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4-Unit Multifamily Property

2506 N ST SE, Washington, DC 20019

For Sale
$650,000

Two- and three-bedroom residences create a varied unit mix, with one apartment currently vacant.

Property Size3,480 SF
Price / SF$186.78
Days on Market20

Property Features for 2506 N ST SE

General Information

Standard status Active
Size 3,480 SF
Property subtype Multi-Family
Occupancy 75%

Site & Location

Neighborhood Benning
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units 4

Additional Details

Average Monthly Rent $1,800
Tenant in Place Yes
Listing Agency: Greysteel Company LLC
Listed By: Ari Firoozabadi · License #0225081719
Source: Imanirealtors
Added: Oct 21 Changed: Nov 7 Last Checked: Nov 8 at 5:49AM

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 Greysteel Company LLC

Rey
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Investment Insights

Based on property information with market context.

This 3,480-square-foot multifamily property was built in 1941 and contains four apartments: two with 2-bedroom, 1-bathroom layouts and two with 3-bedroom, 1-bathroom layouts. One unit is vacant, and the property is 75% occupied. The listing identifies the property as exempt from DC rent control for first-time multifamily owners.

River Park is immediately adjacent, and Fort Dupont Park is a four-minute walk away. The property is on the C31 Metrobus route, which connects with Navy Yard and Capitol Heights Metro stations.

Key Highlights

  • Four apartments: two 2BR/1BA units and two 3BR/1BA units
  • 3,480 SF; built in 1941
  • 75% occupied, with one unit vacant

Property Analytics

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Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

940
Businesses Nearby

Demographics for 20019, DC

59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Washington, DC

$312 Jul
$311 Aug
$303 Sep
$304 Oct

Properties on Market for Quadplexes in Washington

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Two- and three-bedroom residences create a varied unit mix, with one apartment currently vacant.
Where is this quadplex located?
The property is located at 2506 N ST SE Washington, DC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four apartments: two 2BR/1BA units and two 3BR/1BA units; 3,480 SF; built in 1941; 75% occupied, with one unit vacant
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