508 BRANDYWINE Street SE Washington, DC 20032
MULTI_FAMILY - Other - WASHINGTON, DC
Property Features for 508 BRANDYWINE Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,995 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1777
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1951
- Number of units
- 3
- Building materials
- Brick
- Architectural style
- Other
Listing agent Tonnetta Elisma (202) 991-7260
Listing office BML Properties Realty, LLC. 9500 Medical Center Drive unit: 101, UPPER MARLBORO, DC (240) 764-5092
Listing date Feb 12, 2026
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.
The property is located at 508 Brandywine Street SE, Washington, DC 20032. With a listed lot size of 0.06 acres and total property size of 1,995 square feet, it’s configured as a self-contained residential income building within the District of Columbia.
For investors, the two-vacancy setup can reduce near-term turnover risk and support leasing plans without waiting for unit availability. For owner-occupants, the three-unit structure provides options for living in one unit while renting the others. The seller is described as motivated and open to negotiating a credit toward a new fence with a full-price offer, which may help address exterior amenity and upkeep needs.
Key Highlights
- Well‑maintained triplex built in 1951 with brick construction
- Three one‑bedroom units with forced‑air heating and window unit cooling
- Two of the three units are currently vacant, offering immediate leasing flexibility
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 | $53.9k | $27.00 |
| − Vacancy | −$2.8k | −$1.40 |
| EGI | $51.1k | $25.60 |
| − OpEx | −$15.3k | −$7.68 |
| NOI | $35.7k | $17.92 |