Brick Quadplex Near
For Sale
$720,000
171 35TH Street NE, Washington, DC 20019
Multi-Family, WASHINGTON, DC
Property Size3,230 SF
Lot Size0.08 Acres
Price / SF$222.91
Days on Market99
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Property Features for 171 35TH Street NE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Special listing conditions
Short Sale
Standard status
Active
Size
3,230 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
4124
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1941
Number of units
4
Building materials
Brick
Architectural style
Federal
Listing Agency:
Realty One Group Performance, LLC
(240) 583-1183
Listed By:
RUSSELL F BROWN · License #SP98377919
(202) 256-5964
Added: Jul 9
Changed: Sep 23
Last Checked: Oct 15 at 4:06PM
MLS# DCDC2272100
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 Federal-style quadplex is a brick residential income property built in 1941. The building contains 3,230 square feet on a 0.0785-acre lot and is heated by a hot water system. The property is expected to be delivered 75% vacant.
The asset is located in Washington, DC’s Deanwood section, near public transportation, a metro station, grocery stores, a pharmacy, and banks. Its four-unit configuration provides an established multifamily format within a compact urban parcel.
The asset is located in Washington, DC’s Deanwood section, near public transportation, a metro station, grocery stores, a pharmacy, and banks. Its four-unit configuration provides an established multifamily format within a compact urban parcel.
Key Highlights
- Four‑unit quadplex configuration
- 3,230 square feet on a 0.0785‑acre lot
- 75% vacant delivery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,352
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,040
$1.2M
Cap Rate 7%
$890,743
$890.7K
Cap Rate 9%
$692,800
$692.8K
Market Conditions
NOI Build-Up for 3,230 SF
Gross rent
$95.0K $29.40/SF
− Vacancy
−$5.9K −$1.82/SF
EGI
$89.1K $27.58/SF
− OpEx
−$26.7K −$8.27/SF
NOI
$62.4K $19.30/SF
Area
ZIP 20019
Vacancy
6.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,040
Cap Rate 7%
$890,743
Cap Rate 9%
$692,800
Alternative Uses
Best Use
Multifamily LT 5
$890.7K
$779.4K – $1.04M
NOI $62,352 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$795.8K
$696.4K – $928.5K
NOI $55,708 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,502 @ 7.0% cap · market cap 16.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential income property with brick construction and access to neighborhood retail and public transportation.
Where is this quadplex located?
The property is located at 171 35TH Street NE Washington, DC.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; 3,230 square feet on a 0.0785‑acre lot; 75% vacant delivery
