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Trinidad Multifamily Value-Add Opportunity

1431 HOLBROOK Street NE Washington, DC 20002

1431 HOLBROOK Street NE, Washington, DC, 20002
$699,000
For Sale
Under Contract
Claim this Listing
$699,000

MULTI_FAMILY - WASHINGTON, DC

Property Size3,272 SF
Lot Size0.09 Acres
Price / SF$213.63
AddedApr 10
Days on Market98
Last RefreshJul 16 at 5:06 am

Property Features for 1431 HOLBROOK Street NE

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street, Off Street
Standard status
Active Under Contract
Size
3,272 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
6479

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1941
Number of units
4
Building materials
Brick

Listing agent RAYNALE BELL License #SP98377282

Listing office RLAH @properties 4600 N Park Avenue unit: 100, Chevy Chase, DC

Listing date Apr 10, 2026

MLS# DCDC2255100 Listing URL

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 3,272 square feet, four-unit multifamily property is strategically positioned in the vibrant Trinidad neighborhood of Washington, DC. The property offers a compelling value-add opportunity and an immediate upside with two units currently vacant and two occupied, providing both income and flexibility. The 0.0852-acre lot asset is perfect for those looking to start or expand their real estate portfolio. Ideal for investors, developers, or owner-occupants looking to house hack—live in one unit while renting out the others. This property presents an opportunity to create long-term value and portfolio growth in a sought-after rapidly developing area. Sold strictly as is.

Key Highlights

  • 4‑unit multifamily property in the Trinidad neighborhood, with 2 units currently vacant and 2 units occupied
  • Brick construction with off‑street and on‑street parking
  • Hot water heating; built in 1941

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $94.2k $28.80
− Vacancy −$5.2k −$1.58
EGI $89.1k $27.22
− OpEx −$26.7k −$8.16
NOI $62.3k $19.05
3,272 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$890.5K
$779.2K – $1.04M (±1% cap)
NOI $62,336 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$795.8K
$696.3K – $928.4K (±1% cap)
NOI $55,705 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,254 @ 7.0% cap · market cap 16.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property in Trinidad neighborhood with value-add potential.
Where is this quadplex located?
The property is located at 1431 HOLBROOK Street NE Washington, DC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4‑unit multifamily property in the Trinidad neighborhood, with 2 units currently vacant and 2 units occupied; Brick construction with off‑street and on‑street parking; Hot water heating; built in 1941
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