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Updated Quadplex with In-Unit Laundry

125 GALVESTON Place SW Washington, DC 20032

125 GALVESTON Place SW, Washington, DC, 20032
$520,000
For Sale
Claim this Listing
$520,000

MULTI_FAMILY - Other - WASHINGTON, DC

Property Size2,848 SF
Lot Size0.10 Acres
Price / SF$182.58
AddedMay 27
Days on Market50
Last RefreshJul 15 at 11:06 pm

Property Features for 125 GALVESTON Place SW

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Dining Room, Basement
Parking
3
Parking features
Off Street, On Street
Interior features
Ceiling Fan(s), Combination Dining/Living, Wood Floors
Appliances
Built-In Microwave, Disposal, Icemaker, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
Standard status
Active
Size
2,848 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Annual Amount
874

Utilities

Heating system
Other (Heating)
Cooling system
Window Unit(s), Ceiling Fan(s)

Building Details

Year built
1943
Number of units
4
Building materials
Brick
Architectural style
Other

Listing agent Lisa Lessey Ross License #SP98363039

Listing office Homewise Realty Services, LLC 11140 Rockville Pike unit: 420, Greenbelt, DC

Listing date May 27, 2026

MLS# DCDC2263270 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.


Investment Insights

Based on property information with market context.

This turn-key brick quadplex features four updated 1-bedroom, 1-bathroom units. Each unit includes hardwood floors and in-unit amenities such as built-in microwaves, icemakers, and stackable washers and dryers.

The property is set on a 0.1-acre lot and includes three rear off-street parking spaces: two for regular-sized vehicles and one for a bike or motorcycle. The offering also notes energy-efficient systems and low expenses.

Transportation access is described as being 1 to 3 miles from buses, subways, and major transportation options, supporting convenient day-to-day commuting.

Key Highlights

  • Brick multi‑family built in 1943 with four updated 1‑bedroom, 1‑bath units
  • Interior features include wood floors, ceiling fans, and combination dining/living layout
  • In‑unit amenities: built‑in microwave, icemaker, gas oven/range, and stacked washer/dryer

Local Financial Insights For Apartment 5plus

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 $90.6k $31.80
− Vacancy −$4.5k −$1.59
EGI $86.0k $30.21
− OpEx −$38.7k −$13.59
NOI $47.3k $16.62
2,848 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$729.0K
$637.9K – $850.5K (±1% cap)
NOI $51,028 @ 7.0% cap · market cap 9.81%
Second Best
Apartment 5plus
$676.0K
$591.5K – $788.7K (±1% cap)
NOI $47,321 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M (±1% cap)
NOI $102,544 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Turn-key brick quadplex with four updated 1-bed, 1-bath units and in-unit stackable washers and dryers.
Where is this quadplex located?
The property is located at 125 GALVESTON Place SW Washington, DC.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Brick multi‑family built in 1943 with four updated 1‑bedroom, 1‑bath units; Interior features include wood floors, ceiling fans, and combination dining/living layout; In‑unit amenities: built‑in microwave, icemaker, gas oven/range, and stacked washer/dryer
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