Brick Quadplex with Vacant
For Sale
$575,000
1733 MINNESOTA Avenue SE, Washington, DC 20020
Multi-Family, WASHINGTON, DC
Property Size3,232 SF
Lot Size0.08 Acres
Price / SF$177.91
Days on Market57
Property Features for 1733 MINNESOTA Avenue SE
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
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
5549
Utilities
Heating system
Other (Heating)
Cooling system
Ceiling Fan(s)
Building Details
Year built
1938
Number of units
4
Building materials
Brick
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Abel M Gebremichael · License #SP98377913
(202) 601-0160
Added: Aug 20
Changed: Oct 12
Last Checked: Oct 15 at 12:06PM
MLS# DCDC2278098
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 brick quadplex contains four residential units, including three currently occupied units and one vacant unit. The available unit can support owner occupancy or future leasing, while the occupied units provide existing rental income. Built in 1938, the property includes ceiling fans, other heating, and on-street parking.
The property sits on a 0.0781-acre lot in Randle Heights, Washington, DC, with substantial rear yard space. It is located at 1733 Minnesota Avenue SE in the 20020 postal area and is zoned RA-2, identified as a moderate-density residential apartment zone. The building offers a 3,232-square-foot configuration suited to multifamily ownership and operation.
The property sits on a 0.0781-acre lot in Randle Heights, Washington, DC, with substantial rear yard space. It is located at 1733 Minnesota Avenue SE in the 20020 postal area and is zoned RA-2, identified as a moderate-density residential apartment zone. The building offers a 3,232-square-foot configuration suited to multifamily ownership and operation.
Key Highlights
- Four‑unit brick residential building with 3 occupied units and 1 vacant unit
- 3,232 square feet of building area
- 0.0781‑acre lot with substantial rear yard space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,022
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,020,440
$1.0M
Cap Rate 7%
$728,886
$728.9K
Cap Rate 9%
$566,911
$566.9K
Market Conditions
NOI Build-Up for 3,232 SF
Gross rent
$98.9K $30.60/SF
− Vacancy
−$6.1K −$1.90/SF
EGI
$92.8K $28.70/SF
− OpEx
−$41.7K −$12.92/SF
NOI
$51.0K $15.79/SF
Area
ZIP 20020
Vacancy
6.20%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,020,440
Cap Rate 7%
$728,886
Cap Rate 9%
$566,911
Alternative Uses
Best Use
Multifamily LT 5
$815.9K
$713.9K – $951.9K
NOI $57,114 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$728.9K
$637.8K – $850.4K
NOI $51,022 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,808 @ 7.0% cap · market cap 20.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential building with three occupied units and one available for occupancy in Randle Heights.
Where is this quadplex located?
The property is located at 1733 MINNESOTA Avenue SE Washington, DC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Four‑unit brick residential building with 3 occupied units and 1 vacant unit; 3,232 square feet of building area; 0.0781‑acre lot with substantial rear yard space
