Four-Unit Property Near Nationals
For Sale
$2,300,000
114 O Street Southwest, Washington, DC 20024
Pristine four-unit property with strong rental income potential.
Property Size3,131 SF
Price / SF$734.59
Days on Market69
Property Features for 114 O Street Southwest
General Information
Standard status
Active
Size
3,131 SF
Property subtype
Multi-Family / Fee Simple
Building Details
Year Built
1948
Listing Agency:
Long & Foster Real Estate, Inc.
(202) 256-7039
Listed By:
Samuel R Davis · License #ab95309
(202) 256-7039
Source:
Compass
Added: May 23
Changed: Jul 10
Last Checked: Jul 29 at 2:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This four-unit property features separate metering for each unit, simplifying management and enhancing efficiency. Each of the four units includes four bedrooms and two bathrooms, with individual HVAC systems and hot water heaters. The property is located near Nationals Park and The Wharf, offering proximity to new developments, dining, entertainment, and other city attractions. The building is currently 75% occupied by Section 8 tenants, providing a dependable rental income stream. The property is located in Washington, DC, within city limits. Transportation options include a bus stop and a metro/subway station, both less than one mile away. The property is located within the DISTRICT OF COLUMBIA PUBLIC SCHOOLS district. The property size is 3131 square feet. The property is suitable for investors seeking rental income and long-term appreciation. The property is also suitable for a first-time buyer looking to live in one unit and rent out the others.
Key Highlights
- Projected $169,600 Net Operating Income (NOI) at full capacity.
- Four spacious 4‑bedroom, 2‑bath units, each separately metered for HVAC, hot water, and electricity.
- Located two blocks from Nationals Park and The Wharf, near dining, entertainment, and major attractions.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,987
Businesses Nearby
Explore this area
Business Placement
Demographics for 20024, DC
15,952
Population
11,560
Households
1.4
Avg Household Size
37
Median Age
70%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
7,251
Density / Sq Mi
$102,623
Median Household Income
$94,419
Median Earnings
$2,121
Median Rent
$497,100
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 - Pristine four-unit property with strong rental income potential.
Where is this quadplex located?
The property is located at 114 O Street Southwest Washington, DC.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Projected $169,600 Net Operating Income (NOI) at full capacity.; Four spacious 4‑bedroom, 2‑bath units, each separately metered for HVAC, hot water, and electricity.; Located two blocks from Nationals Park and The Wharf, near dining, entertainment, and major attractions.
