Duplex With Three Living
For Sale
$1,140,000
760 Lamont Street NW, Washington, DC 20010
Three distinct interiors include private entrances, outdoor decks, and gated off-street parking.
Property Size3,497 SF
Price / SF$325.99
Days on Market19
Property Features for 760 Lamont Street NW
General Information
Standard status
Active
Size
3,497 SF
Total Parking Spaces
4
Property subtype
Multi-family
Lease Term
[]
Units
Unit Mix
1 x 4BR/2.5BA, 1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Amenities
multi-level outdoor living
private rear decks
private deck
gated compound
solar panels
Building Details
Year Built
1911
Listing Agency:
Realty One Group Performance,LLC
(202) 256-5964
Listed By:
RUSSELL F BROWN · License #SP98377919
Source:
Deepcreeklake
Added: Aug 11
Changed: Aug 28
Last Checked: Aug 26 at 10:22AM
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 Realty One Group Performance,LLC
Investment Insights
Based on property information with market context.
Built in 1911, this duplex is arranged with three separate living spaces, each offering independent entry and dual means of egress. The principal residence includes 4 bedrooms, 2.5 bathrooms, and two rear decks. A newly completed 800-square-foot top-floor loft adds 2 bedrooms, 2 full bathrooms, a private deck, panoramic windows, and plumbing prepared for a future kitchen installation. The lower-level space provides 1 bedroom plus a den and opens directly to the rear grounds.
The gated property includes a large rear yard, multi-level outdoor areas, and off-street parking for up to four vehicles with separate automotive and pedestrian access. A fully owned roof-mounted solar photovoltaic array conveys with the property. The home is located near the 11th Street dining corridor, Bruce Monroe Park, DC USA, Columbia Heights Metro station, Capital Bikeshare, Zipcar, and frequent bus service to downtown Washington, DC.
The gated property includes a large rear yard, multi-level outdoor areas, and off-street parking for up to four vehicles with separate automotive and pedestrian access. A fully owned roof-mounted solar photovoltaic array conveys with the property. The home is located near the 11th Street dining corridor, Bruce Monroe Park, DC USA, Columbia Heights Metro station, Capital Bikeshare, Zipcar, and frequent bus service to downtown Washington, DC.
Key Highlights
- Three living spaces within a legally configured duplex, each with independent entrances and dual egress
- 800 sq. ft. top‑floor loft completed in 2025 with 2 bedrooms, 2 full bathrooms, and private deck
- Main residence offers 4 bedrooms, 2.5 bathrooms, and two rear decks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,656
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,253,120
$1.3M
Cap Rate 7%
$895,086
$895.1K
Cap Rate 9%
$696,178
$696.2K
Market Conditions
NOI Build-Up for 3,497 SF
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.
Gross rent
$94.4K $27.00/SF
− Vacancy
−$4.9K −$1.40/SF
EGI
$89.5K $25.60/SF
− OpEx
−$26.9K −$7.68/SF
NOI
$62.7K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,253,120
Cap Rate 7%
$895,086
Cap Rate 9%
$696,178
Alternative Uses
Best Use
Multifamily LT 5
$895.1K
$783.2K – $1.04M
NOI $62,656 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$830.1K
$726.3K – $968.4K
NOI $58,104 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M
NOI $125,912 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
5,017
Businesses Nearby
Explore this area
Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Three distinct interiors include private entrances, outdoor decks, and gated off-street parking.
Where is this duplex located?
The property is located at 760 Lamont Street NW Washington, DC.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: Three living spaces within a legally configured duplex, each with independent entrances and dual egress; 800 sq. ft. top‑floor loft completed in 2025 with 2 bedrooms, 2 full bathrooms, and private deck; Main residence offers 4 bedrooms, 2.5 bathrooms, and two rear decks
