5611 7th Street Northwest Washington, DC 20011
Income-producing multifamily property with upside potential near metro.
Property Features for 5611 7th Street Northwest
General Information
- Standard status
- Active
- Size
- 7,850 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1931
Listing office Feldman Ruel
Listing date May 26, 2026
Source Crexi
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 Feldman Ruel
Investment Insights
Based on property information with market context.
Key Highlights
- Stable, income‑producing asset with strong occupancy.
- Significant upside potential by converting to voucher tenants.
- Well‑maintained with recent CapEx and minimal deferred maintenance.
Local Financial Insights For Apartment 5plus
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 | $241.2k | $30.72 |
| − Vacancy | −$14.0k | −$1.78 |
| EGI | $227.2k | $28.94 |
| − OpEx | −$102.2k | −$13.02 |
| NOI | $124.9k | $15.92 |
