Four-Unit Brick
For Sale
$799,000
2808 BUENA VISTA Terrace SE, Washington, DC 20020
MULTI_FAMILY - Other - WASHINGTON, DC
Property Size2,858 SF
Lot Size0.10 Acres
Price / SF$279.57
Days on Market208
Property Features for 2808 BUENA VISTA Terrace SE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
On Street
Interior features
Floor Plan - Open, Kitchen - Galley
Appliances
Disposal, Refrigerator, Stove, Washer/Dryer Stacked
Subdivision
RANDLE HEIGHTS
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
2,858 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
4259
Utilities
Heating system
Radiant, Other (Heating)
Amenities
washer dryer
Building Details
Year built
1943
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Compass
(301) 298-1001
Listed By:
Nikki A Cooper
(240) 793-5563
Added: Jan 28
Changed: Aug 11
Last Checked: Aug 24 at 12:06AM
MLS# DCDC2243454
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 4-unit quadplex contains 2858 square feet on a 0.1033-acre lot. Built in 1943, the brick property includes four residences, each with three bedrooms and one bathroom. Interior features include open floor plans and galley kitchens, while stacked washer/dryer units, refrigerators, stoves, and disposals are provided. Radiant heating serves the building, and parking is available on street. A basement adds additional interior space.
Located in Washington, DC, the property offers access to Anacostia, Navy Yard, Capitol Hill, and downtown DC. Public transportation, shopping, and dining are also identified as nearby conveniences. One unit is currently occupied, and FHA and VA financing options are available for owner-occupants.
Located in Washington, DC, the property offers access to Anacostia, Navy Yard, Capitol Hill, and downtown DC. Public transportation, shopping, and dining are also identified as nearby conveniences. One unit is currently occupied, and FHA and VA financing options are available for owner-occupants.
Key Highlights
- Four‑unit multifamily property with four 3‑bedroom, 1‑bath residences
- 2858 square feet on a 0.1033‑acre lot
- Brick construction; built in 1943
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,505
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,010,100
$1.0M
Cap Rate 7%
$721,500
$721.5K
Cap Rate 9%
$561,167
$561.2K
Market Conditions
NOI Build-Up for 2,858 SF
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.
Gross rent
$77.2K $27.00/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$72.2K $25.25/SF
− OpEx
−$21.6K −$7.57/SF
NOI
$50.5K $17.67/SF
Area
ZIP 20020
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,010,100
Cap Rate 7%
$721,500
Cap Rate 9%
$561,167
Alternative Uses
Best Use
Multifamily LT 5
$721.5K
$631.3K – $841.8K
NOI $50,505 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$644.5K
$564.0K – $752.0K
NOI $45,118 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,291 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence provides three bedrooms, one bathroom, laundry, and abundant natural light.
Where is this quadplex located?
The property is located at 2808 BUENA VISTA Terrace SE Washington, DC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit multifamily property with four 3‑bedroom, 1‑bath residences; 2858 square feet on a 0.1033‑acre lot; Brick construction; built in 1943
