Finished-Basement
New
For Sale
$1,425,000
4474 Macarthur Boulevard NW, Washington, DC 20007
Each of the four residences has two bedrooms and one bathroom.
Property Size4,488 SF
Price / SF$317.51
Days on Market2
Property Features for 4474 Macarthur Boulevard NW
General Information
Standard status
Active
Size
4,488 SF
Property subtype
Multi-Family
Zoning
RA-1
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Building Details
Year Built
1937
Buildings
1
Stories
2
Listing Agency:
Keller Williams Capital Properties
Listed By:
Stefan Rosu · License #SP98377007
(703) 297-2730
Source:
Themelaninteam
Added: Sep 26
Last Checked: Sep 26 at 2:53PM
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 Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
This four-unit property contains approximately 4,488 gross square feet across two stories and a basement. Each residence is estimated at 860 gross square feet, with two bedrooms and one bathroom. The finished basement adds to the building’s existing configuration. The property was built in 1937 and is fully occupied. Tenants pay their own electric and gas; the owner covers hot water, water and sewer, and trash.
At 4474 MacArthur Boulevard NW in Washington, DC, the property is less than a mile from Georgetown University. The site is zoned RA-1. Key Elementary, Hardy Middle School, and MacArthur High School are identified as the in-bound schools.
At 4474 MacArthur Boulevard NW in Washington, DC, the property is less than a mile from Georgetown University. The site is zoned RA-1. Key Elementary, Hardy Middle School, and MacArthur High School are identified as the in-bound schools.
Key Highlights
- Four‑unit property with approximately 4,488 gross square feet
- Each unit is estimated at 860 gross square feet and has 2 bedrooms and 1 bath
- Two stories plus a finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,412
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,608,240
$1.6M
Cap Rate 7%
$1,148,743
$1.1M
Cap Rate 9%
$893,467
$893.5K
Market Conditions
NOI Build-Up for 4,488 SF
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.
Gross rent
$121.2K $27.00/SF
− Vacancy
−$6.3K −$1.40/SF
EGI
$114.9K $25.60/SF
− OpEx
−$34.5K −$7.68/SF
NOI
$80.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,608,240
Cap Rate 7%
$1,148,743
Cap Rate 9%
$893,467
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,412 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$1.07M
$932.1K – $1.24M
NOI $74,570 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,594 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,608
Businesses Nearby
Explore this area
Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each of the four residences has two bedrooms and one bathroom.
Where is this quadplex located?
The property is located at 4474 Macarthur Boulevard NW Washington, DC.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Four‑unit property with approximately 4,488 gross square feet; Each unit is estimated at 860 gross square feet and has 2 bedrooms and 1 bath; Two stories plus a finished basement
