Brick Four-Unit
For Sale
$1,295,000
1923 35TH Place NW, Washington, DC 20007
Multi-Family, WASHINGTON, DC
Property Size2,500 SF
Lot Size0.04 Acres
Price / SF$518
Days on Market187
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Property Features for 1923 35TH Place NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Interior features
Floor Plan - Traditional, Wood Floors, Ceiling Fan(s)
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Size
2,500 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
13916
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Amenities
patio
laundry/storage room
Building Details
Year built
1915
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Chatel Real Estate, Inc.
Listed By:
John T Taylor · License #BR89427
(202) 338-0500
Added: Apr 12
Changed: Oct 11
Last Checked: Oct 15 at 5:06PM
MLS# DCDC2251286
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 2,500-square-foot brick quadplex contains four self-contained residences, each arranged with one bedroom plus a den. The largest residence spans two levels and is currently vacant, while two units include patio areas. A basement laundry and storage room serves the property. Interior details include wood flooring, ceiling fans, window-unit cooling, and a traditional floor plan. On-street parking is provided, and the building dates to 1915.
The property sits a few blocks north of Georgetown in Burleith, on a residential street near the Georgetown Safeway, Trader Joe’s, restaurants, and shops along Wisconsin Ave. Its Washington, DC 20007 location places the building within an established residential and retail setting.
The property sits a few blocks north of Georgetown in Burleith, on a residential street near the Georgetown Safeway, Trader Joe’s, restaurants, and shops along Wisconsin Ave. Its Washington, DC 20007 location places the building within an established residential and retail setting.
Key Highlights
- Four self‑contained units, each with one bedroom plus a den
- 2,500 square feet on a 0.0384‑acre lot
- Largest two‑level unit is currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,793
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,860
$895.9K
Cap Rate 7%
$639,900
$639.9K
Cap Rate 9%
$497,700
$497.7K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$67.5K $27.00/SF
− Vacancy
−$3.5K −$1.40/SF
EGI
$64.0K $25.60/SF
− OpEx
−$19.2K −$7.68/SF
NOI
$44.8K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,860
Cap Rate 7%
$639,900
Cap Rate 9%
$497,700
Alternative Uses
Best Use
Multifamily LT 5
$639.9K
$559.9K – $746.6K
NOI $44,793 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$593.4K
$519.2K – $692.3K
NOI $41,539 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,014 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,870
Businesses Nearby
Explore this area
Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four self-contained residences feature one-bedroom-plus-den layouts, with patios serving two units.
Where is this quadplex located?
The property is located at 1923 35TH Place NW Washington, DC.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Four self‑contained units, each with one bedroom plus a den; 2,500 square feet on a 0.0384‑acre lot; Largest two‑level unit is currently vacant
