Manor Park Four-Unit
5618 1st Street Northwest, Washington, DC 20011
Well-maintained four-unit property in sought-after Manor Park neighborhood.
Type:Multi-Family / Fee Simple
Property size:
2,800 SFPrice / SF:
$297/SF- Added:
- Jan 30, 2026
- Days on Market:
- 121
- Last Refresh:
- Mar 13 at 3:47 pm
Property Features for 5618 1st Street Northwest
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1935
Listing agent James A Frieson License #SP98370822 (301) 908-4379
Listing office RE/MAX Specialists (301) 908-4379
Listing date Jan 30, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Specialists
HighLights
- Prime location in the highly desirable Manor Park neighborhood of NW Washington, DC.
- Solid 1930s brick construction with four spacious 1‑bedroom, 1‑bath units, each with hardwood floors and a screened‑in porch.
- Rare detached 4‑car garage providing additional income potential and convenience.
- Recent updates in several units, including newer furnaces, water heaters, and appliances.
- Month‑to‑month leases offer flexibility.
- Convenient access to Georgia Avenue, public transportation and more.
Overview
This well-maintained, brick four-unit property is located in the Manor Park neighborhood of Northwest Washington, DC. Constructed in the 1930s, the building features a spacious layout with four one-bedroom, one-bath units. Each unit includes hardwood floors and a screened-in porch. Several units have been recently updated with newer furnaces, water heaters, and appliances. The property also includes a detached four-car garage, offering additional income potential. Each unit is currently occupied with month-to-month leases. The property is located near Georgia Avenue, public transportation, parks, shopping, and schools, with access to Downtown DC, Brookland, Catholic University, and commuter routes into Montgomery County. This property presents an opportunity for investors seeking a stable income-producing asset in an established community, with potential for condo conversion. The property is located within the District of Columbia Public Schools district.
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 | $75.6k | $27.00 |
| − Vacancy | −$3.9k | −$1.40 |
| EGI | $71.7k | $25.60 |
| − OpEx | −$21.5k | −$7.68 |
| NOI | $50.2k | $17.92 |
2,800 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$716.7K
$627.1K – $836.1K
NOI $50,168 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$636.6K
$557.1K – $742.8K
NOI $44,565 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,195 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.0065715
- Latitude
- 38.9584076
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property in sought-after Manor Park neighborhood.
Where is this quadplex located?
The property is located at 5618 1st Street Northwest Washington, DC.
What is the asking price?
The asking price for this property is $832,977.
What are key features of this property?
This property features: Prime location in the highly desirable Manor Park neighborhood of NW Washington, DC.; Solid 1930s brick construction with four spacious 1‑bedroom, 1‑bath units, each with hardwood floors and a screened‑in porch.; Rare detached 4‑car garage providing additional income potential and convenience.
