Four-Unit Contemporary Residential
1461 CHAPIN Street NW Washington, DC 20009
For Sale
$2,995,000
MULTI_FAMILY - Contemporary - WASHINGTON, DC
Property Size5,306 SF
Lot Size0.05 Acres
Price / SF$564.46
Days on Market246
Property Features for 1461 CHAPIN Street NW
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
2
Parking features
Driveway, Garage, On Street
Standard status
Active
Size
5,306 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
35230
Utilities
Heating system
Forced Air, Central
Cooling system
Central Air
Building Details
Year built
1916
Number of units
4
Building materials
Brick
Architectural style
Contemporary
Listing Agency:
EXP Realty, LLC
(888) 860-7369
Listed By:
O'Ranti J. Robinson · License #BR98372120
(301) 318-1427
Added: Nov 26, 2025
Changed: Jul 22
Last Checked: Jul 30 at 4:06AM
MLS# DCDC2223342
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 contemporary four-unit residential building is offered as a single property sale. The layout includes three units with 2BR/2BA each, and a luxury three-level penthouse (Unit 4) featuring 3BR/3.5BA. Public remarks describe modern interior finishes and features such as custom windows/doors, in-unit washer and dryer, and tankless water heaters, along with front and rear entry/exit for each unit. The building was renovated a few years ago.
The property is located at 1461 CHAPIN Street NW in Washington, DC 20009. Public remarks indicate it is near the U Street Corridor and related attractions, and “stone’s throw away” from Meridian Hill Park and nearby restaurants.
A secure rear parking lot/garage is included, and public remarks state it has a separate deed/tax identification number included in the sale. Public remarks also note “No C of O.” The listing agent must accompany on all showing appointments.
The property is located at 1461 CHAPIN Street NW in Washington, DC 20009. Public remarks indicate it is near the U Street Corridor and related attractions, and “stone’s throw away” from Meridian Hill Park and nearby restaurants.
A secure rear parking lot/garage is included, and public remarks state it has a separate deed/tax identification number included in the sale. Public remarks also note “No C of O.” The listing agent must accompany on all showing appointments.
Key Highlights
- 4‑unit residential building to be sold as a single building; units 1–3 are 2BR/2BA each
- Unit #4 is a 3‑level penthouse with 3BR/3.5BA, modern finishes, private rooftop view, and a rear balcony
- Brick construction with forced air heating and central air conditioning
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 | $175.1k | $33.00 |
| − Vacancy | −$9.6k | −$1.82 |
| EGI | $165.5k | $31.19 |
| − OpEx | −$49.6k | −$9.36 |
| NOI | $115.8k | $21.83 |
5,306 SF · lease $33.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.65M
$1.45M – $1.93M
NOI $115,827 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.72M
NOI $103,254 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$2.73M
$2.39M – $3.18M
NOI $191,047 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Renovated four-unit building with in-unit washer/dryer and tailored layouts, including a three-level penthouse with rooftop view.
Where is this quadplex located?
The property is located at 1461 CHAPIN Street NW Washington, DC.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 4‑unit residential building to be sold as a single building; units 1–3 are 2BR/2BA each; Unit #4 is a 3‑level penthouse with 3BR/3.5BA, modern finishes, private rooftop view, and a rear balcony; Brick construction with forced air heating and central air conditioning
