Duplex with Private
769 GRESHAM Place NW, Washington, DC 20001
For Sale
$899,900
Multi-Family, WASHINGTON, DC
Property Size1,548 SF
Lot Size0.03 Acres
Price / SF$581.33
Days on Market17
Property Features for 769 GRESHAM Place NW
General Information
Property type
Property subtype
Rooms
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Fairfax Realty Select
(703) 533-8660
Listed By:
Mahlet Amsalu · License DC SP200201173
(703) 599-9540
Added: Oct 30
Changed: Nov 10
Last Checked: Nov 15 at 12:06AM
MLS# DCDC2288606
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.
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Investment Insights
Based on property information with market context.
This 1,548-square-foot duplex contains two separate residences with a combined six bedrooms and 3.5 bathrooms. The main unit has four bedrooms and 2.5 bathrooms; the lower-level apartment includes two bedrooms, a full bathroom, a kitchen, a living area, and its own entrance. Separate utility meters serve the units. Interior updates include refinished hardwood flooring, refreshed bathrooms, new paint, and white kitchen cabinetry.
Built in 1910 with brick construction and Federal architectural styling, the property sits on a 0.0316-acre lot. Heating is provided by hot water, cooling by central air, and parking is on the street. The property is in Washington, DC, near restaurants, retail, public transportation, and neighborhood services.
Built in 1910 with brick construction and Federal architectural styling, the property sits on a 0.0316-acre lot. Heating is provided by hot water, cooling by central air, and parking is on the street. The property is in Washington, DC, near restaurants, retail, public transportation, and neighborhood services.
Key Highlights
- Two units with six bedrooms and 3.5 bathrooms combined
- Lower‑level apartment has a private entrance, kitchen, living area, two bedrooms, and a full bathroom
- Separate utility meters serve the two residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,736
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,720
$554.7K
Cap Rate 7%
$396,229
$396.2K
Cap Rate 9%
$308,178
$308.2K
Market Conditions
NOI Build-Up for 1,548 SF
Gross rent
$41.8K $27.00/SF
− Vacancy
−$2.2K −$1.40/SF
EGI
$39.6K $25.60/SF
− OpEx
−$11.9K −$7.68/SF
NOI
$27.7K $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 Rate 5%
$554,720
Cap Rate 7%
$396,229
Cap Rate 9%
$308,178
Alternative Uses
Best Use
Multifamily LT 5
$396.2K
$346.7K – $462.3K
NOI $27,736 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$367.4K
$321.5K – $428.7K
NOI $25,721 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$796.2K
$696.7K – $929.0K
NOI $55,737 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Washington, DC
Properties on Market for Duplexes in Washington
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both vacant residences have separate utility meters for independently managed occupancy.
Where is this duplex located?
The property is located at 769 GRESHAM Place NW Washington, DC.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two units with six bedrooms and 3.5 bathrooms combined; Lower‑level apartment has a private entrance, kitchen, living area, two bedrooms, and a full bathroom; Separate utility meters serve the two residences
