Renovated Triplex with Flex
For Sale
$699,990
903 MISSOURI Avenue NW, Washington, DC 20011
Multi-Family, WASHINGTON, DC
Property Size1,824 SF
Lot Size0.03 Acres
Price / SF$383.77
Days on Market151
Property Features for 903 MISSOURI Avenue NW
General Information
Property type
Residential Multi Family
Property subtype
Triplex
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
1,824 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
4645
Utilities
Heating system
Other (Heating)
Amenities
fenced-in backyard
Building Details
Year built
1936
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
Samson Properties
(240) 724-6550
Listed By:
Megan Janine Sheckles · License #SP40002376
(703) 819-0303
Added: May 9
Changed: Sep 10
Last Checked: Oct 6 at 9:06AM
MLS# DCDC2260742
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 brick triplex contains 1,824 square feet and was built in 1936. The property has been renovated with refreshed interiors, modern finishes, and new appliances. Each of the three units offers a 1BR/1BA layout along with an enclosed flex area that can serve as an office, den, nursery, guest space, or additional sleeping area. A fenced backyard provides private outdoor space, and the Certificate of Occupancy is secured.
Located at 903 Missouri Avenue NW in Washington, DC, the property is near charter schools, shopping, restaurants, retail, parks, public transportation, and hospital and medical facilities. Major commuter routes and downtown DC are also nearby.
Located at 903 Missouri Avenue NW in Washington, DC, the property is near charter schools, shopping, restaurants, retail, parks, public transportation, and hospital and medical facilities. Major commuter routes and downtown DC are also nearby.
Key Highlights
- Three‑unit multifamily property with 1BR/1BA layouts and enclosed flex spaces
- 1,824 square feet on a 0.0334‑acre lot
- Renovated interiors with modern finishes and new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,681
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,620
$653.6K
Cap Rate 7%
$466,871
$466.9K
Cap Rate 9%
$363,122
$363.1K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$49.2K $27.00/SF
− Vacancy
−$2.6K −$1.40/SF
EGI
$46.7K $25.60/SF
− OpEx
−$14.0K −$7.68/SF
NOI
$32.7K $17.92/SF
Area
ZIP 20011
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%
$653,620
Cap Rate 7%
$466,871
Cap Rate 9%
$363,122
Alternative Uses
Best Use
Multifamily LT 5
$466.9K
$408.5K – $544.7K
NOI $32,681 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$414.7K
$362.9K – $483.9K
NOI $29,031 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$941.7K
$824.0K – $1.10M
NOI $65,921 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,623
Businesses Nearby
Explore this area
Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three 1BR/1BA units each include an enclosed flex area and updated appliances.
Where is this triplex located?
The property is located at 903 MISSOURI Avenue NW Washington, DC.
What is the asking price?
The asking price for this property is $699,990.
What are key features of this property?
This property features: Three‑unit multifamily property with 1BR/1BA layouts and enclosed flex spaces; 1,824 square feet on a 0.0334‑acre lot; Renovated interiors with modern finishes and new appliances
