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Multifamily Building with Handicap-Accessible Main Level
For Sale
$1,495,000

337 DELAFIELD Place NW, Washington, DC 20011

MULTI_FAMILY - Other - WASHINGTON, DC

Property Size4,113 SF
Lot Size0.08 Acres
Price / SF$363.48
Days on Market30

Property Features for 337 DELAFIELD Place NW

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking features Off Street
Subdivision PETWORTH
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 4,113 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 11316

Utilities

Heating system Other (Heating)
Cooling system Window Unit(s)

Building Details

Year built 1936
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: EXP Realty, LLC
Listed By: SERIF SOYDAN · License #SP200205344
Added: Jul 3 Changed: Jul 30 Last Checked: Aug 1 at 12:06PM
MLS# DCDC2269674

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 five-unit brick multifamily building includes a handicap-accessible main level and a layout that features a basement. The main level was previously utilized as a medical facility, which may support flexibility for future uses subject to applicable approvals. The property also offers the potential to convert to a six-unit building (buyer to verify).

The building is sited on a 0.0772-acre lot at 337 Delafield Place NW in Washington, DC 20011. Construction dates to 1936. Heating is listed as “Other (Heating)” and cooling is provided via window unit(s). Off-street parking is available.

With ongoing updates referenced throughout the interior units and exterior improvements including fresh exterior paint and professional landscaping, the property presents as a maintained income asset. The property is described as having Section 8 / Housing Choice Voucher income potential, supported by the stated estimated unit rent ranges and estimated gross income figures.

Key Highlights

  • Brick five‑unit multifamily building with handicap‑accessible main level
  • Previously utilized as a medical facility on the main level (subject to applicable approvals)
  • Potential to convert to a six‑unit building (buyer to verify)

Financial Insights For Multifamily LT 5

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 $111.1k $27.00
− Vacancy −$5.8k −$1.40
EGI $105.3k $25.60
− OpEx −$31.6k −$7.68
NOI $73.7k $17.92
4,113 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.05M
$921.2K – $1.23M (±1% cap)
NOI $73,693 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$935.2K
$818.3K – $1.09M (±1% cap)
NOI $65,463 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M (±1% cap)
NOI $148,648 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mecca 2 Medina Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Skin Care Clinic Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,514
Businesses Nearby

Demographics for 20011, DC

67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick five-unit multifamily with an accessible main level and off-street parking, plus the potential to convert to six units.
Where is this quadplex located?
The property is located at 337 DELAFIELD Place NW Washington, DC.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Brick five‑unit multifamily building with handicap‑accessible main level; Previously utilized as a medical facility on the main level (subject to applicable approvals); Potential to convert to a six‑unit building (buyer to verify)
More about this property
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