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Four-Unit 1-Bedroom Apartment Building

4706-4710 QUARLES Street NE Washington, DC 20019

4706-4710 QUARLES Street NE, Washington, DC, 20019
$535,000
For Sale
Claim this Listing
$535,000

MULTI_FAMILY - WASHINGTON, DC

Property Size2,376 SF
Lot Size0.07 Acres
Price / SF$225.17
AddedFeb 28
Days on Market138
Last RefreshJul 16 at 4:06 am

Property Features for 4706-4710 QUARLES Street NE

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
2,376 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
2828

Utilities

Heating system
Forced Air
Cooling system
Wall Unit(s)

Building Details

Year built
1951
Number of units
4
Building materials
Brick

Listing agent Cecil C Smith License #SP98374081

Listing office Bennett Realty Solutions 6301 Ivy Lane unit: 805, GREENBELT, DC

Listing date Feb 28, 2026

MLS# DCDC2243048 Listing URL

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 apartment building contains four spacious 1-bedroom units, each featuring updated kitchens. The roof is approximately 10 years old. Two of the units have additional recent improvements, including new appliances, fresh paint, and updated flooring, creating a more move-in-ready setup across the property.

Located on a quiet, picturesque block in Washington, DC, the building offers practical connectivity to major routes, including I-295, the BW Parkway, and I-95 (north and south). It is also near public transportation, with Deanwood Metro Station on the Orange Line within walking distance and Benning Road Metro Station close by. The area is described as being near Washington Commanders Stadium and within reach of Anacostia Park, Kenilworth Aquatic Gardens, and the Anacostia Riverwalk Trail, with proximity to Capitol Hill.

The unit mix and four separate apartments make the property a workable fit for investors seeking a straightforward rental portfolio, or for an owner-occupant who wants to live in one unit while renting the others. With multiple units supported by updated kitchen elements and at least part of the building recently refreshed, it offers a practical option for tenants and operators looking for a clean, residential-income configuration.

Key Highlights

  • Excellent investment opportunity with potential for owner‑occupancy and rental income.
  • Located in a rapidly appreciating area near the Washington Commanders Stadium, Anacostia Park, and Capitol Hill.
  • Convenient access to major highways (I‑295, BW Parkway, I‑95) and public transportation.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $69.9k $29.40
− Vacancy −$4.3k −$1.82
EGI $65.5k $27.58
− OpEx −$19.7k −$8.27
NOI $45.9k $19.30
2,376 SF · lease $29.40/SF/yr · vacancy 6.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$655.2K
$573.3K – $764.4K (±1% cap)
NOI $45,866 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$585.4K
$512.2K – $683.0K (±1% cap)
NOI $40,979 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,377 @ 7.0% cap · market cap 16.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Law Firm Hair Salon Spa & Massage Center Real Estate Agency Pharmacy Accounting Firm (Bike/Boat/Book/etc) Store Bakery Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four 1-bedroom apartments with updated kitchens and interior improvements, supported by convenient access to area highways and transit.
Where is this quadplex located?
The property is located at 4706-4710 QUARLES Street NE Washington, DC.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Excellent investment opportunity with potential for owner‑occupancy and rental income.; Located in a rapidly appreciating area near the Washington Commanders Stadium, Anacostia Park, and Capitol Hill.; Convenient access to major highways (I‑295, BW Parkway, I‑95) and public transportation.
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