Brick Quadplex With
For Sale
$550,000
46 FORRESTER Street SW, Washington, DC 20032
Multi-Family, WASHINGTON, DC
Property Size2,556 SF
Lot Size0.08 Acres
Price / SF$215.18
Days on Market188
Property Features for 46 FORRESTER Street SW
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Interior features
Kitchen - Efficiency
Subdivision
CONGRESS HEIGHTS
High school
BALLOU SENIOR
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Size
2,556 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
5033
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1943
Number of units
4
Building materials
Brick
Architectural style
Federal
Listing Agency:
RE/MAX Allegiance · RE/MAX International
(202) 547-5600
Listed By:
Nathaniel Tate · License #SP96896
(202) 262-8819
Added: Apr 2
Changed: Sep 13
Last Checked: Oct 6 at 10:06AM
MLS# DCDC2253818
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 Federal-style brick quadplex was built in 1943 and contains 2,556 square feet. The layout includes four bedrooms, two bathrooms, multiple units, an efficiency kitchen, and a basement. Central air and forced-air heating serve the property, while on-street parking is available. Three units are vacant and one is occupied, providing a combination of existing occupancy and available space.
Located at 46 Forrester Street SW in Washington, DC, the property is near major commuter routes and public transportation, including the Washington Metro. The setting also provides access to downtown DC, Navy Yard, Capitol Hill, The Wharf, and nearby dining, shopping, and entertainment destinations.
The 0.0812-acre parcel offers a compact residential income-property format suited to the quadplex classification, with brick construction and a Federal architectural style adding to the building’s physical character.
Located at 46 Forrester Street SW in Washington, DC, the property is near major commuter routes and public transportation, including the Washington Metro. The setting also provides access to downtown DC, Navy Yard, Capitol Hill, The Wharf, and nearby dining, shopping, and entertainment destinations.
The 0.0812-acre parcel offers a compact residential income-property format suited to the quadplex classification, with brick construction and a Federal architectural style adding to the building’s physical character.
Key Highlights
- 2,556‑square‑foot quadplex on a 0.0812‑acre parcel
- Four bedrooms and two bathrooms across multiple units
- Three vacant units and one occupied unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,796
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,920
$915.9K
Cap Rate 7%
$654,229
$654.2K
Cap Rate 9%
$508,844
$508.8K
Market Conditions
NOI Build-Up for 2,556 SF
Gross rent
$69.0K $27.00/SF
− Vacancy
−$3.6K −$1.40/SF
EGI
$65.4K $25.60/SF
− OpEx
−$19.6K −$7.68/SF
NOI
$45.8K $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%
$915,920
Cap Rate 7%
$654,229
Cap Rate 9%
$508,844
Alternative Uses
Best Use
Multifamily LT 5
$654.2K
$572.5K – $763.3K
NOI $45,796 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$606.7K
$530.9K – $707.8K
NOI $42,469 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $92,031 @ 7.0% cap · market cap 16.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
25%
Occupancy
Location Intelligence
Trade Area within ½ mile
723
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
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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 - Federal-style brick quadplex with central air, forced-air heat, and a mix of occupied and vacant units.
Where is this quadplex located?
The property is located at 46 FORRESTER Street SW Washington, DC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,556‑square‑foot quadplex on a 0.0812‑acre parcel; Four bedrooms and two bathrooms across multiple units; Three vacant units and one occupied unit
