1732 S Street SE, Washington, DC 20020
MULTI_FAMILY - Other - WASHINGTON, DC
- Added:
- Jun 12, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 14 at 3:06 pm
Property Features for 1732 S Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Appliances
- Oven/Range - Gas, Refrigerator, Stove
- 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)
Building Details
- Year built
- 1938
- Number of units
- 4
- Building materials
- Brick, Vinyl Siding
- Architectural style
- Other
Listing agent DHEERESH PATEL License #SP200203533 (202) 588-0055
Listing office Coldwell Banker Realty - Washington 1025 Thomas Jefferson Street unit: W-3300, TIMONIUM, DC (202) 387-6180
Listing date Jun 12, 2026
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.
HighLights
- 4‑unit brick multifamily (quadruplex), built in 1938
- Approx. 6% cap rate noted for the cash‑flowing multifamily
- Each unit has in‑unit washer and dryer plus built‑in microwave and gas range
- Opportunity Zone (OZ) benefits may be available to purchasers
- Located about 1 mile from Poplar Point: a recently approved 15‑acre, $500M Therme Group indoor waterpark and wellness center (500,000 SF)
- Hot water heating and on‑street parking
Overview
Located on a quiet, tree-lined residential street inside Washington, DC, the property is described as centrally positioned to major destinations in the city. The remarks note easy access to Anacostia Park and the riverwalk trail/path, along with proximity to the Anacostia Recreation Center at Ketcham. The asset is also described as about one mile from the recently approved Poplar Point development, with additional mention of nearby projects including MLK Gateway and 11th Street Bridge Park.
From a tenant and buyer fit perspective, this four-unit offering is positioned for flexible occupancy strategies, including live-in ownership and buy-and-hold. The property is described as producing immediate cash flow, with an approximate 6% cap rate noted in the remarks, and it may offer value-add or repositioning paths as well. For operators and investors, the structure and unit amenities support steady everyday usability, while owner-occupants may value the ability to occupy one unit and rent the others.
Local Financial Insights For Multifamily LT 5
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 | $73.4k | $27.00 |
| − Vacancy | −$4.8k | −$1.76 |
| EGI | $68.7k | $25.25 |
| − OpEx | −$20.6k | −$7.57 |
| NOI | $48.1k | $17.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.97946
- Latitude
- 38.86846
