Four-Unit Residential Income
1733 E Street NE Washington, DC 20002
For Sale
$780,000
Four 2-bedroom, 1-bath units in a 3,264 sq ft building with HVAC systems installed for each unit.
Property Size3,264 SF
Price / SF$238.97
Days on Market368
Property Features for 1733 E Street NE
General Information
Standard status
Active
Size
3,264 SF
Property subtype
Multi-Family
Building Details
Year Built
1937
Listing Agency:
Crown Realty International Ltd
(610) 679-0127
Listed By:
Amanda Strain
(610) 679-0127
Source:
Thetristaterealestategroup
Added: Jul 28, 2025
Changed: Jul 27
Last Checked: Jul 30 at 2:47AM
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 Crown Realty International Ltd
Investment Insights
Based on property information with market context.
A four-unit residential income property at 1733 E Street NE, Washington, DC. The building contains four spacious units, each with two bedrooms and one bathroom. HVAC systems are installed for each unit, eliminating the need for window units and supporting straightforward modernization.
Located in the extended Capitol Hill corridor, the property is described as within walking distance to RFK Stadium, popular eateries, local shops, and City Winery. The public remarks also note “NO TOPA.” The offering is positioned as an opportunity for renovation, with additional expansion concepts described including an upward rooftop addition or extending outward to add bedrooms or common space.
Located in the extended Capitol Hill corridor, the property is described as within walking distance to RFK Stadium, popular eateries, local shops, and City Winery. The public remarks also note “NO TOPA.” The offering is positioned as an opportunity for renovation, with additional expansion concepts described including an upward rooftop addition or extending outward to add bedrooms or common space.
Key Highlights
- 4‑unit building with four 2‑bedroom, 1‑bath units in a 3,264 sq ft structure
- HVAC is installed for each unit (central air and natural gas heating for the property)
- Natural gas hot water and heating; central air available (per provided interior features)
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 | $94.0k | $28.80 |
| − Vacancy | −$5.2k | −$1.58 |
| EGI | $88.8k | $27.22 |
| − OpEx | −$26.6k | −$8.16 |
| NOI | $62.2k | $19.05 |
3,264 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four 2-bedroom, 1-bath units in a 3,264 sq ft building with HVAC systems installed for each unit.
Where is this quadplex located?
The property is located at 1733 E Street 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: 4‑unit building with four 2‑bedroom, 1‑bath units in a 3,264 sq ft structure; HVAC is installed for each unit (central air and natural gas heating for the property); Natural gas hot water and heating; central air available (per provided interior features)
