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Four-Unit Multifamily Property in Washington, DC

1733 E Street NE Washington, DC 20002

1733 E Street NE, Washington, DC, 20002
$849,826
For Sale
Claim this Listing
$849,826

MULTI_FAMILY - Other - WASHINGTON, DC

Property Size3,264 SF
Lot Size0.09 Acres
Price / SF$260.36
AddedJul 28, 2025
Days on Market354
Last RefreshJul 16 at 8:06 am

Property Features for 1733 E Street NE

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
3,264 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
8939

Utilities

Heating system
Hot Water(Heating)
Cooling system
Central Air

Building Details

Year built
1937
Number of units
4
Building materials
Brick
Architectural style
Other

Listing agent Merle S Walker License #SP9837830

Listing office Fairfax Realty Premier 10770 Columbia Pike unit: 250, Falls Church, DC

Listing date Jul 28, 2025

MLS# DCDC2210678 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 3,264 sq ft multifamily property in Washington, DC, features four units, each with two bedrooms and one bathroom. The building offers potential for renovation, expansion, or new construction. HVAC systems are installed for each unit. Located in the extended Capitol Hill corridor, the property is within walking distance of RFK Stadium, eateries, local shops, and City Winery. The 0.0947-acre lot provides opportunities to expand upward with a rooftop addition or outward to add extra bedrooms or common space. The property could be transformed into a high-income-producing rental. It can also serve as a primary residence, allowing the owner to live in one unit and rent out the other three.

Key Highlights

  • Prime location in the extended Capitol Hill corridor, walking distance to RFK Stadium, eateries, shops, and City Winery.
  • Four spacious units, each with 2 bedrooms and 1 bathroom, totaling 3,264 sq ft.
  • Income‑producing potential: live in one unit and rent out the other three.

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 $94.0k $28.80
− Vacancy −$5.2k −$1.58
EGI $88.8k $27.22
− OpEx −$26.6k −$8.16
NOI $62.2k $19.05
3,264 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$888.3K
$777.3K – $1.04M (±1% cap)
NOI $62,183 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$793.8K
$694.6K – $926.2K (±1% cap)
NOI $55,569 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$1.69M
$1.47M – $1.97M (±1% cap)
NOI $117,965 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Home Appliance Store Tanning Salon Nursing Home (Bike/Boat/Book/etc) Store Florist Arcade & Gaming Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four units, 3,264 sq ft, prime location near Capitol Hill.
Where is this quadplex located?
The property is located at 1733 E Street NE Washington, DC.
What is the asking price?
The asking price for this property is $849,826.
What are key features of this property?
This property features: Prime location in the extended Capitol Hill corridor, walking distance to RFK Stadium, eateries, shops, and City Winery.; Four spacious units, each with 2 bedrooms and 1 bathroom, totaling 3,264 sq ft.; Income‑producing potential: live in one unit and rent out the other three.
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