1508 V Street SE Washington, DC 20020
MULTI_FAMILY - Other - WASHINGTON, DC
Property Features for 1508 V Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,044 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7229
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1936
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Arielle N Nagia License #SP200206190 (240) 401-2341
Listing office Redfin Corp 2001 S Street unit: 200, Falls Church, DC (202) 759-7581
Listing date Apr 7, 2026
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.
Key Highlights
- Delivered fully vacant, offering immediate leasing or upgrade opportunities to maximize income potential.
- Four‑unit quadruplex in the Anacostia neighborhood.
- Four 2‑bedroom, 1‑bath units with functional layouts.
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 | $82.2k | $27.00 |
| − Vacancy | −$5.3k | −$1.76 |
| EGI | $76.8k | $25.25 |
| − OpEx | −$23.1k | −$7.57 |
| NOI | $53.8k | $17.67 |
