Gutted Brick
For Sale
$295,000
811 18TH Street NE, Washington, DC 20002
Multi-Family, WASHINGTON, DC
Property Size1,152 SF
Lot Size0.03 Acres
Price / SF$256.08
Days on Market420
Property Features for 811 18TH Street NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street, On Street
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Special listing conditions
Short Sale
Standard status
Active
Size
1,152 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
25350
Building Details
Year built
1941
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Bennett Realty Solutions
(301) 459-5040
Listed By:
Cheryll A March · License #SP98366612
(301) 806-8117
Added: Sep 5, 2025
Changed: Oct 21
Last Checked: Oct 29 at 11:06PM
MLS# DCDC2221258
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 1,152-square-foot brick end-unit row house is configured as a duplex and was built in 1941. The interior is gutted, and the existing floor joists are in good condition and expected to remain. A crawl space provides approximately 7 feet of clear height to the footing. The property occupies 0.0291 acres and has alley access with rear parking. A three-unit residential layout with a front addition is feasible by right under a DC DOB determination letter.
Key Highlights
- 1,152‑square‑foot brick end‑unit row house
- Interior is gutted; existing floor joists are in good condition and expected to remain
- Crawl space offers approximately 7 feet of clear height to the footing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,947
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,940
$438.9K
Cap Rate 7%
$313,529
$313.5K
Cap Rate 9%
$243,856
$243.9K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$33.2K $28.80/SF
− Vacancy
−$1.8K −$1.58/SF
EGI
$31.4K $27.22/SF
− OpEx
−$9.4K −$8.16/SF
NOI
$21.9K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,940
Cap Rate 7%
$313,529
Cap Rate 9%
$243,856
Alternative Uses
Best Use
Multifamily LT 5
$313.5K
$274.3K – $365.8K
NOI $21,947 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$280.2K
$245.2K – $326.9K
NOI $19,612 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$594.8K
$520.4K – $693.9K
NOI $41,635 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
7 ft
Clear height
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The interior has been cleared, with existing floor joists expected to remain for reconstruction.
Where is this duplex located?
The property is located at 811 18TH Street NE Washington, DC.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,152‑square‑foot brick end‑unit row house; Interior is gutted; existing floor joists are in good condition and expected to remain; Crawl space offers approximately 7 feet of clear height to the footing
