4020 8TH St NE Washington, DC 20017
Renovated four-unit building in Brookland with strong cash flow.
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. (703) 297-2730
Listing date Mar 25, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
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 |