6-Unit Apartment
For Sale
Contact for pricing
610 Eastern Avenue ne, Washington, DC 20019
Exterior-access apartments with separate electric metering, central HVAC, and a rear parking pad.
Property Size3,705 SF
Price / SF$404.86
Days on Market1377
Property Features for 610 Eastern Avenue ne
General Information
Standard status
Active
Size
3,705 SF
Property subtype
Multifamily
Zoning
R5A
Units
Unit Mix
3 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
6
Additional Details
Public Transit
Yes
Building Details
Year Built
1952
Listing Agency:
Crown Realty International Ltd
Listed By:
Samuel Jobi · License #MD 522171
(301) 537-7665
Source:
Crexi
Added: Jan 11, 2023
Changed: Oct 12
Last Checked: Oct 19 at 4:08AM
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 Crown Realty International Ltd
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6-unit apartment building in Northeast Washington, DC, contains three 2BR/1BA units and three 1BR/1BA units. The property offers 3,705 +/- sq. ft. of living area according to the tax record. Each residence has its own exterior entrance and is separately metered for electric, while central HVAC serves the units. A large parking pad is located at the rear of the building.
Five of the six units are currently rented, with a tenant mix consisting of market and S8 residents. The property is situated in the Deanwood neighborhood near schools, federal buildings, restaurants, stores, outdoor attractions, and public transportation. The address is 610 Eastern Ave NE, Washington, DC 20019.
Five of the six units are currently rented, with a tenant mix consisting of market and S8 residents. The property is situated in the Deanwood neighborhood near schools, federal buildings, restaurants, stores, outdoor attractions, and public transportation. The address is 610 Eastern Ave NE, Washington, DC 20019.
Key Highlights
- Six‑unit configuration with three 2BR/1BA and three 1BR/1BA apartments
- 3,705 +/- sq. ft. of living area according to the tax record
- Currently 5 of 6 units are rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,901
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,278,020
$1.3M
Cap Rate 7%
$912,871
$912.9K
Cap Rate 9%
$710,011
$710.0K
Market Conditions
NOI Build-Up for 3,705 SF
Gross rent
$123.6K $33.36/SF
− Vacancy
−$7.4K −$2.00/SF
EGI
$116.2K $31.36/SF
− OpEx
−$52.3K −$14.11/SF
NOI
$63.9K $17.25/SF
Area
ZIP 20019
Vacancy
6.00%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,278,020
Cap Rate 7%
$912,871
Cap Rate 9%
$710,011
Alternative Uses
Best Use
Apartment 5plus
$912.9K
$798.8K – $1.07M
NOI $63,901 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,370 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
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
Frequently Asked Questions
What type of property is this?
Apartment building - Exterior-access apartments with separate electric metering, central HVAC, and a rear parking pad.
Where is this apartment building located?
The property is located at 610 Eastern Avenue ne Washington, DC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Six‑unit configuration with three 2BR/1BA and three 1BR/1BA apartments; 3,705 +/- sq. ft. of living area according to the tax record; Currently 5 of 6 units are rented
