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Multifamily Property in Washington, DC

236 Varnum Street Northeast Washington, DC 20011

236 Varnum Street Northeast, Washington, DC, 20011
$435,000
For Sale
Claim this Listing
$435,000

Multifamily property in Washington, DC with 1728 square feet.

Property Size1,728 SF
Price / SF$251.74
AddedMar 6
Days on Market132
Last RefreshJul 7 at 4:50 am

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 office Keller Williams Preferred Properties

Listing date Mar 6, 2026

Source Compass

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

Local 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 (±1% cap)
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 (±1% cap)
NOI $62,452 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

FAQs

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
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