Brick Duplex with Two
528 Hobart Place NW Washington, DC 20001
For Sale
$810,000
Two-unit duplex with separate meters and private front and rear entrances, including a 2/2 upper and 2/1 lower.
Property Size1,400 SF
Price / SF$578.57
Days on Market135
Property Features for 528 Hobart Place NW
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Multi-Family
Building Details
Year Built
1916
Listing Agency:
Shoreline Properties
(609) 304-2314
Listed By:
Christopher Twardy · License #1540241
(609) 304-2314
Source:
Thetristaterealestategroup
Added: Mar 18
Changed: Jul 22
Last Checked: Jul 29 at 4:09AM
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 Shoreline Properties
Investment Insights
Based on property information with market context.
This all-brick duplex is configured as two distinct residential units with separate utilities. The upper unit (528) features two bedrooms and two baths, an interior stair layout, and a skylit kitchen. The lower unit (530) offers two bedrooms and one bath with its own convenient layout. Both units have private front and rear entrances to support privacy and day-to-day functionality.
The property is located at 528 Hobart Place NW in Washington, DC. It offers on-street parking and rear alley access. A washer and dryer hookup is already in place in one of the units.
Both units are separately metered, which can help streamline ownership and support flexibility for investors or owner-occupants. The listing is sold strictly as-is and there is no HOA.
The property is located at 528 Hobart Place NW in Washington, DC. It offers on-street parking and rear alley access. A washer and dryer hookup is already in place in one of the units.
Both units are separately metered, which can help streamline ownership and support flexibility for investors or owner-occupants. The listing is sold strictly as-is and there is no HOA.
Key Highlights
- Two‑unit duplex (rowhome) with separate meters for each unit
- Upper unit (528): 2 bed, 2 bath with interior stairs and a skylit kitchen
- Lower unit (530): 2 bed, 1 bath with convenient access
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 | $37.8k | $27.00 |
| − Vacancy | −$2.0k | −$1.40 |
| EGI | $35.8k | $25.60 |
| − OpEx | −$10.8k | −$7.68 |
| NOI | $25.1k | $17.92 |
1,400 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$358.3K
$313.6K – $418.1K
NOI $25,084 @ 7.0% cap · market cap 3.10%
Second Best
Apartment 5plus
$332.3K
$290.8K – $387.7K
NOI $23,262 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$720.1K
$630.1K – $840.1K
NOI $50,408 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with separate meters and private front and rear entrances, including a 2/2 upper and 2/1 lower.
Where is this duplex located?
The property is located at 528 Hobart Place NW Washington, DC.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: Two‑unit duplex (rowhome) with separate meters for each unit; Upper unit (528): 2 bed, 2 bath with interior stairs and a skylit kitchen; Lower unit (530): 2 bed, 1 bath with convenient access
