Renovated 4-Unit
52 FORRESTER Street SW, Washington, DC 20032
For Sale
$700,000
Multi-Family, WASHINGTON, DC
Property Size2,592 SF
Lot Size0.08 Acres
Price / SF$270.06
Days on Market241
Property Features for 52 FORRESTER Street SW
General Information
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Elementary school district
Middle school district
High school district
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Taxes and HOA fees
Tax Annual Amount
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Building Details
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Number of units
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Buildings
Listing Agency:
Bennett Realty Solutions
(301) 459-5040
Listed By:
David Wayne Ritter Sr. · License DC SP40002713
(301) 873-8537
Added: Mar 15
Changed: Nov 8
Last Checked: Nov 10 at 1:06AM
MLS# DCDC2250690
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 brick quadplex contains 2,592 square feet across four apartments: two two-bedroom units and two one-bedroom units. A comprehensive interior rebuild included new HVAC, electrical and plumbing systems, water heaters, flooring, kitchens, appliances, and bathrooms. Each apartment has a modern kitchen with quartz countertops and updated appliances, plus a renovated bathroom. Central heating and central air serve the building, which was constructed in 1943.
The property is in Southwest DC, with National Harbor, Capitol Hill, Navy Yard, and Joint Base Anacostia-Bolling described as a short drive away. The listing also notes access to commuter routes, parks, and waterfront attractions. The 0.0827-acre site offers off-street, driveway, and on-street parking options.
The property is in Southwest DC, with National Harbor, Capitol Hill, Navy Yard, and Joint Base Anacostia-Bolling described as a short drive away. The listing also notes access to commuter routes, parks, and waterfront attractions. The 0.0827-acre site offers off-street, driveway, and on-street parking options.
Key Highlights
- Four apartments: two 2‑bedroom units and two 1‑bedroom units
- 2,592 square feet in a brick building
- Interior rebuilt with new HVAC, electrical, plumbing, and water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,441
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,820
$928.8K
Cap Rate 7%
$663,443
$663.4K
Cap Rate 9%
$516,011
$516.0K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$70.0K $27.00/SF
− Vacancy
−$3.6K −$1.40/SF
EGI
$66.3K $25.60/SF
− OpEx
−$19.9K −$7.68/SF
NOI
$46.4K $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%
$928,820
Cap Rate 7%
$663,443
Cap Rate 9%
$516,011
Alternative Uses
Best Use
Multifamily LT 5
$663.4K
$580.5K – $774.0K
NOI $46,441 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$615.2K
$538.3K – $717.8K
NOI $43,067 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,327 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
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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
$391,400
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Washington, DC
Properties on Market for Quadplexes in Washington
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - A fully rebuilt interior includes updated kitchens, bathrooms, and building systems.
Where is this quadplex located?
The property is located at 52 FORRESTER Street SW Washington, DC.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom units and two 1‑bedroom units; 2,592 square feet in a brick building; Interior rebuilt with new HVAC, electrical, plumbing, and water heaters
