1305 ORREN Street NE Washington, DC 20002
MULTI_FAMILY - WASHINGTON, DC
Property Features for 1305 ORREN Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 1
- Parking features
- Off Street, Assigned
- Appliances
- Stove, Refrigerator, Washer, Dryer
- Standard status
- Active
- Size
- 3,144 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8777
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1932
- Number of units
- 4
- Building materials
- Brick
Listing agent Christopher Craddock License #0225207192 (703) 688-2635
Listing office EXP Realty, LLC 800 Maine Avenue unit: 200, Washington, DC (833) 335-7433
Listing date Jan 26, 2026
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.
Key Highlights
- Brick 4‑unit building built in 1932 with four 1‑bedroom, 1‑bath units
- 3 units currently tenant‑occupied for immediate rental income; 1 vacant unit ready for lease or owner occupancy
- Each unit includes a classic layout with hardwood floors and efficient kitchens
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 | $90.5k | $28.80 |
| − Vacancy | −$5.0k | −$1.58 |
| EGI | $85.6k | $27.22 |
| − OpEx | −$25.7k | −$8.16 |
| NOI | $59.9k | $19.05 |