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Detached Multifamily Building
For Sale
$1,600,000

4274 Benning Rd NE, Washington, DC 20019

Fully vacant 18-unit detached building offers value-add potential with flexible 1BR/1BA layouts and basement space.

Property Size16,281 SF
Price / SF$98.27
Days on Market102

Property Features for 4274 Benning Rd NE

General Information

Standard status Active
Size 16,281 SF

Additional Details

Multifamily Units 18

Building Details

Year Built 1943
Listing Agency: Keller Williams Capital Properties
Listed By: Stefan Rosu · License #SP98377007
Source: Hargreaveshomesales
Added: Jun 4 Changed: Sep 12 Last Checked: Sep 12 at 2:42PM

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 Properties

Investment Insights

Based on property information with market context.

This detached 18-unit residential income building is fully vacant and offers a straightforward multifamily configuration. The property includes approximately 17,000 gross square feet (including the basement) and is fully detached on all sides with numerous windows. All current units are configured as 1 bedroom and 1 bath, with the ability to be reconfigured or combined to better meet changing market demand. The basement also provides room to add units, subject to design and permitting. The owner has started some work in the building, and the property is offered as-is, creating a value-add opportunity for a buyer prepared to complete improvements.

The building is located less than 1/4 mile from the Benning Rd metro station, which may support tenant convenience for residents who rely on public transit.

Given the current 1BR/1BA unit mix and the noted opportunity to reconfigure, combine, or add units in the basement, this property may fit an operator or buyer looking to update the asset and adjust unit mix. As-is condition and partial work already underway should be considered in planning for renovations and interior buildout.

Key Highlights

  • Fully vacant detached 18‑unit building (Year Built 1943)
  • All units are 1 bedroom / 1 bathroom, with flexibility to reconfigure or combine units
  • Building has approximately 17,000 gross SF including the basement

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

940
Businesses Nearby

Demographics for 20019, DC

59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully vacant 18-unit detached building offers value-add potential with flexible 1BR/1BA layouts and basement space.
Where is this apartment building located?
The property is located at 4274 Benning Rd NE Washington, DC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Fully vacant detached 18‑unit building (Year Built 1943); All units are 1 bedroom / 1 bathroom, with flexibility to reconfigure or combine units; Building has approximately 17,000 gross SF including the basement
More about this property
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