1211 18TH Place NE, Washington, DC 20002
Turnkey, newly renovated 4-unit building with four 3-bedroom apartments and new appliances, ready for immediate occupancy.
- Added:
- Feb 25, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 5 at 2:11 am
Property Features for 1211 18TH Place NE
General Information
- Standard status
- Active
- Size
- 3,270 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1941
Listing agent Deborah D Boddie
Listing office Samson Properties
Listing date Feb 25, 2026
Source Deepcreeklake
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 Samson Properties
HighLights
- Newly renovated 4‑unit apartment building (Year built 1941) with four 3‑bedroom apartments
- Two units per floor with redesigned interiors and modern finishes throughout
- Renovations completed and building never occupied since renovation; move‑in ready
- All‑new appliances with factory wrapping still intact
- Gas heating plus 2 on‑site parking spaces
- Projected annual rental income $201,600 and stated 26% cap rate
Overview
Located in Northeast Washington, DC near the U.S. National Arboretum, the property offers convenient access to I-295 and the Baltimore-Washington Parkway. The location supports an easy commute for area employers and surrounding household needs.
The building is presented as move-in ready, with modern finishes throughout the redesigned units. Each apartment’s three-bedroom layout is suited to tenants looking for additional space while maintaining a compact 4-unit structure. The offering includes projected annual rental income of $201,600 and a projected 26% CAP rate, based on the information provided, making it an investor-focused opportunity for buyers seeking an immediately rentable, recently renovated asset.
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 | $94.2k | $28.80 |
| − Vacancy | −$5.2k | −$1.58 |
| EGI | $89.0k | $27.22 |
| − OpEx | −$26.7k | −$8.16 |
| NOI | $62.3k | $19.05 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.9769588
- Latitude
- 38.9060635
