Four-Unit Residential Income
1733 E Street NE Washington, DC 20002
For Sale
$780,000
MULTI_FAMILY - Other - WASHINGTON, DC
Property Size3,264 SF
Lot Size0.09 Acres
Price / SF$238.97
Days on Market368
Property Features for 1733 E Street NE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
On Street
Standard status
Active
Size
3,264 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
8939
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
1937
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Fairfax Realty Premier
(301) 439-9500
Listed By:
Merle S Walker · License #SP9837830
(240) 464-1786
Added: Jul 28, 2025
Changed: Jul 24
Last Checked: Jul 30 at 9:06AM
MLS# DCDC2210678
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 residential income property contains four spacious units, each configured with 2 bedrooms and 1 bathroom. The building is approximately 3,264 square feet, and HVAC systems are already installed for each unit. The property is described as ready for updates and can support a variety of reconfiguration approaches as part of a renovation or improvement plan.
Located at 1733 E Street NE in Washington, DC 20002, the property is described as being in the extended Capitol Hill corridor and within walking distance of RFK Stadium, popular eateries, local shops, and City Winery. The remarks also note “NO TOPA.”
Set on a lot of approximately 0.0947 acres, the asset provides a straightforward quadplex layout with individual unit HVAC already in place.
Located at 1733 E Street NE in Washington, DC 20002, the property is described as being in the extended Capitol Hill corridor and within walking distance of RFK Stadium, popular eateries, local shops, and City Winery. The remarks also note “NO TOPA.”
Set on a lot of approximately 0.0947 acres, the asset provides a straightforward quadplex layout with individual unit HVAC already in place.
Key Highlights
- Brick building built in 1937 with central air and hot water heating
- 4‑unit multifamily property with 2 bedrooms and 1 bathroom per unit
- 3,264 sq ft building with on‑street parking
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
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four 2-bedroom, 1-bath units with HVAC systems installed for each unit in a small, income-oriented building.
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: Brick building built in 1937 with central air and hot water heating; 4‑unit multifamily property with 2 bedrooms and 1 bathroom per unit; 3,264 sq ft building with on‑street parking
