Quadplex with Hardwood
For Sale
$850,000
3931 7Th Street NE, Washington, DC 20017
Four-unit multifamily property in Brookland with natural-gas service and access to public transportation.
Property Size2,800 SF
Price / SF$303.57
Days on Market156
Property Features for 3931 7Th Street NE
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Multi-Family
Zoning
RA-1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,911
Amenities
Hardwood
Multi-tank
Yes
Natural Gas
No
Estimated
No Pool
Public
0.10
Other
416120.00
Building Details
Building Size
2,800 SF
Year Built
1937
Listing Agency:
Zar Realty, LLC
(856) 222-0077
Listed By:
Julia Joyce-Hall
(856) 630-4482
Source:
Thetristaterealestategroup
Added: May 4
Changed: Oct 4
Last Checked: Oct 5 at 4:52PM
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 Zar Realty, LLC
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains approximately 2,800 square feet and was built in 1937. Hardwood interiors and natural-gas service are identified, while the RA-1 zoning designation supports its multifamily classification.
The property is located at 3931 7th Street NE in Washington, DC’s Brookland neighborhood. The surrounding area includes The Catholic University of America, the Franciscan Monastery, local restaurants, and boutique shops. Public transportation and major thoroughfares provide access to the broader District.
The property is located at 3931 7th Street NE in Washington, DC’s Brookland neighborhood. The surrounding area includes The Catholic University of America, the Franciscan Monastery, local restaurants, and boutique shops. Public transportation and major thoroughfares provide access to the broader District.
Key Highlights
- Four‑unit multifamily property
- Approximately 2,800 square feet
- Built in 1937
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,168
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,360
$1.0M
Cap Rate 7%
$716,686
$716.7K
Cap Rate 9%
$557,422
$557.4K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$75.6K $27.00/SF
− Vacancy
−$3.9K −$1.40/SF
EGI
$71.7K $25.60/SF
− OpEx
−$21.5K −$7.68/SF
NOI
$50.2K $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%
$1,003,360
Cap Rate 7%
$716,686
Cap Rate 9%
$557,422
Alternative Uses
Best Use
Multifamily LT 5
$716.7K
$627.1K – $836.1K
NOI $50,168 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$664.6K
$581.5K – $775.4K
NOI $46,523 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,816 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,408
Businesses Nearby
Explore this area
Business Placement
Demographics for 20017, DC
20,293
Population
9,252
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
92%
High-School Grad
2.2 sq mi
ZIP Area
9,224
Density / Sq Mi
$101,543
Median Household Income
$74,399
Median Earnings
$1,793
Median Rent
$686,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property in Brookland with natural-gas service and access to public transportation.
Where is this quadplex located?
The property is located at 3931 7Th Street NE Washington, DC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Approximately 2,800 square feet; Built in 1937
