Corner Fourplex Investment
For Sale
$1,800,000
4000 EDMUNDS STREET NW, Washington, DC 20007
Four-unit multifamily building on a prominent corner lot, currently fully occupied.
Property Size3,460 SF
Price / SF$520.23
Days on Market108
Property Features for 4000 EDMUNDS STREET NW
General Information
Standard status
Active
Size
3,460 SF
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$13,654
Building Details
Building Size
3,460 SF
Year Built
1939
Listing Agency:
KW Metro Center
Listed By:
Solomon Chase · License #SP40003686
(302) 480-4104
Source:
Kerishull
Added: Jun 30
Changed: Oct 6
Last Checked: Oct 15 at 7:52AM
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 KW Metro Center
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Investment Insights
Based on property information with market context.
This offering is a four-unit multifamily (fourplex) property with a total of four residential units. The building is described as fully occupied, providing immediate rental occupancy for the next owner. Additional interior and building details are noted as coming soon, along with professional photos and supporting materials.
The property is located on a prominent corner lot in Glover Park, Washington, DC. It is positioned in the heart of the neighborhood with access to nearby Georgetown and Cathedral Heights, as well as dining and shopping along Wisconsin Avenue. The remarks also indicate proximity to parks and major commuter routes. Transit, walk, and bike scores are provided in the public remarks.
For investors seeking a small multifamily acquisition in a sought-after Northwest DC area, the fourplex format can offer operational manageability with four separate units. With the property described as fully occupied, buyers can evaluate it based on the existing in-place rental situation while reviewing the additional details that are expected to be released soon.
The property is located on a prominent corner lot in Glover Park, Washington, DC. It is positioned in the heart of the neighborhood with access to nearby Georgetown and Cathedral Heights, as well as dining and shopping along Wisconsin Avenue. The remarks also indicate proximity to parks and major commuter routes. Transit, walk, and bike scores are provided in the public remarks.
For investors seeking a small multifamily acquisition in a sought-after Northwest DC area, the fourplex format can offer operational manageability with four separate units. With the property described as fully occupied, buyers can evaluate it based on the existing in-place rental situation while reviewing the additional details that are expected to be released soon.
Key Highlights
- Four‑unit multifamily building on a prominent corner lot in Glover Park
- Built in 1939
- Currently fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,994
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,239,880
$1.2M
Cap Rate 7%
$885,629
$885.6K
Cap Rate 9%
$688,822
$688.8K
Market Conditions
NOI Build-Up for 3,460 SF
Gross rent
$93.4K $27.00/SF
− Vacancy
−$4.9K −$1.40/SF
EGI
$88.6K $25.60/SF
− OpEx
−$26.6K −$7.68/SF
NOI
$62.0K $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%
$1,239,880
Cap Rate 7%
$885,629
Cap Rate 9%
$688,822
Alternative Uses
Best Use
Multifamily LT 5
$885.6K
$774.9K – $1.03M
NOI $61,994 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$821.3K
$718.6K – $958.2K
NOI $57,490 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,580 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,178
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-unit multifamily building on a prominent corner lot, currently fully occupied.
Where is this quadplex located?
The property is located at 4000 EDMUNDS STREET NW Washington, DC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four‑unit multifamily building on a prominent corner lot in Glover Park; Built in 1939; Currently fully occupied
