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Columbia Heights Investor Opportunity

615 Newton Place Northwest Washington, DC 20010

615 Newton Place Northwest, Washington, DC, 20010

$975,000

For Sale

$975,000

Four 1BR units with parking in Columbia Heights.

Property Size2,760 SF

Price / SF$353.26

AddedMar 14

Days on Market125

Last RefreshMar 18 at 8:36 am

Property Features for 615 Newton Place Northwest

General Information

Standard status: Active
Size: 2,760 SF
Property subtype: Multi-Family / Fee Simple

Building Details

Year Built: 1943

Listing office RE/MAX Realty Services

Listing date Mar 14, 2026

Source Compass

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 RE/MAX Realty Services

Investment Insights

Based on property information with market context.

This property in Columbia Heights presents an investor opportunity. It features four separately metered one-bedroom units. The rear of the building offers space for three parking spaces. The property has a rental history of over $7200 per month in gross rent. The property size is 2760 square feet. The property is located within city limits and is part of the DISTRICT OF COLUMBIA PUBLIC SCHOOLS school district.

Key Highlights

Four separately metered 1BR units.
Great rental history of more than $7200/month gross rent.
Investor opportunity in Columbia Heights.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$74.5k	$27.00
− Vacancy	−$3.9k	−$1.40
EGI	$70.6k	$25.60
− OpEx	−$21.2k	−$7.68
NOI	$49.5k	$17.92

2,760 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$706.4K

$618.1K – $824.2K (±1% cap)

NOI $49,451 @ 7.0% cap · market cap 5.07%

Second Best

Apartment 5plus

$655.1K

$573.2K – $764.3K (±1% cap)

NOI $45,859 @ 7.0% cap · market cap 4.70%

Theoretical Best

Office A

$1.42M

$1.24M – $1.66M (±1% cap)

NOI $99,376 @ 7.0% cap · market cap 10.19%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Quadplexes
DC
Washington
20010
615 Newton Place Northwest

What type of property is this?

Quadplex - Four 1BR units with parking in Columbia Heights.

Where is this quadplex located?

The property is located at 615 Newton Place Northwest Washington, DC.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: Four separately metered 1BR units.; Great rental history of more than $7200/month gross rent.; Investor opportunity in Columbia Heights.