Vacant Quadplex with One-Bed
3320 E Street Southeast Washington, DC 20019
3320 E Street Southeast, Washington, DC, 20019
$469,000
For Sale
$469,000
Four one-bedroom apartments are delivered vacant in a quadplex in Washington, DC.
Property Size2,398 SF
Price / SF$195.58
Days on Market20
Property Features for 3320 E Street Southeast
General Information
- Standard status
- Active
- Size
- 2,398 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1941
Listing agency
TTR Sotheby's International Realty
(202) 841-1694
Listed by
Daniel W Hynes · License #SP00091757
(202) 841-1694
Source
Compass
Added: Jul 2 Updated: Jul 21 at 4:31AM Checked: Jul 21 at 4:31AM
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 TTR Sotheby's International Realty
Investment Insights
Based on property information with market context.
3320 E Street SE is a quadplex containing four one-bedroom apartments, with the units delivered vacant. The property is positioned for an investor who plans to manage either renovation, repositioning, or leasing the homes after acquisition.
The address is in the District of Columbia and within city limits. Nearby transportation includes a bus stop less than 1 mile and a metro/subway station less than 1 mile, supporting convenient access for tenants and residents.
The asset is offered for sale with a total property size of 2,398, and the building includes four separate one-bedroom units.
The address is in the District of Columbia and within city limits. Nearby transportation includes a bus stop less than 1 mile and a metro/subway station less than 1 mile, supporting convenient access for tenants and residents.
The asset is offered for sale with a total property size of 2,398, and the building includes four separate one-bedroom units.
Key Highlights
- Quadplex with four 1‑bedroom apartments in Washington, DC
- All four units are delivered vacant
- Year built 1941
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 | $80.0k | $33.36 |
| − Vacancy | −$4.8k | −$2.00 |
| EGI | $75.2k | $31.36 |
| − OpEx | −$33.8k | −$14.11 |
| NOI | $41.4k | $17.25 |
2,398 SF · lease $33.36/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$661.3K
$578.6K – $771.5K
NOI $46,291 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$590.8K
$517.0K – $689.3K
NOI $41,359 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,205 @ 7.0% cap · market cap 19.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four one-bedroom apartments are delivered vacant in a quadplex in Washington, DC.
Where is this quadplex located?
The property is located at 3320 E Street Southeast Washington, DC.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Quadplex with four 1‑bedroom apartments in Washington, DC; All four units are delivered vacant; Year built 1941
