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Occupied Four-Unit Brick Quadplex
For Sale
$869,000

1729 TRINIDAD Avenue NE, Washington, DC 20002

Multi-Family, WASHINGTON, DC

Property Size3,244 SF
Lot Size0.08 Acres
Price / SF$267.88
Days on Market89

Property Features for 1729 TRINIDAD Avenue NE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features On Street
Subdivision TRINIDAD
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 3,244 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 7234

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1920
Number of units 4
Building materials Brick
Architectural style Federal
Listing Agency: Cottage Street Realty LLC
Listed By: Alexandra I Burrell-Hodges · License #IB98371676
Added: Jul 10 Changed: Sep 21 Last Checked: Oct 6 at 6:06AM
MLS# DCDC2270584

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 3,244-square-foot quadplex contains four occupied residences, each configured with one bedroom, one bathroom, and a den. The 1920 building has brick construction, Federal architectural styling, forced-air heat, central air conditioning, and on-street parking. It is being offered strictly in its current condition.

The property occupies 0.0842 acres at 1729 Trinidad Avenue NE in Washington, DC 20002. New architectural drawings are available for a proposed four-unit condominium layout, with the plans presented for informational purposes. The existing building and proposed configuration should be evaluated separately.

Current occupancy, operating information, and a reported 4.6% cap rate provide context for the existing four-unit arrangement. The property also includes landlord-paid water, sewer, and trash service under the current setup.

Key Highlights

  • Four fully occupied units, each with 1 bedroom, 1 bathroom, and a den
  • 3,244 SF building on a 0.0842‑acre lot
  • Reported current cap rate of 4.6%

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,802
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,236,040 $1.2M
Cap Rate 7%
$882,886 $882.9K
Cap Rate 9%
$686,689 $686.7K
Market Conditions
NOI Build-Up for 3,244 SF
Gross rent
$93.4K $28.80/SF
− Vacancy
−$5.1K −$1.58/SF
EGI
$88.3K $27.22/SF
− OpEx
−$26.5K −$8.16/SF
NOI
$61.8K $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%
$1,236,040
Cap Rate 7%
$882,886
Cap Rate 9%
$686,689

Alternative Uses

Best Use
Multifamily LT 5
$882.9K
$772.5K – $1.03M (±1% cap)
NOI $61,802 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$789.0K
$690.4K – $920.5K (±1% cap)
NOI $55,228 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$1.67M
$1.47M – $1.95M (±1% cap)
NOI $117,242 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Spa & Massage Center Acupuncture Nursing Home Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,385
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied residences feature one bedroom, a den, and one bathroom each.
Where is this quadplex located?
The property is located at 1729 TRINIDAD Avenue NE Washington, DC.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Four fully occupied units, each with 1 bedroom, 1 bathroom, and a den; 3,244 SF building on a 0.0842‑acre lot; Reported current cap rate of 4.6%
More about this property
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