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Corner Quadplex with Decks

520 Constitution Avenue NE Washington, DC 20002

520 Constitution Avenue NE, Washington, DC, 20002
$1,950,000
For Sale
$1,950,000

Four spacious units with decks and distinctive original interior details, offered for sale in a walkable Capitol Hill area.

Property Size4,014 SF
Price / SF$485.80
Days on Market230

Property Features for 520 Constitution Avenue NE

General Information

Standard status
Active
Size
4,014 SF
Property subtype
Multi-family

Building Details

Year Built
1890
Listing Agency Compass
Listed by Dyanne M Branand
Source Deepcreeklake
Added: Nov 28, 2025 Checked: Jul 15 at 5:28 pm

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 Compass


Investment Insights

Based on property information with market context.

This corner quadplex offers four large, gracious residences, configured as two one-bedroom units and two two-bedroom units. The building includes exterior decks and retains many original architectural details, including wood trim and tin ceilings, providing character throughout the living spaces.

The property is located at 520 Constitution Avenue NE in Washington, DC, described as a corner home about six blocks to the Senate. The setup supports a straightforward residential rental mix across the one- and two-bedroom configurations.

For buyers or investors seeking an owner-occupied or income-producing multifamily asset, the unit mix provides flexibility for tenant preferences between one-bedroom and two-bedroom layouts. The combination of decks and preserved interior detailing may appeal to tenants looking for more distinctive finishes in a well-positioned, residential setting.

Key Highlights

  • Year built 1890 corner home with four spacious units
  • Unit mix: two 1‑bedroom units and two 2‑bedroom units
  • Each unit includes decks

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $115.6k $28.80
− Vacancy −$6.4k −$1.58
EGI $109.2k $27.22
− OpEx −$32.8k −$8.16
NOI $76.5k $19.05
4,014 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.09M
$955.9K – $1.27M (±1% cap)
NOI $76,472 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$976.2K
$854.2K – $1.14M (±1% cap)
NOI $68,337 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $145,070 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Four spacious units with decks and distinctive original interior details, offered for sale in a walkable Capitol Hill area.
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: Year built 1890 corner home with four spacious units; Unit mix: two 1‑bedroom units and two 2‑bedroom units; Each unit includes decks
Contact an agent
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