Brick Four-Unit
For Sale
$689,000
1732 S Street SE, Washington, DC 20020
Multi-Family, WASHINGTON, DC
Property Size2,720 SF
Lot Size0.07 Acres
Price / SF$253.31
Days on Market94
Property Features for 1732 S Street SE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
On Street
Appliances
Oven/Range - Gas, Refrigerator, Stove
Subdivision
RANDLE HEIGHTS
Middle school
KRAMER
High school
ANACOSTIA SENIOR
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
2,720 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
5335
Utilities
Heating system
Hot Water(Heating)
Amenities
in-unit washer and dryer
built-in microwave
gas range
Building Details
Year built
1938
Number of units
4
Building materials
Brick, Vinyl Siding
Architectural style
Other
Listing Agency:
Coldwell Banker Realty - Washington · Coldwell Banker Real Estate
(202) 387-6180
Listed By:
DHEERESH PATEL · License #SP200203533
(202) 588-0055
Added: Jun 12
Changed: Sep 5
Last Checked: Sep 13 at 11:06AM
MLS# DCDC2267952
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 four-unit quadplex at 1732 S Street SE contains 2,720 square feet on a 0.07-acre lot. Built in 1938, the property includes four one-bedroom units with dens or enclosed patios. Each unit has a washer and dryer, built-in microwave, gas range, refrigerator, and stove. The building features brick and vinyl siding, hot-water heating, a basement, and on-street parking.
The property is positioned near Anacostia Park, the riverwalk trail, Anacostia Recreation Center, and the Anacostia Metro station. Regional access includes I-295, I-695, Suitland Parkway, South Capitol Street, Metrobus, DCA Airport, Andrews AFB, and National Harbor. Nearby destinations include Downtown DC, Capitol Hill, Navy Yard, the National Mall, Smithsonian Museums, and the SW Waterfront. The source information cites an approximate 6% cap rate and describes the property as revenue-generating.
The property is positioned near Anacostia Park, the riverwalk trail, Anacostia Recreation Center, and the Anacostia Metro station. Regional access includes I-295, I-695, Suitland Parkway, South Capitol Street, Metrobus, DCA Airport, Andrews AFB, and National Harbor. Nearby destinations include Downtown DC, Capitol Hill, Navy Yard, the National Mall, Smithsonian Museums, and the SW Waterfront. The source information cites an approximate 6% cap rate and describes the property as revenue-generating.
Key Highlights
- Four‑unit quadplex with 2,720 square feet
- Four one‑bedroom units with dens or enclosed patios
- Each unit includes in‑unit washer and dryer, built‑in microwave, gas range, refrigerator, and stove
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,066
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$961,320
$961.3K
Cap Rate 7%
$686,657
$686.7K
Cap Rate 9%
$534,067
$534.1K
Market Conditions
NOI Build-Up for 2,720 SF
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.
Gross rent
$73.4K $27.00/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$68.7K $25.25/SF
− OpEx
−$20.6K −$7.57/SF
NOI
$48.1K $17.67/SF
Area
ZIP 20020
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$961,320
Cap Rate 7%
$686,657
Cap Rate 9%
$534,067
Alternative Uses
Best Use
Multifamily LT 5
$686.7K
$600.8K – $801.1K
NOI $48,066 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$613.4K
$536.7K – $715.7K
NOI $42,939 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,304 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,272
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom units with enclosed patios, in-unit laundry, and gas cooking appliances.
Where is this quadplex located?
The property is located at 1732 S Street SE Washington, DC.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2,720 square feet; Four one‑bedroom units with dens or enclosed patios; Each unit includes in‑unit washer and dryer, built‑in microwave, gas range, refrigerator, and stove
