4-Unit Apartment
New
For Sale
$559,000
463 ORANGE Street SE, Washington, DC 20032
Multi-Family, WASHINGTON, DC
Property Size2,574 SF
Lot Size0.12 Acres
Price / SF$217.17
Days on Market5
Property Features for 463 ORANGE Street SE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement, Family Room, Dining Room
Parking features
On Street
Interior features
Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space, Bathroom - Tub Shower, Wood Floors
Appliances
Oven/Range - Gas, Refrigerator
Subdivision
CONGRESS HEIGHTS
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
2,574 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
4138
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Amenities
basement
backyard
Building Details
Year built
1942
Number of units
4
Building materials
Brick
Architectural style
Colonial
Listing Agency:
RE/MAX Allegiance · RE/MAX International
(202) 547-5600
Listed By:
Nathaniel Tate · License #SP96896
(202) 262-8819
Added: Oct 2
Last Checked: Oct 6 at 6:06AM
MLS# DCDC2286162
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 2,574-square-foot brick apartment building contains four occupied units, each with one bedroom and one full bathroom. The individual layouts include living and dining areas. A full basement with high ceilings and a backyard add usable space to the property. The building was constructed in 1942 and sits on a 0.1162-acre lot.
Each residence has separate utility meters. Access to bus and Metro service, I-295, I-495, South Capitol Street, and Suitland Parkway is noted. Parking is on street.
Each residence has separate utility meters. Access to bus and Metro service, I-295, I-495, South Capitol Street, and Suitland Parkway is noted. Parking is on street.
Key Highlights
- Four occupied units, each with 1 bedroom and 1 bathroom
- 2,574 square feet on a 0.1162‑acre lot
- Full basement with high ceilings and a backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,119
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,380
$922.4K
Cap Rate 7%
$658,843
$658.8K
Cap Rate 9%
$512,433
$512.4K
Market Conditions
NOI Build-Up for 2,574 SF
Gross rent
$69.5K $27.00/SF
− Vacancy
−$3.6K −$1.40/SF
EGI
$65.9K $25.60/SF
− OpEx
−$19.8K −$7.68/SF
NOI
$46.1K $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%
$922,380
Cap Rate 7%
$658,843
Cap Rate 9%
$512,433
Alternative Uses
Best Use
Multifamily LT 5
$658.8K
$576.5K – $768.7K
NOI $46,119 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$611.0K
$534.6K – $712.8K
NOI $42,768 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,679 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
591
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied one-bedroom residences are separately metered, with basement storage space and a backyard.
Where is this quadplex located?
The property is located at 463 ORANGE Street SE Washington, DC.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Four occupied units, each with 1 bedroom and 1 bathroom; 2,574 square feet on a 0.1162‑acre lot; Full basement with high ceilings and a backyard
