4-Unit Residential Income
For Sale
$780,000
1733 E St NE, Washington, DC 20002
Four two-bedroom, one-bath units in a quadplex with HVAC installed for each unit.
Property Size3,264 SF
Price / SF$238.97
Days on Market194
Property Features for 1733 E St NE
General Information
Standard status
Active
Size
3,264 SF
Property subtype
Investment
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$8,939
Building Details
Building Size
3,264 SF
Year Built
1937
Units
4
Tenancy
Multi
Listing Agency:
Fairfax Realty Select
Listed By:
Merle S Walker · License #SP9837830
(240) 464-1786
Source:
Elliman
Added: Mar 27
Changed: Oct 6
Last Checked: Oct 5 at 6:01PM
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 Fairfax Realty Select
Investment Insights
Based on property information with market context.
This quadplex features four residential units, each configured with two bedrooms and one bathroom. The building totals 3,264 square feet and includes HVAC systems already installed for each unit, eliminating the need for window units.
The property is described as having “no TOPA,” and it is located in the extended Capitol Hill corridor within walking distance to RFK Stadium, local shops and eateries, and City Winery. Walk Score is 81 (Very Walkable), Bike Score is 98 (Biker’s Paradise), and Transit Score is 73 (Excellent Transit).
Offered for sale as a residential income property, it presents a straightforward existing layout of four units while allowing room for new owners to determine their preferred approach to updates and long-term positioning.
The property is described as having “no TOPA,” and it is located in the extended Capitol Hill corridor within walking distance to RFK Stadium, local shops and eateries, and City Winery. Walk Score is 81 (Very Walkable), Bike Score is 98 (Biker’s Paradise), and Transit Score is 73 (Excellent Transit).
Offered for sale as a residential income property, it presents a straightforward existing layout of four units while allowing room for new owners to determine their preferred approach to updates and long-term positioning.
Key Highlights
- 1937‑built quadplex with 4 units, each featuring 2 bedrooms and 1 bathroom
- Total building size: 3,264 sq ft
- HVAC systems installed for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,183
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,243,660
$1.2M
Cap Rate 7%
$888,329
$888.3K
Cap Rate 9%
$690,922
$690.9K
Market Conditions
NOI Build-Up for 3,264 SF
Gross rent
$94.0K $28.80/SF
− Vacancy
−$5.2K −$1.58/SF
EGI
$88.8K $27.22/SF
− OpEx
−$26.6K −$8.16/SF
NOI
$62.2K $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%
$1,243,660
Cap Rate 7%
$888,329
Cap Rate 9%
$690,922
Alternative Uses
Best Use
Multifamily LT 5
$888.3K
$777.3K – $1.04M
NOI $62,183 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$793.8K
$694.6K – $926.2K
NOI $55,569 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.69M
$1.47M – $1.97M
NOI $117,965 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,066
Businesses Nearby
Explore this area
Business Placement
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
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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 two-bedroom, one-bath units in a quadplex with HVAC installed for each unit.
Where is this quadplex located?
The property is located at 1733 E St NE Washington, DC.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 1937‑built quadplex with 4 units, each featuring 2 bedrooms and 1 bathroom; Total building size: 3,264 sq ft; HVAC systems installed for each unit
