Multifamily Property with Private
1722-1726 Galen Street Southeast Washington, DC 20020
For Sale
$550,000
Brick multifamily building with bright interiors, off-street parking, and a flexible basement for additional use.
Property Size1,775 SF
Price / SF$309.86
Days on Market67
Property Features for 1722-1726 Galen Street Southeast
General Information
- Standard status
- Active
- Size
- 1,775 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1965
Listing Agency:
Keller Williams Realty
(240) 885-6806
Listed By:
Deborah K Reynolds · License #BR98374317
(240) 885-6806
Source:
Compass
Added: May 20
Changed: Jul 10
Last Checked: Jul 24 at 1:09PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This multifamily property features a classic brick exterior and bright, light-filled living spaces designed for comfortable day-to-day use. A private driveway provides convenient off-street parking, a practical benefit for urban living. The basement adds meaningful flexibility and can be adapted for a range of needs, including additional living space, recreation, storage, hobbies, fitness, or a work-from-home setup.
Located in Washington, DC in a well-connected Southeast area, the property offers convenient access to major commuter routes and public transportation. It is positioned for trips to Capitol Hill, Navy Yard, and downtown DC, while nearby parks, waterfront areas, and walking trails support outdoor recreation close to home. Shopping, dining, entertainment, and daily essentials are also within reach.
For tenants and owners, the bright interior layout and adaptable basement can support multiple living styles and operational needs within the existing improvements. The combination of timeless curb appeal, off-street parking access, and usable extra space may be especially useful for households looking for flexibility while staying connected to key parts of the city.
Located in Washington, DC in a well-connected Southeast area, the property offers convenient access to major commuter routes and public transportation. It is positioned for trips to Capitol Hill, Navy Yard, and downtown DC, while nearby parks, waterfront areas, and walking trails support outdoor recreation close to home. Shopping, dining, entertainment, and daily essentials are also within reach.
For tenants and owners, the bright interior layout and adaptable basement can support multiple living styles and operational needs within the existing improvements. The combination of timeless curb appeal, off-street parking access, and usable extra space may be especially useful for households looking for flexibility while staying connected to key parts of the city.
Key Highlights
- Brick multifamily building built in 1965
- Private driveway provides off‑street parking
- Basement offers flexible additional space for living, recreation, storage, or a work‑from‑home setup
Financial Insights For Apartment 5plus
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 | $54.3k | $30.60 |
| − Vacancy | −$3.4k | −$1.90 |
| EGI | $50.9k | $28.70 |
| − OpEx | −$22.9k | −$12.92 |
| NOI | $28.0k | $15.79 |
1,775 SF · lease $30.60/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$400.3K
$350.3K – $467.0K
NOI $28,021 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$916.4K
$801.9K – $1.07M
NOI $64,150 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Brick multifamily building with bright interiors, off-street parking, and a flexible basement for additional use.
Where is this multifamily property located?
The property is located at 1722-1726 Galen Street Southeast Washington, DC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Brick multifamily building built in 1965; Private driveway provides off‑street parking; Basement offers flexible additional space for living, recreation, storage, or a work‑from‑home setup
