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4-Unit Brick Apartment Building
For Sale
Under Contract
$695,000

5938 13TH Place NW, Washington, DC 20011

Multi-Family, WASHINGTON, DC

Property Size3,200 SF
Lot Size0.09 Acres
Price / SF$217.19
Days on Market179

Property Features for 5938 13TH Place NW

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking 2
Parking features Off Street
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 Under Contract
Size 3,200 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 7767

Utilities

Heating system Other (Heating)
Cooling system Window Unit(s)

Building Details

Year built 1937
Number of units 4
Building materials Brick
Architectural style Colonial
Listing Agency: RLAH @properties
Listed By: Michele N Collison · License #SP98360
Added: May 5 Changed: Oct 21 Last Checked: Oct 30 at 12:06AM
MLS# DCDC2258972

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 3,200-square-foot apartment property contains four two-bedroom units. Built in 1937, the Colonial-style building has brick construction and a basement. Heating is listed as other, with window-unit cooling, and parking is available off street.

The property occupies a 0.09-acre lot and is zoned RA-1. Three of the four apartments are vacant; one unit is occupied.

Key Highlights

  • Four two‑bedroom apartments in a 3,200‑square‑foot building
  • Three of the four units are vacant
  • RA‑1 zoning on a 0.09‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,335
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,700 $1.1M
Cap Rate 7%
$819,071 $819.1K
Cap Rate 9%
$637,056 $637.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$86.4K $27.00/SF
− Vacancy
−$4.5K −$1.40/SF
EGI
$81.9K $25.60/SF
− OpEx
−$24.6K −$7.68/SF
NOI
$57.3K $17.92/SF
Area
ZIP 20011
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,700
Cap Rate 7%
$819,071
Cap Rate 9%
$637,056

Alternative Uses

Best Use
Multifamily LT 5
$819.1K
$716.7K – $955.6K (±1% cap)
NOI $57,335 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$727.6K
$636.6K – $848.9K (±1% cap)
NOI $50,931 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M (±1% cap)
NOI $115,652 @ 7.0% cap · market cap 16.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,380
Businesses Nearby

Demographics for 20011, DC

67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom apartments are arranged in a Colonial-style building with off-street parking.
Where is this quadplex located?
The property is located at 5938 13TH Place NW Washington, DC.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Four two‑bedroom apartments in a 3,200‑square‑foot building; Three of the four units are vacant; RA‑1 zoning on a 0.09‑acre lot
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Includes: Price & PSF · Cap rate · Location · Zoning

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