Brick Quadplex with
For Sale
$560,000
1107 48TH Place NE, Washington, DC 20019
Multi-Family, WASHINGTON, DC
Property Size2,730 SF
Lot Size0.05 Acres
Price / SF$205.13
Days on Market111
Property Features for 1107 48TH Place NE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
Driveway, Parking Lot, On Street
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
2,730 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
4337
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1952
Number of units
4
Building materials
Brick
Architectural style
Contemporary
Listing Agency:
Bennett Realty Solutions
(301) 459-5040
Listed By:
Meshelle Van Allen · License #SP98367292
(301) 404-8396
Added: Jun 23
Changed: Oct 8
Last Checked: Oct 11 at 7:06AM
MLS# DCDC2269434
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 quadplex is a 2,730-square-foot multifamily property built in 1952, with brick construction and a contemporary architectural style. The property occupies approximately 0.0496 acres and is served by hot water heating.
Parking options include a dedicated parking lot, driveway parking, and on-street parking. The property is located at 1107 48TH Place NE in Washington, DC 20019, within the Deanwood area of Northeast Washington and near the location identified for the new Commanders’ stadium.
Parking options include a dedicated parking lot, driveway parking, and on-street parking. The property is located at 1107 48TH Place NE in Washington, DC 20019, within the Deanwood area of Northeast Washington and near the location identified for the new Commanders’ stadium.
Key Highlights
- Quadplex with 2,730 square feet of property size
- Built in 1952 with brick construction
- Approximately 0.0496 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,085
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,700
$941.7K
Cap Rate 7%
$672,643
$672.6K
Cap Rate 9%
$523,167
$523.2K
Market Conditions
NOI Build-Up for 2,730 SF
Gross rent
$91.1K $33.36/SF
− Vacancy
−$5.5K −$2.00/SF
EGI
$85.6K $31.36/SF
− OpEx
−$38.5K −$14.11/SF
NOI
$47.1K $17.25/SF
Area
ZIP 20019
Vacancy
6.00%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,700
Cap Rate 7%
$672,643
Cap Rate 9%
$523,167
Alternative Uses
Best Use
Multifamily LT 5
$752.9K
$658.8K – $878.3K
NOI $52,700 @ 7.0% cap · market cap 9.41%
Second Best
Apartment 5plus
$672.6K
$588.6K – $784.8K
NOI $47,085 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,693 @ 7.0% cap · market cap 18.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Brick multifamily property with on-site parking, driveway access, and hot water heating.
Where is this quadplex located?
The property is located at 1107 48TH Place NE Washington, DC.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Quadplex with 2,730 square feet of property size; Built in 1952 with brick construction; Approximately 0.0496 acres
