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Renovated 4-Unit Apartment Building
For Sale
$1,199,000

1211 18TH Place NE, Washington, DC 20002

Multi-Family, WASHINGTON, DC

Property Size3,270 SF
Lot Size0.07 Acres
Price / SF$366.67
Days on Market194

Property Features for 1211 18TH Place NE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 2
Parking features On Street, Driveway
Appliances Refrigerator, Stove
Elementary school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
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

Amenities

all-new appliances

Building Details

Year built 1941
Number of units 4
Building materials Brick
Architectural style Federal
Listing Agency: Samson Properties
Listed By: Deborah D Boddie · License #BR200201407
Added: Apr 10 Changed: Oct 8 Last Checked: Oct 20 at 8:06AM
MLS# DCDC2250212

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.

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Investment Insights

Based on property information with market context.

This 3,270-square-foot quadplex contains four three-bedroom apartments arranged as two residences per floor. The 1941 brick building has undergone a full renovation and remains unoccupied since the work was completed. Apartment features include central air, forced-air heating, refrigerators, and stoves, while the property also offers two on-site parking spaces along with driveway and on-street parking. Federal architectural styling adds a distinct exterior character.

The property is located at 1211 18TH Place NE in Washington, DC, near the U.S. National Arboretum, I-295, and the Baltimore-Washington Parkway. The site encompasses 0.0722 acres. The stated investment metrics include a projected 26% CAP rate.

Key Highlights

  • Four‑unit building with four 3‑bedroom apartments
  • 3,270 square feet on a 0.0722‑acre lot
  • Renovated 1941 brick building with Federal architectural style

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,297
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,245,940 $1.2M
Cap Rate 7%
$889,957 $890.0K
Cap Rate 9%
$692,189 $692.2K
Market Conditions
NOI Build-Up for 3,270 SF
Gross rent
$94.2K $28.80/SF
− Vacancy
−$5.2K −$1.58/SF
EGI
$89.0K $27.22/SF
− OpEx
−$26.7K −$8.16/SF
NOI
$62.3K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,245,940
Cap Rate 7%
$889,957
Cap Rate 9%
$692,189

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 authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby

Demographics for 20002, DC

69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four three-bedroom residences span two floors with central air, forced-air heat, and updated appliances.
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: Four‑unit building with four 3‑bedroom apartments; 3,270 square feet on a 0.0722‑acre lot; Renovated 1941 brick building with Federal architectural style
More about this property
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