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Brookland Four-Unit Multifamily Building

4020 8TH St NE Washington, DC 20017

4020 8TH St NE, Washington, DC, 20017
$1,174,000
For Sale
Claim this Listing
$1,174,000

Renovated four-unit building in Brookland with strong cash flow.

Property Size3,200 SF
Lot Size0.07 Acres
Price / SF$366.88
AddedMar 25
Days on Market114
Last RefreshJul 15 at 7:21 pm

Property Features for 4020 8TH St NE

General Information

Standard status
Active
Size
3,200 SF
Lot size
0.07 Acres
Property subtype
Investment

Building Details

Year Built
1938

Listing office Keller Williams Capital Prop.

Listing date Mar 25, 2026

Source Elliman

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 Keller Williams Capital Prop.


Investment Insights

Based on property information with market context.

This renovated four-unit building is located in Brookland. Each unit features three bedrooms and one bathroom, with an approximate area of 800 square feet. The average rent is $2,800 per month. Unit 1 is currently vacant, while the other three units are occupied. Renovations were completed in 2019, and all units include stainless steel appliances, granite countertops, and renovated bathrooms. Three of the units also have combo washer and dryers. Heat is provided by individual boilers located in the basement, and cooling is provided by window AC units. Each unit is separately metered for gas and electric. The owner is responsible for water, sewer, trash, and common electric. The building features a partially finished basement with individual boilers (replaced in 2019), hot water heaters (replaced in 2019), large tenant storage lockers, and a coin-operated laundry machine for larger loads. The property is located 0.5 miles from Turkey Thicket Recreation Center, 0.7 miles from Catholic University, and 0.8 miles from the Brookland-CUA Metro.

Key Highlights

  • Strong cash flow with an average rent of $2,800/month per unit.
  • Renovated in 2019 with stainless steel appliances, granite countertops, and renovated bathrooms in all units.
  • Four 3‑bedroom, 1‑bath units, each approximately 800 SF.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $86.4k $27.00
− Vacancy −$4.5k −$1.40
EGI $81.9k $25.60
− OpEx −$24.6k −$7.68
NOI $57.3k $17.92
3,200 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$819.1K
$716.7K – $955.6K (±1% cap)
NOI $57,335 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$759.6K
$664.6K – $886.2K (±1% cap)
NOI $53,170 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M (±1% cap)
NOI $115,218 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Dental Office Building Supply Skin Care Clinic HVAC Service Restaurant Gym & Fitness Center Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Renovated four-unit building in Brookland with strong cash flow.
Where is this quadplex located?
The property is located at 4020 8TH St NE Washington, DC.
What is the asking price?
The asking price for this property is $1,174,000.
What are key features of this property?
This property features: Strong cash flow with an average rent of $2,800/month per unit.; Renovated in 2019 with **stainless steel appliances, granite countertops, and renovated bathrooms** in all units.; Four 3‑bedroom, 1‑bath units, each approximately 800 SF.
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