Victorian Multifamily Property Near
For Sale
$1,950,000
520 CONSTITUTION Avenue NE, Washington, DC 20002
MULTI_FAMILY - Victorian - WASHINGTON, DC
Property Size4,014 SF
Lot Size0.03 Acres
Price / SF$485.80
Days on Market224
Property Features for 520 CONSTITUTION Avenue NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, WaterHeater
Subdivision
CAPITOL HILL
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
4,014 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
12305
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1890
Number of units
4
Building materials
Brick
Architectural style
Victorian
Listing Agency:
Compass
(202) 545-6900
Listed By:
Dyanne M Branand
(202) 369-7902
Added: Dec 18, 2025
Changed: Jun 9
Last Checked: Jul 30 at 12:06PM
MLS# DCDC2235404
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 multifamily property, located six blocks from the Senate, features four units. The building includes two one-bedroom units and two two-bedroom units. Architectural details include wood trim and tin ceilings. The property also features decks. The lot size is 0.0282 acres, and the property size is 4,014 square feet.
Key Highlights
- Premier location: Corner home, 6 blocks to Senate.
- Four units: Two one‑bedroom, two two‑bedroom.
- Original architectural details: Wood trim and tin ceilings.
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 | $115.6k | $28.80 |
| − Vacancy | −$6.4k | −$1.58 |
| EGI | $109.2k | $27.22 |
| − OpEx | −$32.8k | −$8.16 |
| NOI | $76.5k | $19.05 |
4,014 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$955.9K – $1.27M
NOI $76,472 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$976.2K
$854.2K – $1.14M
NOI $68,337 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $145,070 @ 7.0% cap · market cap 7.44%
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
5,779
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 - Corner home with four units, near the Senate.
Where is this quadplex located?
The property is located at 520 CONSTITUTION Avenue NE Washington, DC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Premier location: Corner home, 6 blocks to Senate.; Four units: Two one‑bedroom, two two‑bedroom.; Original architectural details: Wood trim and tin ceilings.
