Four-Unit Apartment
For Sale
Contact for pricing
Pending
1845 M St NE, Washington, DC 20002
Four two-bedroom units with three occupied below-market rents and one vacant unit.
Property SizeContact for details
Days on Market122
Property Features for 1845 M St NE
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
75%
Additional Details
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
Realty One Group Performance
Listed By:
Dean Hunter · License #17337
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 10 at 10:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Performance
Investment Insights
Based on property information with market context.
This four-unit apartment building includes four two-bedroom units. Three units are currently occupied with below-market rents, and one unit is vacant. Tenants are responsible for utilities, and the owner pays only for water.
The property is located in the Northeast quadrant of Washington, DC in the Trinidad-Langston neighborhood. The area is described as having easy access to employment opportunities, and there are about 170 bars and restaurants in Trinidad-Langston.
The building presents a value-add setup through updating opportunities and bringing rents in line with available benchmarks cited in the remarks, including targeted rent increases for two-bedroom units.
The property is located in the Northeast quadrant of Washington, DC in the Trinidad-Langston neighborhood. The area is described as having easy access to employment opportunities, and there are about 170 bars and restaurants in Trinidad-Langston.
The building presents a value-add setup through updating opportunities and bringing rents in line with available benchmarks cited in the remarks, including targeted rent increases for two-bedroom units.
Key Highlights
- Four‑unit apartment building at 1845 M Street NE, Washington, DC
- All units are 2‑bedrooms; three are currently occupied and one unit is vacant
- Current rents average $1,350 per month per unit
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,154
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 - Four two-bedroom units with three occupied below-market rents and one vacant unit.
Where is this quadplex located?
The property is located at 1845 M St NE Washington, DC.
What are key features of this property?
This property features: Four‑unit apartment building at 1845 M Street NE, Washington, DC; All units are 2‑bedrooms; three are currently occupied and one unit is vacant; Current rents average $1,350 per month per unit
