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Renovated Brookland Multifamily Investment Opportunity

4020 8TH Street NE Washington, DC 20017

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

MULTI_FAMILY - Colonial - WASHINGTON, DC

Property Size3,488 SF
Lot Size0.07 Acres
Price / SF$336.58
AddedMar 22
Days on Market117
Last RefreshJul 16 at 4:06 am

Property Features for 4020 8TH Street NE

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
4
Parking features
Alley, Driveway
Standard status
Active
Size
3,488 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
10168

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1938
Number of units
4
Building materials
Brick
Architectural style
Colonial

Listing agent Stefan Rosu License #SP98377007

Listing office Keller Williams Capital Properties 519 C Street, WASHINGTON, DC

Listing date Mar 22, 2026

MLS# DCDC2251956 Listing URL

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 renovated four-unit multifamily building is located in Brookland. The property generates strong cash flow, with an average rent of $2,800 per month. Each of the four units features three bedrooms and one bathroom, with an approximate area of 800 square feet. Renovations were completed in 2019, and all units include stainless steel appliances, granite countertops, and renovated bathrooms. Three of the four units also have combination 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 expenses. The building has a partially finished basement with individual boilers and hot water heaters, both replaced in 2019. The basement also includes large tenant storage lockers and a coin-operated laundry machine. 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 station. The lot size is 0.0718 acres, and the building size is 3,488 square feet.

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 units, each with 3 bedrooms and 1 bath.

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 $94.2k $27.00
− Vacancy −$4.9k −$1.40
EGI $89.3k $25.60
− OpEx −$26.8k −$7.68
NOI $62.5k $17.92
3,488 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$892.8K
$781.2K – $1.04M (±1% cap)
NOI $62,495 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$827.9K
$724.4K – $965.9K (±1% cap)
NOI $57,955 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,588 @ 7.0% cap · market cap 10.70%
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 4-unit building in Brookland with strong cash flow.
Where is this quadplex located?
The property is located at 4020 8TH Street 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 units, each with 3 bedrooms and 1 bath.
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