4-Unit Residential Income
For Sale
$799,000
2808 BUENA VISTA TER SE, Washington, DC 20020
Four separate 3-bedroom units offer in-unit washer/dryer and current occupancy for an owner-occupant or investor.
Property Size2,858 SF
Price / SF$279.57
Days on Market103
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Property Features for 2808 BUENA VISTA TER SE
General Information
Standard status
Active
Size
2,858 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
4
Listing Agency:
Compass
(301) 298-1001
Listed By:
Nikki A Cooper · License #523834
(240) 793-5563
Source:
Keygroupmd
Added: Jul 5
Changed: Oct 6
Last Checked: Oct 14 at 10:37PM
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 Compass
Investment Insights
Based on property information with market context.
This is a 4-unit multifamily residential property with four separate units, each featuring three bedrooms and one bathroom. The units are described as having in-unit washer/dryer and abundant natural light. Per the property remarks, one unit is currently occupied and generating rental income, while the remaining units would be available for leasing to complete the property’s full rent potential.
The address is 2808 Buena Vista Terrace SE in Washington, DC. The remarks note convenient access to Anacostia, Navy Yard, Capitol Hill, and downtown DC, along with easy access to public transportation, shopping, and dining. Showings require at least a two-hour notice.
From an owner-occupant standpoint, the property remarks state that FHA and VA financing options are available for qualified buyers. With a live-in option alongside rental income from the currently occupied unit, this layout can fit buyers looking for a straightforward 4-unit setup. For investors, the configuration supports a tenant-occupied strategy once the remaining units are leased, aligning with the property’s described income profile when fully rented.
The address is 2808 Buena Vista Terrace SE in Washington, DC. The remarks note convenient access to Anacostia, Navy Yard, Capitol Hill, and downtown DC, along with easy access to public transportation, shopping, and dining. Showings require at least a two-hour notice.
From an owner-occupant standpoint, the property remarks state that FHA and VA financing options are available for qualified buyers. With a live-in option alongside rental income from the currently occupied unit, this layout can fit buyers looking for a straightforward 4-unit setup. For investors, the configuration supports a tenant-occupied strategy once the remaining units are leased, aligning with the property’s described income profile when fully rented.
Key Highlights
- 4‑unit multifamily property built in 1943 with four separate 3‑bedroom units (1 bath each)
- Each unit has in‑unit washer/dryer and a bright floor plan with an open layout and galley kitchen
- Natural gas heating and natural gas hot water; basement is included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,505
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,010,100
$1.0M
Cap Rate 7%
$721,500
$721.5K
Cap Rate 9%
$561,167
$561.2K
Market Conditions
NOI Build-Up for 2,858 SF
Gross rent
$77.2K $27.00/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$72.2K $25.25/SF
− OpEx
−$21.6K −$7.57/SF
NOI
$50.5K $17.67/SF
Area
ZIP 20020
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,010,100
Cap Rate 7%
$721,500
Cap Rate 9%
$561,167
Alternative Uses
Best Use
Multifamily LT 5
$721.5K
$631.3K – $841.8K
NOI $50,505 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$644.5K
$564.0K – $752.0K
NOI $45,118 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,291 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
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Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
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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 - Four separate 3-bedroom units offer in-unit washer/dryer and current occupancy for an owner-occupant or investor.
Where is this quadplex located?
The property is located at 2808 BUENA VISTA TER SE Washington, DC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4‑unit multifamily property built in 1943 with four separate 3‑bedroom units (1 bath each); Each unit has in‑unit washer/dryer and a bright floor plan with an open layout and galley kitchen; Natural gas heating and natural gas hot water; basement is included
