Four-Unit Building in Washington,
1851 NE KENDALL Street NE Washington, DC 20002
For Sale
$889,000
MULTI_FAMILY - WASHINGTON, DC
Property Size2,138 SF
Lot Size0.08 Acres
Price / SF$415.81
Days on Market490
Property Features for 1851 NE KENDALL Street NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
2,138 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
4564
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1942
Number of units
4
Building materials
Brick
Listing Agency:
Bennett Realty Solutions
(301) 459-5040
Listed By:
Thurman L. Battle · License #91424
(301) 646-4047
Added: Mar 28, 2025
Changed: Jun 9
Last Checked: Jul 30 at 9:06AM
MLS# DCDC2192728
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 is a four-unit building located in Washington, DC. One unit is currently vacant. The property is situated within walking distance of attractive developments, eateries, City Winery, and nightlife. The lot size is 0.0826 acres. The building size is 2138 square feet.
Key Highlights
- Four‑unit building presents an investment/development opportunity.
- One unit is currently vacant, offering immediate income potential or renovation opportunity.
- Prime location within walking distance to attractive development, eateries, City Winery, and nightlife.
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 | $61.6k | $28.80 |
| − Vacancy | −$3.4k | −$1.58 |
| EGI | $58.2k | $27.22 |
| − OpEx | −$17.5k | −$8.16 |
| NOI | $40.7k | $19.05 |
2,138 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$581.9K
$509.1K – $678.9K
NOI $40,731 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$520.0K
$455.0K – $606.7K
NOI $36,399 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$1.10M
$965.9K – $1.29M
NOI $77,270 @ 7.0% cap · market cap 8.69%
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-unit building in Washington, DC, with development potential.
Where is this quadplex located?
The property is located at 1851 NE KENDALL Street NE Washington, DC.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Four‑unit building presents an investment/development opportunity.; One unit is currently vacant, offering immediate income potential or renovation opportunity.; Prime location within walking distance to attractive development, eateries, City Winery, and nightlife.
