property size:
    2,788 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $358/SF
    Added:
    Nov 3, 2024
    Days on Market:
    612
    Last Refresh:
    Jul 7 at 7:06 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
    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!

    Contact an agent
    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.

    HighLights

    • Mixed‑use zoning (MU‑3), allowing for residential or light commercial use, plus flexibility for an owner occupant or investor project
    • Currently configured as a tri‑plex with three separate units designed for privacy and comfort
    • Brick construction, built in 1927
    • Heating: forced air; cooling: central air
    • Kitchen and laundry appliances included: cooktop, refrigerator, stacked washer/dryer, and stove
    • Off‑street parking available with a driveway

    Overview

    This property is currently designed as a tri-plex, configured to provide three separate residential units within a single building. The layout is described as arranged to maximize privacy and comfort, supporting a live-in arrangement where one unit can be occupied while the others are used to generate rental income. The listing also references MU-3 mixed-use zoning potential, along with the possibility of using a 203K/Renovation loan for renovation.

    Located at 5135 MacArthur Boulevard NW in Washington, DC (20016), the property sits on a vibrant stretch of MacArthur Boulevard in a tree-lined neighborhood. Public remarks indicate convenient access to public transit, along with nearby cafes and boutique shops.

    For tenants, buyers, or owner-occupants seeking a multi-unit setup, the tri-plex configuration can support multiple household needs under one ownership. For investors or renovation-focused operators, the MU-3 zoning potential highlighted in the remarks may offer additional flexibility compared with a strictly residential use. This is also offered as a short sale, with all offers welcomed per the public remarks.

    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 5.00%
    Second Best
    Apartment 5plus
    $661.8K
    $579.1K – $772.1K (±1% cap)
    NOI $46,324 @ 7.0% cap · market cap 4.63%
    Theoretical Best
    Office A
    $1.43M
    $1.25M – $1.67M (±1% cap)
    NOI $100,384 @ 7.0% cap · market cap 10.04%
    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 - For-sale tri-plex with MU-3 mixed-use potential, offering an owner-occupant setup or income-focused residential arrangement.
    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 $1,000,000.
    What are key features of this property?
    This property features: Mixed‑use zoning (MU‑3), allowing for residential or light commercial use, plus flexibility for an owner occupant or investor project; Currently configured as a tri‑plex with three separate units designed for privacy and comfort; Brick construction, built in 1927
    More about this property
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