Four-Unit Multifamily Corner
For Sale
$1,800,000
4000 EDMUNDS Street NW, Washington, DC 20007
Multi-Family, WASHINGTON, DC
Property Size3,460 SF
Lot Size0.16 Acres
Price / SF$520.23
Days on Market62
Property Features for 4000 EDMUNDS Street NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
4
Parking features
Parking Lot
Subdivision
GLOVER PARK
Middle school
HARDY
High school
WILSON SENIOR
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
3,460 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
13654
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1939
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
KW Metro Center · Keller Williams Realty
(703) 224-6000
Listed By:
Solomon Chase · License #SP40003686
(302) 480-4104
Added: Jun 30
Changed: Aug 19
Last Checked: Aug 30 at 12:06AM
MLS# DCDC2269758
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 fully occupied four-unit multifamily property is situated on a prominent corner lot and presented as well-maintained throughout. Recent improvements include a new roof, supporting continued property upkeep. The building is offered for sale with a total size of 3,460 square feet on a 0.1565-acre lot.
Located in Washington, DC (20007), the property is described as being in the heart of Glover Park and within minutes of Georgetown and Cathedral Heights, with access to restaurants, shopping, parks, and major commuter routes.
For investors seeking steady, in-place occupancy, this four-unit offering provides an immediately cash-flowing residential income asset with documented exterior renewal via the new roof.
Located in Washington, DC (20007), the property is described as being in the heart of Glover Park and within minutes of Georgetown and Cathedral Heights, with access to restaurants, shopping, parks, and major commuter routes.
For investors seeking steady, in-place occupancy, this four-unit offering provides an immediately cash-flowing residential income asset with documented exterior renewal via the new roof.
Key Highlights
- Fully occupied four‑unit multifamily building in Glover Park, Washington, DC
- Corner lot location
- Brick construction; year built 1939
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,994
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained four-unit property on a prominent corner lot, fully occupied and recently improved with a new roof.
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: Fully occupied four‑unit multifamily building in Glover Park, Washington, DC; Corner lot location; Brick construction; year built 1939
