Fully Occupied Quadplex
For Sale
$869,000
1729 TRINIDAD Avenue NE, Washington, DC 20002
MULTI_FAMILY - Federal - WASHINGTON, DC
Property Size3,244 SF
Lot Size0.08 Acres
Price / SF$267.88
Days on Market22
Property Features for 1729 TRINIDAD Avenue NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Subdivision
TRINIDAD
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
3,244 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
7234
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1920
Number of units
4
Building materials
Brick
Architectural style
Federal
Listing Agency:
Cottage Street Realty LLC
(703) 242-0005
Listed By:
Alexandra I Burrell-Hodges · License #IB98371676
(703) 819-1023
Added: Jul 10
Last Checked: Jul 31 at 9:06AM
MLS# DCDC2270584
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 quadplex at 1729 Trinidad Avenue NE offers 4 rental units totaling 3,244 square feet, currently fully occupied. Each unit is configured as 1 bedroom, 1 bathroom, plus a den. Current rent is reported per apartment with the landlord paying trash and water/sewer; Apt 1, Apt 2, Apt 3, and Apt 4 are listed with monthly rents of 1,375, 1,400, 1,400, and 1,425 respectively, plus utilities. Estimated annual gross income is $66,900, with estimated annual expenses of $15,369, resulting in reported NOI of $51,531 and a current cap rate of 4.6%. The property is strictly sold as-is.
New architectural drawings are described as available, along with future development potential. The submission references a concept for 4 unit condominium residences, with each unit proposed as 3 bedrooms and 2.5 bathrooms. Common area is noted as 431 square feet, with total proposed gross proceeds and projected net profit figures included in the remarks.
The lot size is listed as 0.0842 acres, and all information is described as informational, including that pictures and plans may not reflect actual condition.
New architectural drawings are described as available, along with future development potential. The submission references a concept for 4 unit condominium residences, with each unit proposed as 3 bedrooms and 2.5 bathrooms. Common area is noted as 431 square feet, with total proposed gross proceeds and projected net profit figures included in the remarks.
The lot size is listed as 0.0842 acres, and all information is described as informational, including that pictures and plans may not reflect actual condition.
Key Highlights
- 4‑unit building, fully occupied, with current leases for 1 bed + 1 bath + den in each unit
- Building size 3,244 SF; brick construction with Federal architectural style
- Central air and forced‑air heating; on‑street parking
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 | $93.4k | $28.80 |
| − Vacancy | −$5.1k | −$1.58 |
| EGI | $88.3k | $27.22 |
| − OpEx | −$26.5k | −$8.16 |
| NOI | $61.8k | $19.05 |
3,244 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$882.9K
$772.5K – $1.03M
NOI $61,802 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$789.0K
$690.4K – $920.5K
NOI $55,228 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$1.67M
$1.47M – $1.95M
NOI $117,242 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,385
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex with four fully occupied units and architectural drawings available for possible future condo conversion.
Where is this quadplex located?
The property is located at 1729 TRINIDAD Avenue NE Washington, DC.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 4‑unit building, fully occupied, with current leases for 1 bed + 1 bath + den in each unit; Building size 3,244 SF; brick construction with Federal architectural style; Central air and forced‑air heating; on‑street parking
