Renovated Four-Unit
For Sale
$1,650,000
3920 W St NW, Washington, DC 20007
Four residential units offer updated kitchens and baths, dining areas, laundry, outdoor pavilions, and dedicated parking.
Property Size3,200 SF
Price / SF$515.63
Days on Market104
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Property Features for 3920 W St NW
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
9
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$108,000
Utilities to Site
Yes
Amenities
renovated kitchens
renovated bathrooms
dedicated dining areas
washers and dryers
open pavilions
Building Details
Year Built
1938
Buildings
1
Listing Agency:
Chatel Real Estate, Inc.
Listed By:
John T Taylor · License #BR89427
(202) 338-0500
Source:
Hargreaveshomesales
Added: Jul 4
Changed: Oct 14
Last Checked: Oct 7 at 2:20PM
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 Chatel Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 3,200-square-foot quadplex contains four self-contained residential units: two one-bedroom, one-bath residences and two two-bedroom, one-bath residences. Interior improvements include renovated kitchens and bathrooms, dedicated dining areas, and washers and dryers. Each unit has two tandem parking spaces, with one additional space also available on the property.
The outdoor areas include open pavilions oriented toward parkland. Residents are responsible for their own electricity, gas, and water and sewer usage. The property is located at 3920 W St NW in Washington, DC, within Glover Park.
The outdoor areas include open pavilions oriented toward parkland. Residents are responsible for their own electricity, gas, and water and sewer usage. The property is located at 3920 W St NW in Washington, DC, within Glover Park.
Key Highlights
- Four self‑contained units with a mix of two 1‑bedroom and two 2‑bedroom residences
- 3,200 square feet of residential building area
- Renovated kitchens and bathrooms in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,335
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,700
$1.1M
Cap Rate 7%
$819,071
$819.1K
Cap Rate 9%
$637,056
$637.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$86.4K $27.00/SF
− Vacancy
−$4.5K −$1.40/SF
EGI
$81.9K $25.60/SF
− OpEx
−$24.6K −$7.68/SF
NOI
$57.3K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,700
Cap Rate 7%
$819,071
Cap Rate 9%
$637,056
Alternative Uses
Best Use
Multifamily LT 5
$819.1K
$716.7K – $955.6K
NOI $57,335 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$759.6K
$664.6K – $886.2K
NOI $53,170 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,218 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,676
Businesses Nearby
Explore this area
Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
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 residential units offer updated kitchens and baths, dining areas, laundry, outdoor pavilions, and dedicated parking.
Where is this quadplex located?
The property is located at 3920 W St NW Washington, DC.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Four self‑contained units with a mix of two 1‑bedroom and two 2‑bedroom residences; 3,200 square feet of residential building area; Renovated kitchens and bathrooms in each unit
