Four-Unit
For Sale
$550,000
5117 A St SE, Washington, DC 20019
Four two-bedroom residences offer in-unit laundry, separate electrical service, and a mix of central and window air conditioning.
Property Size2,368 SF
Price / SF$232.26
Days on Market13
Property Features for 5117 A St SE
General Information
Standard status
Active
Size
2,368 SF
Property subtype
Multi-Family
Occupancy
50%
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Amenities
in-unit washer and dryer
central air conditioning
stainless-steel appliances
Building Details
Year Built
1953
Buildings
1
Tenancy
Multi
Listing Agency:
Samson Properties
Listed By:
Dilyara Daminova · License #SP98379586
(571) 499-2727
Source:
Gklegacygroup
Added: Sep 1
Changed: Sep 12
Last Checked: Sep 12 at 12:14PM
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 Samson Properties
Investment Insights
Based on property information with market context.
Built in 1953, this 2,368-square-foot quadplex contains four two-bedroom, one-bathroom residences. Each unit includes a living room, galley kitchen, full bathroom, hardwood flooring, stove, refrigerator, garbage disposal, and in-unit washer and dryer. Three units have central air conditioning, while the fourth uses window air conditioning. Separate electrical service serves each residence, and select units include upgraded countertops and stainless-steel appliances.
Two apartments are leased and two are available. Existing leases transfer to the purchaser. The property is located at 5117 A Street SE in Washington, DC, near Fort Chaplin Park and Fort Circle Park. Benning Road Metro and Capitol Heights Metro are both less than one mile away, with access to East Capitol Street SE, Central Avenue SE, and the D.C.-Maryland line nearby.
Two apartments are leased and two are available. Existing leases transfer to the purchaser. The property is located at 5117 A Street SE in Washington, DC, near Fort Chaplin Park and Fort Circle Park. Benning Road Metro and Capitol Heights Metro are both less than one mile away, with access to East Capitol Street SE, Central Avenue SE, and the D.C.-Maryland line nearby.
Key Highlights
- Four 2‑bedroom, 1‑bathroom units in a 2,368 SF building
- Two units leased and two units available; existing leases transfer to the purchaser
- Built in 1953 with hardwood floors and in‑unit washers and dryers
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,712
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$914,240
$914.2K
Cap Rate 7%
$653,029
$653.0K
Cap Rate 9%
$507,911
$507.9K
Market Conditions
NOI Build-Up for 2,368 SF
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.
Gross rent
$69.6K $29.40/SF
− Vacancy
−$4.3K −$1.82/SF
EGI
$65.3K $27.58/SF
− OpEx
−$19.6K −$8.27/SF
NOI
$45.7K $19.30/SF
Area
ZIP 20019
Vacancy
6.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$914,240
Cap Rate 7%
$653,029
Cap Rate 9%
$507,911
Alternative Uses
Best Use
Multifamily LT 5
$653.0K
$571.4K – $761.9K
NOI $45,712 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$583.4K
$510.5K – $680.7K
NOI $40,841 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,076 @ 7.0% cap · market cap 16.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences offer in-unit laundry, separate electrical service, and a mix of central and window air conditioning.
Where is this quadplex located?
The property is located at 5117 A St SE Washington, DC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom units in a 2,368 SF building; Two units leased and two units available; existing leases transfer to the purchaser; Built in 1953 with hardwood floors and in‑unit washers and dryers
