Four-Unit Brick Multifamily
For Sale
$1,200,000
3014 MASSACHUSETTS Avenue SE, Washington, DC 20019
Multi-Family, WASHINGTON, DC
Property Size2,888 SF
Lot Size0.12 Acres
Price / SF$415.51
Days on Market56
Property Features for 3014 MASSACHUSETTS Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
On Street
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Size
2,888 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
5778
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1941
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Coldwell Banker Realty - Washington · Coldwell Banker Real Estate
(202) 387-6180
Listed By:
Kristopher Henry · License #643875
(678) 362-6461
Added: Aug 12
Changed: Sep 13
Last Checked: Oct 6 at 4:06PM
MLS# DCDC2278344
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit multifamily property at 3014 Massachusetts Avenue SE includes 2,888 square feet of residential space in a brick building constructed in 1941. The property is tenant-occupied and offers four separate residential units within one asset. Hot water heating and on-street parking are among the existing property features.
The property is located in Southeast Washington, DC, with access to Capitol Hill, Downtown Washington, public transportation, major commuter routes, neighborhood shopping, dining, recreation, and everyday services. Showings are available by appointment with advance notice, and tenants should not be disturbed.
The property is located in Southeast Washington, DC, with access to Capitol Hill, Downtown Washington, public transportation, major commuter routes, neighborhood shopping, dining, recreation, and everyday services. Showings are available by appointment with advance notice, and tenants should not be disturbed.
Key Highlights
- Four‑unit multifamily property
- 2,888 square feet of residential space
- Brick construction completed in 1941
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,750
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,000
$1.1M
Cap Rate 7%
$796,429
$796.4K
Cap Rate 9%
$619,444
$619.4K
Market Conditions
NOI Build-Up for 2,888 SF
Gross rent
$84.9K $29.40/SF
− Vacancy
−$5.3K −$1.82/SF
EGI
$79.6K $27.58/SF
− OpEx
−$23.9K −$8.27/SF
NOI
$55.8K $19.30/SF
Area
ZIP 20019
Vacancy
6.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,000
Cap Rate 7%
$796,429
Cap Rate 9%
$619,444
Alternative Uses
Best Use
Multifamily LT 5
$796.4K
$696.9K – $929.2K
NOI $55,750 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$711.6K
$622.6K – $830.2K
NOI $49,810 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,637 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Tenant-occupied residential property with four units and convenient access to public transportation and major commuter routes.
Where is this quadplex located?
The property is located at 3014 MASSACHUSETTS Avenue SE Washington, DC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four‑unit multifamily property; 2,888 square feet of residential space; Brick construction completed in 1941
