Triplex With Shared Outdoor
For Sale
$435,000
508 Brandywine St Se, Washington, DC 20032
Three one-bedroom residences include two units that are currently vacant.
Property Size1,995 SF
Price / SF$218.05
Days on Market258
Property Features for 508 Brandywine St Se
General Information
Standard status
Active
Size
1,995 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Southeast
Units
Unit Mix
3 x 1BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,777
Amenities
shared outdoor space
Listing Agency:
BML Properties Realty, LLC.
(240) 764-5092
Listed By:
Tonnetta Elisma
(202) 991-7260
Source:
Exprealty
Added: Feb 7
Changed: Oct 21
Last Checked: Oct 21 at 2:26PM
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 BML Properties Realty, LLC.
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 triplex at 508 Brandywine St SE in Washington, DC, contains three one-bedroom units. Two are vacant, while residents have access to a shared outdoor area. The unit mix and current vacancy provide a clear snapshot of the property's configuration.
Key Highlights
- Three one‑bedroom units
- Two of the three units are vacant
- Shared outdoor space for residents
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.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
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
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 one-bedroom residences include two units that are currently vacant.
Where is this triplex located?
The property is located at 508 Brandywine St 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 units; Two of the three units are vacant; Shared outdoor space for residents
