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Brick Quadplex with Vacant Units
New
For Sale
$449,000

4706-4710 QUARLES Street NE, Washington, DC 20019

Multi-Family, WASHINGTON, DC

Property Size2,376 SF
Lot Size0.07 Acres
Price / SF$188.97
Days on Market3

Property Features for 4706-4710 QUARLES Street NE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features On Street
Subdivision LILY PONDS
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 2,376 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 Agency: Real Broker, LLC
Listed By: Abel M Gebremichael · License #SP98377913
Added: Oct 16 Last Checked: Oct 18 at 3:06PM
MLS# DCDC2286190

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.

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Investment Insights

Based on property information with market context.

This 2,376-square-foot quadplex at 4706-4710 Quarles Street NE contains four units, two vacant and two occupied. Built in 1951, the brick building is in fair, mostly original condition. Heating is provided by forced air, cooling by wall units, and parking is on street. The parcel measures 0.0682 acres.

Key Highlights

  • Four‑unit brick property built in 1951
  • Two vacant apartments and two occupied apartments
  • 2,376 square feet on a 0.0682‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,979
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,580 $819.6K
Cap Rate 7%
$585,414 $585.4K
Cap Rate 9%
$455,322 $455.3K
Market Conditions
NOI Build-Up for 2,376 SF
Gross rent
$79.3K $33.36/SF
− Vacancy
−$4.8K −$2.00/SF
EGI
$74.5K $31.36/SF
− OpEx
−$33.5K −$14.11/SF
NOI
$41.0K $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 Rate 5%
$819,580
Cap Rate 7%
$585,414
Cap Rate 9%
$455,322

Alternative Uses

Best Use
Multifamily LT 5
$655.2K
$573.3K – $764.4K (±1% cap)
NOI $45,866 @ 7.0% cap · market cap 10.22%
Second Best
Apartment 5plus
$585.4K
$512.2K – $683.0K (±1% cap)
NOI $40,979 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,377 @ 7.0% cap · market cap 19.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Spa & Massage Center Real Estate Agency Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Two vacant apartments offer flexibility alongside two occupied units in this four-unit residential property.
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 $449,000.
What are key features of this property?
This property features: Four‑unit brick property built in 1951; Two vacant apartments and two occupied apartments; 2,376 square feet on a 0.0682‑acre lot
More about this property
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