Four-Unit Multifamily
For Sale
$549,000
4002 S CAPITOL ST SE, Washington, DC 20032
Well-maintained four-unit building with four two-bedroom, one-bath units; three are vacant and ready for showings.
Property Size2,800 SF
Price / SF$196.07
Days on Market121
Property Features for 4002 S CAPITOL ST SE
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Multi-family
Site & Location
Neighborhood
Southwest
Additional Details
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
TTR Sotheby's International Realty
(202) 333-1212
Listed By:
Nicola C Taylor
(301) 792-9276
Source:
Towncentermd
Added: Jul 1
Changed: Oct 25
Last Checked: Oct 28 at 8:44AM
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 TTR Sotheby's International Realty
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Investment Insights
Based on property information with market context.
Well-maintained four-unit multifamily property featuring four spacious units, each with two bedrooms and one full bath. Three units are currently vacant and move-in ready, available for showings.
The fourth unit is occupied and will be shown only after a ratified contract, as the tenant is scheduled to vacate. Please do not disturb the tenant.
WalkScore and transitScore indicate somewhat walkable and good transit, respectively, while bikeScore reflects somewhat bikeable access.
The fourth unit is occupied and will be shown only after a ratified contract, as the tenant is scheduled to vacate. Please do not disturb the tenant.
WalkScore and transitScore indicate somewhat walkable and good transit, respectively, while bikeScore reflects somewhat bikeable access.
Key Highlights
- 1943‑built, well‑maintained four‑unit multifamily property
- All 4 units feature 2 bedrooms and 1 full bathroom
- Three units are currently vacant and move‑in ready for showings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,168
Cap Rate
9.14%
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 9.14%
Second Best
Apartment 5plus
$664.6K
$581.5K – $775.4K
NOI $46,523 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,816 @ 7.0% cap · market cap 18.36%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
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 - Well-maintained four-unit building with four two-bedroom, one-bath units; three are vacant and ready for showings.
Where is this quadplex located?
The property is located at 4002 S CAPITOL ST SE Washington, DC.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1943‑built, well‑maintained four‑unit multifamily property; All 4 units feature 2 bedrooms and 1 full bathroom; Three units are currently vacant and move‑in ready for showings
