Updated 4-Unit
For Sale
$1,199,000
6616 14TH STREET NW, Washington, DC 20012
Separately metered apartments feature in-unit laundry, individual HVAC systems, and resident parking near transit and neighborhood retail.
Property Size3,200 SF
Days on Market193
Property Features for 6616 14TH STREET NW
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
8
Property subtype
Quadruplex
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$7,784
Amenities
in-unit washer/dryer
central AC/heat
intercom system
cable/high-speed internet
Building Details
Building Size
3,200 SF
Year Built
1937
Year Renovated
2006
Buildings
1
Construction
brick on block
Listing Agency:
O'Neill Realty Advisors, LLC
Listed By:
Andrew O'Neill · License #PB98367485
(301) 801-1166
Source:
Barnesrealestatecompany
Added: Apr 6
Changed: Oct 8
Last Checked: Oct 15 at 5:19AM
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 O'Neill Realty Advisors, LLC
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Investment Insights
Based on property information with market context.
Built in 1937, this 3,200-square-foot solid-brick quadplex contains four apartments, each configured with 2 bedrooms and 1 bath. The units were updated circa 2006 and include hardwood flooring, kitchens with hardwood cabinetry, ceramic tile floors, and updated appliances. Every apartment has its own gas and electric meters, furnace, hot water heater, washer and dryer, forced-air central AC and heat, and intercom system. Three of the four HVAC units were replaced in 2025.
Rear entrances open to an off-street parking area with up to 8 stacked spaces, available for building residents. The property is located at 6616 14th St NW in Washington, DC, two blocks from Whole Foods, Starbucks, and The Parks at Walter Reed. Takoma Park Metro is within walking distance, multiple bus lines run directly in front of the building, and Rock Creek Park is adjacent. The property is rent-control exempt and conveys with a RAD Exemption.
Rear entrances open to an off-street parking area with up to 8 stacked spaces, available for building residents. The property is located at 6616 14th St NW in Washington, DC, two blocks from Whole Foods, Starbucks, and The Parks at Walter Reed. Takoma Park Metro is within walking distance, multiple bus lines run directly in front of the building, and Rock Creek Park is adjacent. The property is rent-control exempt and conveys with a RAD Exemption.
Key Highlights
- Four 2BR/1Bath apartments in a 3,200 SF quadplex
- Rent‑control exempt; conveys with a RAD Exemption
- All units separately metered for gas and electric
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,335
Cap Rate
4.78%
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
Washington, DC
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
NOI $57,335 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$759.6K
$664.6K – $886.2K
NOI $53,170 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,218 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
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Business Placement
Demographics for 20012, DC
15,485
Population
7,599
Households
2
Avg Household Size
41
Median Age
59%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
7,374
Density / Sq Mi
$128,234
Median Household Income
$75,138
Median Earnings
$1,638
Median Rent
$838,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Separately metered apartments feature in-unit laundry, individual HVAC systems, and resident parking near transit and neighborhood retail.
Where is this quadplex located?
The property is located at 6616 14TH STREET NW Washington, DC.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Four 2BR/1Bath apartments in a 3,200 SF quadplex; Rent‑control exempt; conveys with a RAD Exemption; All units separately metered for gas and electric
