Four-Unit Brick Residential
2001 M Street NE, Washington, DC 20002
For Sale
$950,000
Multi-Family, WASHINGTON, DC
Property Size2,969 SF
Lot Size0.12 Acres
Price / SF$319.97
Days on Market26
Property Features for 2001 M Street NE
General Information
Property type
Property subtype
Rooms
Parking features
Interior features
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Weichert Realtors - Blue Ribbon
(301) 262-3100
Listed By:
Willie M Rhone-Patterson · License DC #90072
(301) 627-8975
Added: Oct 20
Changed: Nov 10
Last Checked: Nov 14 at 9:06PM
MLS# DCDC2287736
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1943, this 2,969-square-foot brick residential property contains four one-bedroom units across two levels. Each residence has a living and dining area, a private kitchen, and electric range, range hood, and refrigerator. Carpet and hot-water heating are also listed, and the building includes a basement room.
The property occupies 0.116 acres at 2001 M Street NE in Washington, DC. Parking options include on-street and off-street parking.
The property occupies 0.116 acres at 2001 M Street NE in Washington, DC. Parking options include on-street and off-street parking.
Key Highlights
- Four one‑bedroom units, each with a private kitchen
- Two‑level brick building constructed in 1943
- 2,969 square feet on a 0.116‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,563
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,131,260
$1.1M
Cap Rate 7%
$808,043
$808.0K
Cap Rate 9%
$628,478
$628.5K
Market Conditions
NOI Build-Up for 2,969 SF
Gross rent
$85.5K $28.80/SF
− Vacancy
−$4.7K −$1.58/SF
EGI
$80.8K $27.22/SF
− OpEx
−$24.2K −$8.16/SF
NOI
$56.6K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,131,260
Cap Rate 7%
$808,043
Cap Rate 9%
$628,478
Alternative Uses
Best Use
Multifamily LT 5
$808.0K
$707.0K – $942.7K
NOI $56,563 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$722.1K
$631.8K – $842.4K
NOI $50,546 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,303 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Washington, DC
Properties on Market for Quadplexes in Washington
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom units span two levels, with a private kitchen in each residence.
Where is this quadplex located?
The property is located at 2001 M Street NE Washington, DC.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four one‑bedroom units, each with a private kitchen; Two‑level brick building constructed in 1943; 2,969 square feet on a 0.116‑acre parcel
