1211 18TH Place NE, Washington, DC 20002
MULTI_FAMILY - Federal - WASHINGTON, DC
- Added:
- Apr 10, 2026
- Days on Market:
- 66
- Last Refresh:
- Jun 14 at 5:06 pm
Property Features for 1211 18TH Place NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- On Street, Driveway
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 3,270 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7200
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1941
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Federal
Listing agent Deborah D Boddie License #BR200201407 (202) 288-0255
Listing office Samson Properties 1140 3rd Street unit: 405, Chantilly, DC (202) 938-0228
Listing date Apr 10, 2026
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.
HighLights
- Fully renovated 4‑unit apartment building with four 3‑bedroom units (two units per floor)
- Renovations just completed and move‑in ready; building has never been occupied since renovation
- All‑new appliances included (refrigerator and stove), with factory wrapping still intact
- Gas forced‑air heating and central air conditioning
- Brick construction; Federal architectural style; year built 1941
- Projected annual rental income of $201,600 with a 26% cap rate
Overview
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
- -76.97692
- Latitude
- 38.90605