Three-Unit Multifamily
For Sale
$437,500
Pending
507 Brandywine St Se, Washington, DC 20032
Three units with fenced rear yard and private carport, offering flexible options for owner-occupants or investors.
Property Size1,995 SF
Days on Market154
Property Features for 507 Brandywine St Se
General Information
Standard status
Pending
Size
1,995 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Southeast
Fenced Yard
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,401
Building Details
Tenancy
Multi
Listing Agency:
Keller Williams Capital Properties
(202) 243-7700
Listed By:
Abel M Gebremichael · License #SP98377913
(202) 601-0160
Source:
Exprealty
Added: May 28
Changed: Oct 25
Last Checked: Oct 28 at 9:22AM
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 Keller Williams Capital Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit multifamily property provides consistent 1BR/1BA layouts across all units. The exterior includes a fenced rear yard and a private rear carport, and an installed surveillance system is included for added security. Interior finishes are functional, with some cosmetic updates already in place that may help improve tenant-ready presentation. Two units are currently vacant, while one unit is owner-occupied.
The property is located in a rapidly developing Ward 8 corridor, with convenient access to Metro and major commuter routes. It is also positioned near neighborhood amenities, supporting a range of everyday tenant needs.
With two vacant units and a largely uniform floor plan across the building, this triplex can work well for an owner-occupant looking to live in one unit while leasing the others. It may also fit investors seeking a straightforward residential income setup with the option to operate under traditional leasing or program-friendly structures. The seller notes that all information reflects current conditions and no future performance is represented or guaranteed.
The property is located in a rapidly developing Ward 8 corridor, with convenient access to Metro and major commuter routes. It is also positioned near neighborhood amenities, supporting a range of everyday tenant needs.
With two vacant units and a largely uniform floor plan across the building, this triplex can work well for an owner-occupant looking to live in one unit while leasing the others. It may also fit investors seeking a straightforward residential income setup with the option to operate under traditional leasing or program-friendly structures. The seller notes that all information reflects current conditions and no future performance is represented or guaranteed.
Key Highlights
- 3‑unit multifamily property (built 1951) with consistent 1BR/1BA layouts
- Fenced rear yard plus private rear carport
- Surveillance system installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,745
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,900
$714.9K
Cap Rate 7%
$510,643
$510.6K
Cap Rate 9%
$397,167
$397.2K
Market Conditions
NOI Build-Up for 1,995 SF
Gross rent
$53.9K $27.00/SF
− Vacancy
−$2.8K −$1.40/SF
EGI
$51.1K $25.60/SF
− OpEx
−$15.3K −$7.68/SF
NOI
$35.7K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,900
Cap Rate 7%
$510,643
Cap Rate 9%
$397,167
Alternative Uses
Best Use
Multifamily LT 5
$510.6K
$446.8K – $595.8K
NOI $35,745 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$473.5K
$414.4K – $552.5K
NOI $33,148 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$1.03M
$897.9K – $1.20M
NOI $71,831 @ 7.0% cap · market cap 16.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
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
Frequently Asked Questions
What type of property is this?
Triplex - Three units with fenced rear yard and private carport, offering flexible options for owner-occupants or investors.
Where is this triplex located?
The property is located at 507 Brandywine St Se Washington, DC.
What is the asking price?
The asking price for this property is $437,500.
What are key features of this property?
This property features: 3‑unit multifamily property (built 1951) with consistent 1BR/1BA layouts; Fenced rear yard plus private rear carport; Surveillance system installed
