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Four-Unit Multifamily Property
For Sale
$599,000

1227 18TH NE, Washington, DC 20002

Four residential units offer second-bedroom or den flexibility, central air, and in-unit laundry setups.

Property Size3,306 SF
Days on Market114

Property Features for 1227 18TH NE

General Information

Standard status Active
Size 3,306 SF
Property subtype Investment

Property Condition

Severity Major Repairs Needed
Evidence one unit is gutted

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,465

Amenities

central air
in-unit washer and dryer

Building Details

Building Size 3,306 SF
Year Built 1941
Units 4
Listing Agency: Compass
Listed By: Iosif T Gozner · License #SP98375446
Source: Elliman
Added: May 9 Changed: Aug 30 Last Checked: Aug 30 at 8:41AM

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 Compass

Investment Insights

Based on property information with market context.

This 1941-built quadplex contains four residential units, each with approximately 750 square feet of interior living space. Every unit includes a finished second bedroom or den, central air, and an in-unit washer and dryer setup. Three units are positioned for rent-ready work involving cosmetic updates and repairs, while the fourth has been gutted for a more extensive renovation.

Two adjacent lots are also available, providing the property with documented expansion and redevelopment possibilities. The asset is in Northeast DC near Gallaudet University, Union Market, and the H Street Corridor, with restaurants, coffee shops, nightlife, retail, and entertainment nearby. Outdoor destinations in the surrounding area include the United States National Arboretum, Kingman Island, Kenilworth Aquatic Gardens, The Fields at RFK Campus, and the Anacostia Riverwalk Trail system. WalkScore is 67, BikeScore is 53, and TransitScore is 62.

Key Highlights

  • Four‑unit multifamily property built in 1941
  • Each unit offers approximately 750 square feet of interior living space
  • Finished second bedroom or den, central air, and in‑unit washer and dryer setups

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Skin Care Clinic Building Supply Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer second-bedroom or den flexibility, central air, and in-unit laundry setups.
Where is this quadplex located?
The property is located at 1227 18TH NE Washington, DC.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1941; Each unit offers approximately 750 square feet of interior living space; Finished second bedroom or den, central air, and in‑unit washer and dryer setups
More about this property
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