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Four-Unit Brick Quadplex
For Sale
$995,000

928 19TH Street NE, Washington, DC 20002

Multi-Family, WASHINGTON, DC

Property Size2,508 SF
Lot Size0.09 Acres
Price / SF$396.73
Days on Market146

Property Features for 928 19TH Street NE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Dining Room
Parking 1
Parking features Off Street
Interior features Wood Floors, Kitchen - Efficiency, Floor Plan - Traditional, Combination Dining/Living
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
Size 2,508 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 7424

Utilities

Heating system Radiant

Amenities

rear parking

Building Details

Year built 1942
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Compass
Listed By: Jennifer S Smira · License #SP600505
Added: May 14 Changed: Aug 24 Last Checked: Oct 6 at 6:06AM
MLS# DCDC2254308

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.

Investment Insights

Based on property information with market context.

This 2,508-square-foot brick quadplex contains four occupied residences, each arranged as a one-bedroom, one-bath unit. The building dates to 1942 and includes updated kitchens and bathrooms, wood flooring, traditional floor plans, combination dining and living areas, and radiant heat. Off-street parking is provided at the rear.

The property occupies a 3,965-square-foot lot, or 0.091 acres, at 928 19th Street NE in Washington, DC. RA-2 zoning supports the property's current multifamily configuration, while the source information identifies possible future redevelopment into a larger multifamily or condominium project. Ivy City, the H Street Corridor, Union Market, NoMa, Metro, major commuter routes, and the planned RFK Stadium campus transformation are identified as nearby context.

Key Highlights

  • Four occupied one‑bedroom, one‑bath residences
  • 2,508 SF brick building constructed in 1942
  • 3,965‑square‑foot lot measuring 0.091 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,780
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$955,600 $955.6K
Cap Rate 7%
$682,571 $682.6K
Cap Rate 9%
$530,889 $530.9K
Market Conditions
NOI Build-Up for 2,508 SF
Gross rent
$72.2K $28.80/SF
− Vacancy
−$4.0K −$1.58/SF
EGI
$68.3K $27.22/SF
− OpEx
−$20.5K −$8.16/SF
NOI
$47.8K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$955,600
Cap Rate 7%
$682,571
Cap Rate 9%
$530,889

Alternative Uses

Best Use
Multifamily LT 5
$682.6K
$597.3K – $796.3K (±1% cap)
NOI $47,780 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$610.0K
$533.7K – $711.6K (±1% cap)
NOI $42,698 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,642 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Furniture & Home Goods (Bike/Boat/Book/etc) Store Electrical Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,174
Businesses Nearby

Demographics for 20002, DC

69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied residential income property with one-bedroom units, updated kitchens and baths, and off-street parking.
Where is this quadplex located?
The property is located at 928 19TH Street NE Washington, DC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Four occupied one‑bedroom, one‑bath residences; 2,508 SF brick building constructed in 1942; 3,965‑square‑foot lot measuring 0.091 acres
More about this property
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