Brick Quadplex with Updated
For Sale
$749,500
1715 CAPITOL Avenue NE, Washington, DC 20002
Multi-Family, WASHINGTON, DC
Property Size3,232 SF
Lot Size0.07 Acres
Price / SF$231.90
Days on Market49
Property Features for 1715 CAPITOL Avenue NE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
On Street
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Size
3,232 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
6891
Utilities
Heating system
Forced Air, Other (Heating)
Building Details
Year built
1936
Floors in Building
2
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Abel M Gebremichael · License #SP98377913
(202) 601-0160
Added: Sep 10
Changed: Oct 20
Last Checked: Oct 28 at 6:06PM
MLS# DCDC2280324
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.
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Investment Insights
Based on property information with market context.
Built in 1936, this 3,232-square-foot brick quadplex contains four one-bedroom-plus-den, one-bathroom apartments. Three units are occupied and one is vacant. Interior features include wood-look laminate flooring, ceiling fans, updated bath fixtures, and kitchens with white cabinetry, gas ranges, and granite countertops.
The property occupies a 0.0663-acre lot at 1715 Capitol Avenue NE in Washington, DC. On-street parking is listed among the property features.
The property occupies a 0.0663-acre lot at 1715 Capitol Avenue NE in Washington, DC. On-street parking is listed among the property features.
Key Highlights
- Four 1‑bedroom‑plus‑den, 1‑bathroom apartments
- 3,232‑square‑foot brick building constructed in 1936
- Three units occupied; one unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,573
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,460
$1.2M
Cap Rate 7%
$879,614
$879.6K
Cap Rate 9%
$684,144
$684.1K
Market Conditions
NOI Build-Up for 3,232 SF
Gross rent
$93.1K $28.80/SF
− Vacancy
−$5.1K −$1.58/SF
EGI
$88.0K $27.22/SF
− OpEx
−$26.4K −$8.16/SF
NOI
$61.6K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,460
Cap Rate 7%
$879,614
Cap Rate 9%
$684,144
Alternative Uses
Best Use
Multifamily LT 5
$879.6K
$769.7K – $1.03M
NOI $61,573 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$786.1K
$687.8K – $917.1K
NOI $55,024 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,808 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,499
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
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
Frequently Asked Questions
What type of property is this?
Quadplex - Three apartments are occupied, while the fourth is vacant and ready for occupancy or leasing.
Where is this quadplex located?
The property is located at 1715 CAPITOL Avenue NE Washington, DC.
What is the asking price?
The asking price for this property is $749,500.
What are key features of this property?
This property features: Four 1‑bedroom‑plus‑den, 1‑bathroom apartments; 3,232‑square‑foot brick building constructed in 1936; Three units occupied; one unit vacant
