Traditional Multifamily
For Sale
$700,000
162 36th St NE, Washington, DC 20019
Built in 1941 with central air and natural-gas hot water.
Property Size3,400 SF
Price / SF$205.88
Days on Market75
Property Features for 162 36th St NE
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Multi-Family
Building Details
Year Built
1941
Listing Agency:
Houwzer, LLC
Listed By:
Angela Allison
(202) 866-8787
Source:
Lgagne
Added: Aug 2
Changed: Oct 14
Last Checked: Oct 7 at 5:22PM
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 Houwzer, LLC
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Investment Insights
Based on property information with market context.
This multifamily property at 162 36th St NE in Washington, DC, carries RA-1 zoning and dates to 1941. The property includes central air and hot water served by natural gas. Exterior details include a traditional design and on-street parking. The property is identified within Washington, DC 20019 and is offered for sale.
Key Highlights
- RA‑1 zoning
- Built in 1941
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,640
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,172,800
$1.2M
Cap Rate 7%
$837,714
$837.7K
Cap Rate 9%
$651,556
$651.6K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$113.4K $33.36/SF
− Vacancy
−$6.8K −$2.00/SF
EGI
$106.6K $31.36/SF
− OpEx
−$48.0K −$14.11/SF
NOI
$58.6K $17.25/SF
Area
ZIP 20019
Vacancy
6.00%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,172,800
Cap Rate 7%
$837,714
Cap Rate 9%
$651,556
Alternative Uses
Best Use
Apartment 5plus
$837.7K
$733.0K – $977.3K
NOI $58,640 @ 7.0% cap · market cap 8.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,897 @ 7.0% cap · market cap 18.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Built in 1941 with central air and natural-gas hot water.
Where is this multifamily property located?
The property is located at 162 36th St NE Washington, DC.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: RA‑1 zoning; Built in 1941; Central air conditioning
