Multifamily Property in Washington,
236 Varnum Street Northeast Washington, DC 20011
For Sale
$435,000
Multifamily property in Washington, DC with 1728 square feet.
Property Size1,728 SF
Price / SF$251.74
Days on Market146
Property Features for 236 Varnum Street Northeast
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Multi-Family / Fee Simple
Building Details
Year Built
1947
Listing Agency:
Keller Williams Preferred Properties
(240) 565-7509
Listed By:
Myeisha U Duckett · License #SP98376964
(240) 565-7509
Source:
Compass
Added: Mar 6
Changed: Jul 10
Last Checked: Jul 7 at 4:50AM
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 Keller Williams Preferred Properties
Investment Insights
Based on property information with market context.
This multifamily property is located in Washington, DC, within the city limits, in Washington County. The property has a size of 1728 square feet. The school district is DISTRICT OF COLUMBIA PUBLIC SCHOOLS.
Key Highlights
- Located in Washington County
- In City Limits
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Financial Insights For Apartment 5plus
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 | $53.1k | $30.72 |
| − Vacancy | −$3.1k | −$1.78 |
| EGI | $50.0k | $28.94 |
| − OpEx | −$22.5k | −$13.02 |
| NOI | $27.5k | $15.92 |
1,728 SF · lease $30.72/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$392.9K
$343.8K – $458.4K
NOI $27,503 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$892.2K
$780.7K – $1.04M
NOI $62,452 @ 7.0% cap · market cap 14.36%
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?
Multifamily property - Multifamily property in Washington, DC with 1728 square feet.
Where is this multifamily property located?
The property is located at 236 Varnum Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Located in Washington County; In City Limits; School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
