Duplex Property with Owned
New
For Sale
$1,140,000
760 LAMONT Street NW, Washington, DC 20010
MULTI_FAMILY - Federal - WASHINGTON, DC
Property Size3,497 SF
Lot Size0.05 Acres
Price / SF$325.99
Days on Market2
Property Features for 760 LAMONT Street NW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement, Dining Room
Parking
4
Parking features
Driveway, Off Street
Interior features
2nd Kitchen, Additional Stairway, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Bathroom - Soaking Tub, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Recessed Lighting, Sound System, Wood Floors
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer, Washer/Dryer Stacked, WaterHeater
Subdivision
COLUMBIA HEIGHTS
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Size
3,497 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8442
Utilities
Heating system
Other (Heating)
Cooling system
Wall Unit(s)
Amenities
private decks
rear yard
gated compound
solar photovoltaic array
Building Details
Year built
1911
Number of units
2
Building materials
Brick
Architectural style
Federal
Listing Agency:
Realty One Group Performance, LLC
(240) 583-1183
Listed By:
RUSSELL F BROWN · License #SP98377919
(202) 256-5964
Added: Aug 12
Last Checked: Aug 13 at 4:06PM
MLS# DCDC2278266
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.
This Federal-style brick duplex, built in 1911, is arranged as three distinct living areas within a legally configured two-unit property. The middle residence offers four bedrooms, 2.5 bathrooms, wood floors, an open floor plan, and two rear decks. A completed 800-square-foot penthouse loft adds two bedrooms, two full bathrooms, panorama windows, a private deck, and plumbing for a future kitchen. The lower-level suite includes one bedroom plus a den and opens to the rear grounds.
The gated exterior includes multi-level decks, a substantial rear yard, and off-street parking for up to four vehicles. A fully owned roof-mounted solar photovoltaic array conveys with the property. The home sits near the 11th Street dining corridor, with Columbia Heights Metro 0.5 miles away, a Capital Bikeshare station one block away, and frequent bus service within 0.5 and 1.5 blocks. The property occupies 0.0545 acres at 760 Lamont Street NW in Washington, DC 20010.
The gated exterior includes multi-level decks, a substantial rear yard, and off-street parking for up to four vehicles. A fully owned roof-mounted solar photovoltaic array conveys with the property. The home sits near the 11th Street dining corridor, with Columbia Heights Metro 0.5 miles away, a Capital Bikeshare station one block away, and frequent bus service within 0.5 and 1.5 blocks. The property occupies 0.0545 acres at 760 Lamont Street NW in Washington, DC 20010.
Key Highlights
- Three distinct living areas within a legally configured two‑unit property
- 800 sq. ft. penthouse loft completed in 2025
- Gated off‑street parking for up to four vehicles
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
2
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 - Legally configured duplex with three separate living areas, private decks, gated parking, and a completed penthouse loft.
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 distinct living areas within a legally configured two‑unit property; 800 sq. ft. penthouse loft completed in 2025; Gated off‑street parking for up to four vehicles
