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    Renovated Multifamily Building Near Arboretum Title is generated by Realmo AI

    1211 18TH Place NE, Washington, DC 20002

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    Claim this Listing
    For Sale
    $1,199,000

    MULTI_FAMILY - Federal - WASHINGTON, DC

    Property size:
    3,270 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $366/SF
    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

    We can help!

    Listing Contact
    Deborah D Boddie

    Listing agent Deborah D Boddie License #BR200201407

    Listing office Samson Properties 1140 3rd Street unit: 405, Chantilly, DC

    Listing date Apr 10, 2026

    MLS# DCDC2250212 Listing URL

    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

    This is a renovated four-unit apartment building located in Northeast Washington, DC, near the U.S. National Arboretum with access to I295 and the Baltimore-Washington Parkway. The property contains four three-bedroom units, with two units per floor, redesigned with modern finishes. The building has been renovated but never occupied since, with protective wrapping on all appliances. The building offers gas heating and two on-site parking spaces. The property is rear-located, offering privacy and tenant appeal. The property size is 3270 square feet, situated on a 0.0722-acre lot. The projected annual rental income is $201,600. This property is suited for investors seeking immediate income with minimal maintenance. The location, rental demand, and construction quality combine to make this an investment opportunity.

    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
    3,270 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $890.0K
    $778.7K – $1.04M (±1% cap)
    NOI $62,297 @ 7.0% cap · market cap 5.20%
    Second Best
    Apartment 5plus
    $795.3K
    $695.9K – $927.9K (±1% cap)
    NOI $55,671 @ 7.0% cap · market cap 4.64%
    Theoretical Best
    Office A
    $1.69M
    $1.48M – $1.97M (±1% cap)
    NOI $118,181 @ 7.0% cap · market cap 9.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -76.97692
    Latitude
    38.90605

    FAQs

    What type of property is this?
    Quadplex - Newly renovated four-unit apartment building in Northeast Washington, DC.
    Where is this quadplex located?
    The property is located at 1211 18TH Place NE Washington, DC.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: 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
    More about this property
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