4-Unit Apartment
New
For Sale
$600,000
4342 HALLEY TERRACE SE, Washington, DC 20032
Four one-bedroom residences include den space in two units, with a basement that may support a future conversion subject to approvals.
Property Size2,578 SF
Days on Market4
Property Features for 4342 HALLEY TERRACE SE
General Information
Standard status
Active
Size
2,578 SF
Property subtype
Quadruplex
Units
Unit Mix
2 x 1BR, 2 x 1BR+den
Multifamily Units
4
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,493
Building Details
Building Size
2,578 SF
Year Built
1943
Buildings
1
Listing Agency:
Maverick Realty, LLC
Listed By:
Randy Louis · License #SP98378061
(240) 277-8515
Source:
Barnesrealestatecompany
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:46AM
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 Maverick Realty, LLC
Investment Insights
Based on property information with market context.
At 4342 Halley Terrace SE, this Washington, DC multifamily property contains four one-bedroom units, two of which also have den space. The building dates to 1943 and includes a basement that may be convertible to an additional unit, subject to zoning, permitting, and regulatory approvals.
Public transportation is nearby, with Navy Yard, Nationals Park, MGM National Harbor, retail, dining, and entertainment destinations described as minutes away. Major commuter routes provide access across DC, Maryland, and Virginia.
Public transportation is nearby, with Navy Yard, Nationals Park, MGM National Harbor, retail, dining, and entertainment destinations described as minutes away. Major commuter routes provide access across DC, Maryland, and Virginia.
Key Highlights
- Four one‑bedroom units; two include additional den space
- Basement may be converted to an additional unit, subject to zoning, permitting, and regulatory approvals
- Built in 1943
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,191
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,820
$923.8K
Cap Rate 7%
$659,871
$659.9K
Cap Rate 9%
$513,233
$513.2K
Market Conditions
NOI Build-Up for 2,578 SF
Gross rent
$69.6K $27.00/SF
− Vacancy
−$3.6K −$1.40/SF
EGI
$66.0K $25.60/SF
− OpEx
−$19.8K −$7.68/SF
NOI
$46.2K $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%
$923,820
Cap Rate 7%
$659,871
Cap Rate 9%
$513,233
Alternative Uses
Best Use
Multifamily LT 5
$659.9K
$577.4K – $769.9K
NOI $46,191 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$611.9K
$535.4K – $713.9K
NOI $42,835 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,823 @ 7.0% cap · market cap 15.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
747
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
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences include den space in two units, with a basement that may support a future conversion subject to approvals.
Where is this quadplex located?
The property is located at 4342 HALLEY TERRACE SE Washington, DC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Four one‑bedroom units; two include additional den space; Basement may be converted to an additional unit, subject to zoning, permitting, and regulatory approvals; Built in 1943
