Brick 4-Unit
New
For Sale
$875,000
1332 ADAMS Street NE, Washington, DC 20018
Multi-Family, WASHINGTON, DC
Property Size2,720 SF
Lot Size0.07 Acres
Price / SF$321.69
Days on Market6
Property Features for 1332 ADAMS Street NE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
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
Size
2,720 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
6393
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1942
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Abel M Gebremichael · License #SP98377913
(202) 335-7325
Added: Oct 1
Last Checked: Oct 6 at 5:06AM
MLS# DCDC2284554
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 2,720-square-foot brick quadplex contains four units on a 0.0702-acre lot. Three units are vacant and updated; the fourth has a month-to-month tenant. The vacant units have luxury vinyl plank flooring, neutral paint, recessed lighting, updated bathrooms, and stackable laundry appliances. Unit #1 has a wall-mounted ductless mini-split HVAC system. The exterior includes illuminated stone entry steps and a fenced rear yard with a walkway.
Key Highlights
- Four‑unit brick building with 2,720 square feet of property area
- Three vacant units and one occupied month‑to‑month unit
- Lot measures 0.0702 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,735
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,700
$974.7K
Cap Rate 7%
$696,214
$696.2K
Cap Rate 9%
$541,500
$541.5K
Market Conditions
NOI Build-Up for 2,720 SF
Gross rent
$73.4K $27.00/SF
− Vacancy
−$3.8K −$1.40/SF
EGI
$69.6K $25.60/SF
− OpEx
−$20.9K −$7.68/SF
NOI
$48.7K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,700
Cap Rate 7%
$696,214
Cap Rate 9%
$541,500
Alternative Uses
Best Use
Multifamily LT 5
$696.2K
$609.2K – $812.3K
NOI $48,735 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$645.6K
$564.9K – $753.2K
NOI $45,194 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,936 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 20018, DC
20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Three vacant units offer flexibility for occupancy or rental, alongside one month-to-month tenancy.
Where is this quadplex located?
The property is located at 1332 ADAMS Street NE Washington, DC.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Four‑unit brick building with 2,720 square feet of property area; Three vacant units and one occupied month‑to‑month unit; Lot measures 0.0702 acres
