Four-Unit Multifamily Investment
For Sale
Under Contract
$599,000
1227 18TH Place NE, Washington, DC 20002
MULTI_FAMILY - WASHINGTON, DC
Property Size3,306 SF
Lot Size0.07 Acres
Price / SF$181.19
Days on Market116
Property Features for 1227 18TH Place NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
TRINIDAD
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 Under Contract
Size
3,306 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7465
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1941
Number of units
4
Building materials
Brick
Listing Agency:
Compass
(202) 545-6900
Listed By:
Iosif T Gozner · License #SP98375446
(571) 228-5664
Added: May 7
Changed: Jul 11
Last Checked: Aug 30 at 6:06PM
MLS# DCDC2260434
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.
Investment Insights
Based on property information with market context.
This four-unit multifamily property presents a value-add opportunity in a rapidly evolving Northeast DC neighborhood. Each unit features approximately 750 square feet of interior living space, a finished second bedroom or den, central air, and in-unit washer and dryer setups. Three of the four units have rent-ready potential with cosmetic updates and repairs, while one unit is gutted, offering an opportunity to maximize upside and build equity. Two adjacent lots are also available for purchase, presenting a chance to expand the existing footprint, increase unit sizes, explore additional development possibilities, or create a larger-scale multifamily project. The property is located near Gallaudet University, Union Market, and the H Street Corridor, providing access to restaurants, coffee shops, nightlife, retail, and entertainment. The United States National Arboretum is next door, and Kingman Island, Kenilworth Aquatic Gardens, The Fields at RFK Campus, and the Anacostia Riverwalk Trail system are nearby, offering outdoor recreation opportunities. The property is situated on a lot of approximately 0.0725 acres. The property size is 3306 square feet.
Key Highlights
- Value‑add opportunity in a rapidly evolving Northeast DC neighborhood.
- Four units, each approximately 750 sq ft, with central air and in‑unit washer/dryer setups.
- One gutted unit ideal for maximizing upside and building equity.**
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Value-add four-unit property in evolving Northeast DC neighborhood.
Where is this quadplex located?
The property is located at 1227 18TH Place NE Washington, DC.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Value‑add opportunity in a rapidly evolving Northeast DC neighborhood.; Four units, each approximately 750 sq ft, with central air and in‑unit washer/dryer setups.; One gutted unit ideal for maximizing upside and building equity.**
