Victorian Four-Unit Apartment
For Sale
$1,950,000
520 CONSTITUTION Avenue NE, Washington, DC 20002
Multi-Family, WASHINGTON, DC
Property Size4,014 SF
Lot Size0.03 Acres
Price / SF$485.80
Days on Market316
Property Features for 520 CONSTITUTION Avenue NE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
On Street
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, WaterHeater
Subdivision
CAPITOL HILL
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
Size
4,014 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
12305
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Amenities
decks
Building Details
Year built
1890
Number of units
4
Building materials
Brick
Architectural style
Victorian
Listing Agency:
Compass
(202) 545-6900
Listed By:
Dyanne M Branand
(202) 369-7902
Added: Dec 18, 2025
Changed: Oct 8
Last Checked: Oct 30 at 2:06AM
MLS# DCDC2235404
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 Victorian brick property contains four residential units within 4,014 square feet: two one-bedroom apartments and two two-bedroom apartments. The 1890 construction includes period features such as wood trim, tin ceilings, decks, and a fireplace. A basement is also included. Kitchen and laundry appliances include dishwashers, disposals, refrigerators, stoves, washers, dryers, and a water heater. Cooling is provided by window units, with on-street parking available.
The property occupies a 0.0282-acre corner lot at 520 Constitution Avenue NE in Washington, DC 20002. The location is described as six blocks from the Senate. Its four-unit configuration and existing residential improvements provide a defined multifamily layout in a historic brick building.
The property occupies a 0.0282-acre corner lot at 520 Constitution Avenue NE in Washington, DC 20002. The location is described as six blocks from the Senate. Its four-unit configuration and existing residential improvements provide a defined multifamily layout in a historic brick building.
Key Highlights
- Four‑unit configuration with two one‑bedroom and two two‑bedroom apartments
- 4,014 square feet on a 0.0282‑acre corner lot
- Victorian brick construction dating to 1890
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,472
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,440
$1.5M
Cap Rate 7%
$1,092,457
$1.1M
Cap Rate 9%
$849,689
$849.7K
Market Conditions
NOI Build-Up for 4,014 SF
Gross rent
$115.6K $28.80/SF
− Vacancy
−$6.4K −$1.58/SF
EGI
$109.2K $27.22/SF
− OpEx
−$32.8K −$8.16/SF
NOI
$76.5K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,440
Cap Rate 7%
$1,092,457
Cap Rate 9%
$849,689
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$955.9K – $1.27M
NOI $76,472 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$976.2K
$854.2K – $1.14M
NOI $68,337 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $145,070 @ 7.0% cap · market cap 7.44%
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
5,779
Businesses Nearby
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Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Brick construction with decks, original trim, and tin ceilings.
Where is this quadplex located?
The property is located at 520 CONSTITUTION Avenue NE Washington, DC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Four‑unit configuration with two one‑bedroom and two two‑bedroom apartments; 4,014 square feet on a 0.0282‑acre corner lot; Victorian brick construction dating to 1890
