4700 QUARLES Street NE Washington, DC 20019
MULTI_FAMILY - WASHINGTON, DC
Property Features for 4700 QUARLES Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,376 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3584
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1970
- Number of units
- 4
- Building materials
- Brick
Listing agent Rosemary Mann License #SP98362651 (301) 257-6561
Listing office Heymann Realty, LLC 12510 Prosperity Drive unit: 100, SILVER SPRING, DC (301) 439-1180
Listing date Jul 7, 2026
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.
Renovated units include updated flooring and updated appliances, including washer and dryer. The property has been improved with an updated roof and electrical service, along with new doors and windows. The building also has ample yard space in the front, side, and back.
Public transportation is accessible, with the Deanwood Metro stop one block away and the Stadium-Armory stop two stops away, and the property is near Route 50, Baltimore Washington Parkway (295), and New York Avenue.
Key Highlights
- 4‑unit apartment building with separate addresses: 4700, 4702 (#1 & 2), and 4704
- Three units are fully updated with updated flooring and updated appliances, including washer and dryer
- Each unit is separately metered with front and back entrances
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 | $69.9k | $29.40 |
| − Vacancy | −$4.3k | −$1.82 |
| EGI | $65.5k | $27.58 |
| − OpEx | −$19.7k | −$8.27 |
| NOI | $45.9k | $19.30 |
