Brick Quadplex with 2-Bed
3919 R Street Southeast, Washington, DC 20020
For Sale
$849,000
Standalone four-unit brick building with true two-bedroom layouts, updated baths, and a recent electrical upgrade.
Property Size3,440 SF
Days on Market146
Property Features for 3919 R Street Southeast
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Listing Agency:
RE/MAX
Listed By:
Sebrin Adem · License #0225209963
(703) 225-8292
Source:
Remaxcommercial
Added: Jun 17
Changed: Nov 6
Last Checked: Nov 8 at 2:09AM
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 RE/MAX
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Investment Insights
Based on property information with market context.
This solid stand-alone four-unit brick quadplex sits on a large lot in the Fort Dupont community. Each apartment is a true two-bedroom layout designed for functional everyday living. The property includes updated bathrooms and refreshed common-area finishes, and it also benefits from a recent heavy electrical upgrade. That work is currently pending final TPF inspection, and buyers should account for the completion of that step as part of due diligence.
The building is positioned with convenient access to the Pennsylvania Ave corridor, offering connectivity to retail, transit, and major commuter routes. Its size and configuration can support multiple operating strategies, including traditional rental arrangements and program-friendly options, depending on buyer preference and compliance requirements.
The layout makes this property particularly attractive for an owner-occupant who wants to live in one unit while leasing the others. It also offers an investor a straightforward four-unit income building, with the important caveat that the property is being delivered without an active Basic Business License (BBL) and includes delinquent tenants. Prospective buyers should plan for required compliance steps and tenant-related considerations as part of their purchase and transition planning.
The building is positioned with convenient access to the Pennsylvania Ave corridor, offering connectivity to retail, transit, and major commuter routes. Its size and configuration can support multiple operating strategies, including traditional rental arrangements and program-friendly options, depending on buyer preference and compliance requirements.
The layout makes this property particularly attractive for an owner-occupant who wants to live in one unit while leasing the others. It also offers an investor a straightforward four-unit income building, with the important caveat that the property is being delivered without an active Basic Business License (BBL) and includes delinquent tenants. Prospective buyers should plan for required compliance steps and tenant-related considerations as part of their purchase and transition planning.
Key Highlights
- Standalone four‑unit brick building built in 1942 in the Fort Dupont community
- Each unit offers a true 2‑bedroom layout with functional space
- Updated bathrooms and refreshed common‑area finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,790
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,215,800
$1.2M
Cap Rate 7%
$868,429
$868.4K
Cap Rate 9%
$675,444
$675.4K
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$92.9K $27.00/SF
− Vacancy
−$6.0K −$1.76/SF
EGI
$86.8K $25.25/SF
− OpEx
−$26.1K −$7.57/SF
NOI
$60.8K $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%
$1,215,800
Cap Rate 7%
$868,429
Cap Rate 9%
$675,444
Alternative Uses
Best Use
Multifamily LT 5
$868.4K
$759.9K – $1.01M
NOI $60,790 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$775.8K
$678.8K – $905.1K
NOI $54,306 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.78M
$1.55M – $2.07M
NOI $124,325 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
327
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
$442,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Washington, DC
Properties on Market for Quadplexes in Washington
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Standalone four-unit brick building with true two-bedroom layouts, updated baths, and a recent electrical upgrade.
Where is this quadplex located?
The property is located at 3919 R Street Southeast Washington, DC.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Standalone four‑unit brick building built in 1942 in the Fort Dupont community; Each unit offers a true 2‑bedroom layout with functional space; Updated bathrooms and refreshed common‑area finishes
