Four-Unit Apartment
4706 Quarles Street Northeast Washington, DC 20019
4706 Quarles Street Northeast, Washington, DC, 20019
$620,000
Pending
For Sale
$620,000
Pending
Four spacious 1-bedroom apartments in a well-maintained building with a roof about 10 years old.
Property Size2,376 SF
Days on Market132
Property Features for 4706 Quarles Street Northeast
General Information
- Standard status
- Pending
- Size
- 2,376 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1951
Listing agency
Coldwell Banker Realty
(202) 658-0213
Listed by
Cecil Smith · License #SP98374081
(202) 658-0213
Source
Compass
Added: Mar 13 Updated: Jul 21 at 6:57PM Checked: Jul 22 at 7:06AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This four-unit apartment building features four spacious, well-maintained 1-bedroom apartments with updated kitchens and sun-filled living spaces. The roof is approximately 10 years old. Two of the units have newer appliances, fresh paint, and updated flooring.
The property is located in Washington, DC and sits on a quiet, picturesque block with easy access to I-295, the BW Parkway, and I-95 (north and south). It is also conveniently close to Benning Road Metro Station, with proximity to Downtown Washington, DC and Commanders Stadium. Nearby recreation includes Anacostia Park, Kenilworth Aquatic Gardens, and the Anacostia Riverwalk Trail.
For owners seeking flexibility, the configuration supports living in one unit while renting the others, and the recent unit updates may appeal to tenants looking for refreshed interiors.
The property is located in Washington, DC and sits on a quiet, picturesque block with easy access to I-295, the BW Parkway, and I-95 (north and south). It is also conveniently close to Benning Road Metro Station, with proximity to Downtown Washington, DC and Commanders Stadium. Nearby recreation includes Anacostia Park, Kenilworth Aquatic Gardens, and the Anacostia Riverwalk Trail.
For owners seeking flexibility, the configuration supports living in one unit while renting the others, and the recent unit updates may appeal to tenants looking for refreshed interiors.
Key Highlights
- Four‑unit building built in 1951 with four spacious 1‑bedroom apartments
- Roof is approximately 10 years old
- Two units feature new appliances, fresh paint, and updated flooring
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
NOI $45,866 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$585.4K
$512.2K – $683.0K
NOI $40,979 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,377 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four spacious 1-bedroom apartments in a well-maintained building with a roof about 10 years old.
Where is this quadplex located?
The property is located at 4706 Quarles Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Four‑unit building built in 1951 with four spacious 1‑bedroom apartments; Roof is approximately 10 years old; Two units feature new appliances, fresh paint, and updated flooring
