Renovated
For Sale
$699,990
4636 HILLSIDE Road SE, Washington, DC 20019
Multi-Family, WASHINGTON, DC
Property Size3,666 SF
Lot Size0.08 Acres
Price / SF$190.94
Days on Market153
Property Features for 4636 HILLSIDE Road SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Driveway
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
3,666 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
5490
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1942
Number of units
4
Building materials
Brick
Architectural style
Federal
Listing Agency:
Samson Properties
(301) 755-5613
Listed By:
Dagmawi Alemayehu · License #SP200201930
(202) 222-5704
Added: Apr 14
Changed: Aug 19
Last Checked: Sep 13 at 7:06PM
MLS# DCDC2251030
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 four-unit residential property contains two one-bedroom, one-bathroom apartments, one four-bedroom, two-bathroom apartment, and one three-bedroom, two-bathroom apartment. The 3,666-square-foot building was constructed in 1942, renovated in 2017, and features brick construction with Federal architectural styling. Central heating and central air conditioning serve the building.
Two apartments are occupied, including one one-bedroom unit and the four-bedroom unit, while the remaining one-bedroom and three-bedroom apartments are vacant. The property includes rear parking and a driveway on a 0.0818-acre lot at 4636 Hillside Road SE in Washington, DC 20019.
Two apartments are occupied, including one one-bedroom unit and the four-bedroom unit, while the remaining one-bedroom and three-bedroom apartments are vacant. The property includes rear parking and a driveway on a 0.0818-acre lot at 4636 Hillside Road SE in Washington, DC 20019.
Key Highlights
- Four‑unit property with two 1‑bedroom/1‑bathroom units, one 4‑bedroom/2‑bathroom unit, and one 3‑bedroom/2‑bathroom unit
- 3,666 square feet on a 0.0818‑acre lot
- Renovated in 2017; constructed in 1942
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
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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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer varied bedroom layouts, central heating and cooling, and driveway parking.
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 property with two 1‑bedroom/1‑bathroom units, one 4‑bedroom/2‑bathroom unit, and one 3‑bedroom/2‑bathroom unit; 3,666 square feet on a 0.0818‑acre lot; Renovated in 2017; constructed in 1942
