Three-Unit Triplex with Shared Outdoor
For Sale
Under Contract
$435,000
508 BRANDYWINE Street SE, Washington, DC 20032
Multi-Family, WASHINGTON, DC
Property Size1,995 SF
Lot Size0.06 Acres
Price / SF$218.05
Days on Market254
Property Features for 508 BRANDYWINE Street SE
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
On Street
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 Under Contract
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)
Amenities
shared outdoor space
Building Details
Year built
1951
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
BML Properties Realty, LLC.
(240) 764-5092
Listed By:
Tonnetta Elisma
(202) 991-7260
Added: Feb 12
Changed: Oct 21
Last Checked: Oct 24 at 10:06AM
MLS# DCDC2227216
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 1,995-square-foot brick triplex contains three one-bedroom apartments, with two units currently vacant. Shared outdoor space serves the property. The building was constructed in 1951 and has forced-air heating, window-unit cooling, and on-street parking. The parcel measures 0.06 acres and is located in Washington, DC.
Key Highlights
- Three one‑bedroom apartments in a 1,995‑square‑foot building
- Two of the three units are vacant
- 0.06‑acre parcel with shared outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,745
Cap Rate
8.22%
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 8.22%
Second Best
Apartment 5plus
$473.5K
$414.4K – $552.5K
NOI $33,148 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$1.03M
$897.9K – $1.20M
NOI $71,831 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two apartments are vacant, and all three units have one bedroom.
Where is this triplex located?
The property is located at 508 BRANDYWINE Street SE Washington, DC.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Three one‑bedroom apartments in a 1,995‑square‑foot building; Two of the three units are vacant; 0.06‑acre parcel with shared outdoor space
