Brick Four-Unit
For Sale
$550,000
4633 HILLSIDE Road SE, Washington, DC 20019
Multi-Family, WASHINGTON, DC
Property Size2,520 SF
Lot Size0.09 Acres
Price / SF$218.25
Days on Market229
Property Features for 4633 HILLSIDE Road SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Appliances
Disposal, Refrigerator, Stove, Washer/Dryer Stacked
Subdivision
FORT DUPONT PARK
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
2,520 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
4768
Utilities
Heating system
Radiant, Other (Heating)
Building Details
Year built
1943
Number of units
4
Building materials
Brick
Listing Agency:
Compass
(301) 298-1001
Listed By:
Nikki A Cooper · License #523834
(240) 793-5563
Added: Jan 28
Changed: Sep 5
Last Checked: Sep 14 at 12:06AM
MLS# DCDC2243486
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 2,520-square-foot quadplex contains four one-bedroom units and is currently 100% vacant. The 1943 building has brick construction, radiant heating, and individual residences equipped with refrigerators, stoves, disposals, and stacked washers and dryers. The property occupies 0.089 acres and is positioned for residential income use or an owner-occupant arrangement.
Located at 4633 Hillside Road SE in Washington, DC, the property is near Fort Dupont Park, trails, public transportation, and major commuter routes. Its Fort Dupont setting also places neighborhood amenities within convenient reach.
Located at 4633 Hillside Road SE in Washington, DC, the property is near Fort Dupont Park, trails, public transportation, and major commuter routes. Its Fort Dupont setting also places neighborhood amenities within convenient reach.
Key Highlights
- Four one‑bedroom units in a quadplex configuration
- 2,520 square feet on 0.089 acres
- 100% vacant at present
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,646
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$972,920
$972.9K
Cap Rate 7%
$694,943
$694.9K
Cap Rate 9%
$540,511
$540.5K
Market Conditions
NOI Build-Up for 2,520 SF
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.
Gross rent
$74.1K $29.40/SF
− Vacancy
−$4.6K −$1.82/SF
EGI
$69.5K $27.58/SF
− OpEx
−$20.8K −$8.27/SF
NOI
$48.6K $19.30/SF
Area
ZIP 20019
Vacancy
6.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$972,920
Cap Rate 7%
$694,943
Cap Rate 9%
$540,511
Alternative Uses
Best Use
Multifamily LT 5
$694.9K
$608.1K – $810.8K
NOI $48,646 @ 7.0% cap · market cap 8.84%
Second Best
Apartment 5plus
$620.9K
$543.3K – $724.4K
NOI $43,463 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,794 @ 7.0% cap · market cap 17.24%
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
543
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Vacant four-unit property with one-bedroom residences, household appliances, and transit-oriented access in Fort Dupont.
Where is this quadplex located?
The property is located at 4633 HILLSIDE Road SE 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: Four one‑bedroom units in a quadplex configuration; 2,520 square feet on 0.089 acres; 100% vacant at present
