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    537 Newcomb St SE Washington, DC 20032

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    For Sale
    $995,000

    Four-unit apartment building, fully occupied, earning $5,410/month.

    Lot size:
    0.10 Acres

    Property Features for 537 Newcomb St SE

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    2020

    Source: TTR Sotheby's International Realty Agent Joseph Olatunde Seriki

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Four-Unit Apartment Building

    This is a four-unit apartment building that is currently earning $5,410 per month in rental income. The property is fully occupied and professionally managed. It is described as well-maintained and a smart, low-hassle investment opportunity with steady cash flow. The property is suited for buyers seeking reliable returns and long-term value.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.9993303
    Latitude
    38.8456152

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building, fully occupied, earning $5,410/month.
    Where is this quadplex located?
    The property is located at 537 Newcomb St SE Washington, DC.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - $5,410/month rental income; - Turnkey and fully occupied; - Professionally managed for a low-hassle investment
    (202) 550-9523
    Request Owner's contact information
    537 Newcomb St SE Washington, DC 20032
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    Washington, DC 20032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    537 Newcomb St SE Washington, DC 20032
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