Four-Unit Residential Income
1312 Adams Street Northeast Washington, DC 20018
1312 Adams Street Northeast, Washington, DC, 20018
$1,200,000
For Sale
$1,200,000
Well-maintained four-unit building with spacious two-bedroom, one-bath apartments in a Washington, DC neighborhood.
Property Size3,360 SF
Price / SF$357.14
Days on Market366
Property Features for 1312 Adams Street Northeast
General Information
- Standard status
- Active
- Size
- 3,360 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1942
Listing agency
RE/MAX Real Estate Connections
(703) 622-1974
Listed by
Zahid "Zach" Abbasi · License #0225082150
(703) 622-1974
Source
Compass
Added: Jul 22, 2025 Updated: Jul 22 at 9:26AM Checked: Jul 22 at 9:26AM
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 RE/MAX Real Estate Connections
Investment Insights
Based on property information with market context.
This well-maintained four-unit residential income property offers spacious two-bedroom, one-bath apartments. The building is configured as a quadplex, providing a straightforward multi-unit setup for rental housing.
The property is located in the Brentwood neighborhood and is in city limits. The listing notes proximity to the metro, local restaurants, and scenic trails.
With all units arranged as two-bedroom, one-bath homes, the property presents a consistent living layout across the building.
The property is located in the Brentwood neighborhood and is in city limits. The listing notes proximity to the metro, local restaurants, and scenic trails.
With all units arranged as two-bedroom, one-bath homes, the property presents a consistent living layout across the building.
Key Highlights
- Well‑maintained four‑unit building
- Four apartments with spacious 2‑bedroom, 1‑bath layouts
- Year built: 1942
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 | $90.7k | $27.00 |
| − Vacancy | −$4.7k | −$1.40 |
| EGI | $86.0k | $25.60 |
| − OpEx | −$25.8k | −$7.68 |
| NOI | $60.2k | $17.92 |
3,360 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$860.0K
$752.5K – $1.00M
NOI $60,202 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$797.5K
$697.9K – $930.5K
NOI $55,828 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $120,979 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit building with spacious two-bedroom, one-bath apartments in a Washington, DC neighborhood.
Where is this quadplex located?
The property is located at 1312 Adams Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Well‑maintained four‑unit building; Four apartments with spacious 2‑bedroom, 1‑bath layouts; Year built: 1942
