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Four-Unit Building Near Capitol Hill

1733 E Street Northeast Washington, DC 20002

1733 E Street Northeast, Washington, DC, 20002
$849,826
For Sale
Claim this Listing
$849,826

3,264 sq ft four-unit building near RFK Stadium.

Property Size3,264 SF
Price / SF$260.36
AddedJul 28, 2025
Days on Market354
Last RefreshJul 15 at 9:44 pm

Property Features for 1733 E Street Northeast

General Information

Standard status
Active
Size
3,264 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1937

Listing office Fairfax Realty Premier

Listing date Jul 28, 2025

Source Compass

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 Premier


Investment Insights

Based on property information with market context.

This 3,264 sq ft building features four units, each containing two bedrooms and one bathroom. HVAC systems are installed in each unit. Located in the extended Capitol Hill corridor, the property is within walking distance of RFK Stadium, eateries, local shops, and City Winery. The property offers potential for renovation, expansion, or new construction. Opportunities include expanding upward with a rooftop addition, or extending outward to add extra bedrooms or common space. The property could be transformed into a high-income-producing rental. The location is within city limits, in Washington County, and is part of the DISTRICT OF COLUMBIA PUBLIC SCHOOLS school district.

Key Highlights

  • Prime location in the extended Capitol Hill corridor, near RFK Stadium, eateries, shops, and City Winery.
  • Four spacious units, each with 2 bedrooms and 1 bathroom, totaling 3,264 sq ft.
  • Significant income potential: live in one unit and rent out the other three.

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 $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 (±1% cap)
NOI $62,183 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$793.8K
$694.6K – $926.2K (±1% cap)
NOI $55,569 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$1.69M
$1.47M – $1.97M (±1% cap)
NOI $117,965 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Home Appliance Store Tanning Salon Nursing Home (Bike/Boat/Book/etc) Store Florist Arcade & Gaming Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - 3,264 sq ft four-unit building near RFK Stadium.
Where is this quadplex located?
The property is located at 1733 E Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $849,826.
What are key features of this property?
This property features: Prime location in the extended Capitol Hill corridor, near RFK Stadium, eateries, shops, and City Winery.; Four spacious units, each with 2 bedrooms and 1 bathroom, totaling 3,264 sq ft.; Significant income potential: live in one unit and rent out the other three.
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