RA-1 Zoned
WASHINGTON, DC 20019 Washington, DC 20019
Washington, DC, 20019
$599,000
For Sale
$599,000
MULTI_FAMILY - WASHINGTON, DC
Property Size2,720 SF
Lot Size0.08 Acres
Price / SF$220.22
Days on Market80
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.08 Acres
Building Details
- Year built
- 1942
Listing agency
Woodley Park
(202) 483-6300
Listed by
Scott Purcell
Added: May 4 Updated: Jul 22 at 6:48PM Checked: Jul 22 at 8:06PM
MLS# DCDC2259770
Copyright © 2026 Long & Foster Real Estate. 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 contains four residential units within a 2,720 SF building. The property was built in 1942 and is currently delivered vacant. It sits on a 0.08-acre lot and is designated under RA-1 zoning.
The asset is located in Washington, DC 20019.
As a four-unit residential income property, it offers a straightforward multifamily structure for investors seeking a small, low-rise/garden-style rental building with RA-1 zoning.
The asset is located in Washington, DC 20019.
As a four-unit residential income property, it offers a straightforward multifamily structure for investors seeking a small, low-rise/garden-style rental building with RA-1 zoning.
Key Highlights
- Built in 1942, 2,720 SF multifamily building with 4 units
- Zoned RA‑1
- Property delivered vacant
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 | $80.0k | $29.40 |
| − Vacancy | −$5.0k | −$1.82 |
| EGI | $75.0k | $27.58 |
| − OpEx | −$22.5k | −$8.27 |
| NOI | $52.5k | $19.30 |
2,720 SF · lease $29.40/SF/yr · vacancy 6.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$750.1K
$656.3K – $875.1K
NOI $52,507 @ 7.0% cap · market cap 8.77%
Second Best
Apartment 5plus
$670.2K
$586.4K – $781.9K
NOI $46,912 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,317 @ 7.0% cap · market cap 17.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four-unit quadplex built in 1942, offered vacant and zoned RA-1 in Washington, DC 20019.
Where is this quadplex located?
The property is located at Washington, DC.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Built in 1942, 2,720 SF multifamily building with 4 units; Zoned RA‑1; Property delivered vacant
