Renovated
For Sale
$699,990
4636 HILLSIDE ROAD SE, Washington, DC 20019
Updated income property with rear parking and a combination of leased and available units.
Property Size3,666 SF
Days on Market23
Property Features for 4636 HILLSIDE ROAD SE
General Information
Standard status
Active
Size
3,666 SF
Property subtype
Quadruplex
Occupancy
50%
Units
Unit Mix
2 x 1BR/1BA, 1 x 4BR/2BA, 1 x 3BR/2BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,490
Building Details
Building Size
3,666 SF
Year Built
1942
Year Renovated
2017
Buildings
1
Listing Agency:
Samson Properties
(202) 222-5704
Listed By:
Dagmawi Alemayehu · License #SP200201930
(202) 222-5704
Source:
Barnesrealestatecompany
Added: Aug 8
Changed: Aug 16
Last Checked: Aug 29 at 1:49PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This quadplex contains four residential units with varied layouts: two one-bedroom, one-bath residences, one four-bedroom, two-bath residence, and one three-bedroom, two-bath residence. The property underwent renovation in 2017 and includes rear parking for residents.
Two units are occupied, consisting of one one-bedroom unit and the four-bedroom unit. The remaining one-bedroom and three-bedroom residences are vacant, creating a mixed-occupancy configuration for an owner evaluating leasing plans. Constructed in 1942, the property is located at 4636 Hillside Road SE in Washington, DC 20019.
Two units are occupied, consisting of one one-bedroom unit and the four-bedroom unit. The remaining one-bedroom and three-bedroom residences are vacant, creating a mixed-occupancy configuration for an owner evaluating leasing plans. Constructed in 1942, the property is located at 4636 Hillside Road SE in Washington, DC 20019.
Key Highlights
- Four‑unit residential building with two 1‑bedroom/1‑bathroom units, one 4‑bedroom/2‑bathroom unit, and one 3‑bedroom/2‑bathroom unit
- Renovated in 2017
- Two occupied units and two vacant units
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
$63,228
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
9.03%
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%
$1,264,560
$1.3M
Cap Rate 7%
$903,257
$903.3K
Cap Rate 9%
$702,533
$702.5K
Market Conditions
NOI Build-Up for 3,666 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
$122.3K $33.36/SF
− Vacancy
−$7.3K −$2.00/SF
EGI
$115.0K $31.36/SF
− OpEx
−$51.7K −$14.11/SF
NOI
$63.2K $17.25/SF
Area
ZIP 20019
Vacancy
6.00%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
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%
$1,264,560
Cap Rate 7%
$903,257
Cap Rate 9%
$702,533
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$884.6K – $1.18M
NOI $70,769 @ 7.0% cap · market cap 10.11%
Second Best
Apartment 5plus
$903.3K
$790.4K – $1.05M
NOI $63,228 @ 7.0% cap · market cap 9.03%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,903 @ 7.0% cap · market cap 19.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
511
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated income property with rear parking and a combination of leased and available units.
Where is this quadplex located?
The property is located at 4636 HILLSIDE ROAD SE Washington, DC.
What is the asking price?
The asking price for this property is $699,990.
What are key features of this property?
This property features: Four‑unit residential building with two 1‑bedroom/1‑bathroom units, one 4‑bedroom/2‑bathroom unit, and one 3‑bedroom/2‑bathroom unit; Renovated in 2017; Two occupied units and two vacant units
