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Four-Unit Multifamily Building with Rooftop Deck
For Sale
$3,500,000

5309 CONNECTICUT AVENUE NW, Washington, DC 20015

All four residences are leased, and the property is professionally managed with two off-street parking spaces.

Property Size4,063 SF
Price / SF$861.43
Days on Market8

Property Features for 5309 CONNECTICUT AVENUE NW

General Information

Standard status Active
Size 4,063 SF
Total Parking Spaces 2
Property subtype Quadruplex
Occupancy 100%

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 4 x 2BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $22,048

Amenities

rooftop deck
private deck
spiral staircase
stainless-steel appliances
wood flooring

Building Details

Building Size 4,063 SF
Year Built 1913
Buildings 1
Listing Agency: Coldwell Banker Elite
Listed By: David A Moore · License #BR40000256
Source: Kerishull
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 13 at 3:14AM

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 Coldwell Banker Elite

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains approximately 4,063 square feet and eight bedrooms across four two-bedroom residences. Interior features include wood flooring, stainless-steel appliances, contemporary kitchens, and open layouts. The upper-level penthouse spans two levels and has a rooftop deck, a second private deck off the living room, and views of the District. Two off-street parking spaces serve the property.

The building is fully licensed and 100% leased, with current rents. Professional management has been in place for two years, and maintenance and improvement work has been completed during that period. The property is on Connecticut Avenue NW in Chevy Chase, with access to neighborhood restaurants, retail, grocery stores, parks, public transportation, the Friendship Heights commercial district, and Metro. All four units are conveyed together.

Key Highlights

  • Four two‑bedroom units with eight bedrooms total
  • Approximately 4,063 total square feet
  • Unit 4 is a two‑level penthouse with a rooftop deck and a second private deck

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Auto Repair Shop Barber Shop Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,026
Businesses Nearby

Demographics for 20015, DC

16,628
Population
6,727
Households
2.5
Avg Household Size
45
Median Age
86%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
4,751
Density / Sq Mi
$250,001
Median Household Income
$152,430
Median Earnings
$2,088
Median Rent
$1,208,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are leased, and the property is professionally managed with two off-street parking spaces.
Where is this quadplex located?
The property is located at 5309 CONNECTICUT AVENUE NW Washington, DC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Four two‑bedroom units with eight bedrooms total; Approximately 4,063 total square feet; Unit 4 is a two‑level penthouse with a rooftop deck and a second private deck
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