Woodley Park Multifamily
For Sale
$1,525,000
2256 CATHEDRAL AVE NW, Washington, DC 20008
Multifamily property across from Rock Creek Park in Woodley Park.
Property Size3,295 SF
Price / SF$462.82
Days on Market321
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Property Features for 2256 CATHEDRAL AVE NW
General Information
Standard status
Active
Size
3,295 SF
Property subtype
Multi-family
Listing Agency:
Cranford & Associates
(202) 471-4100
Listed By:
Judy G Cranford
(202) 256-6694
Source:
Careyrealtygroup
Added: Nov 28, 2025
Changed: Oct 1
Last Checked: Oct 14 at 10:38PM
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 Cranford & Associates
Investment Insights
Based on property information with market context.
Located across from Rock Creek Park in Woodley Park, this property is currently configured as a four-unit building, with three units currently rented. The building, constructed in 1909, features a porch front and retains much of its original character. The property benefits from abundant natural light, with large windows throughout, and includes original wood floors. Parking is available for two cars. One of the units includes a balcony that overlooks the park. The property offers space and potential.
Key Highlights
- Prime location directly across from Rock Creek Park in Woodley Park.
- Currently configured as a four‑unit building with three units generating rental income.
- Features parking for two cars.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,037
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,180,740
$1.2M
Cap Rate 7%
$843,386
$843.4K
Cap Rate 9%
$655,967
$656.0K
Market Conditions
NOI Build-Up for 3,295 SF
Gross rent
$89.0K $27.00/SF
− Vacancy
−$4.6K −$1.40/SF
EGI
$84.3K $25.60/SF
− OpEx
−$25.3K −$7.68/SF
NOI
$59.0K $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%
$1,180,740
Cap Rate 7%
$843,386
Cap Rate 9%
$655,967
Alternative Uses
Best Use
Multifamily LT 5
$843.4K
$738.0K – $984.0K
NOI $59,037 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$782.1K
$684.4K – $912.5K
NOI $54,748 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.69M
$1.48M – $1.98M
NOI $118,639 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,110
Businesses Nearby
Explore this area
Business Placement
Demographics for 20008, DC
30,143
Population
18,083
Households
1.7
Avg Household Size
38
Median Age
89%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,724
Density / Sq Mi
$123,653
Median Household Income
$87,607
Median Earnings
$2,202
Median Rent
$894,100
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 - Multifamily property across from Rock Creek Park in Woodley Park.
Where is this quadplex located?
The property is located at 2256 CATHEDRAL AVE NW Washington, DC.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Prime location directly across from Rock Creek Park in Woodley Park.; Currently configured as a four‑unit building with three units generating rental income.; Features parking for two cars.
