Renovated 4-Unit
For Sale
$799,000
WASHINGTON, DC 20020, Washington, DC 20020
Multi-Family, WASHINGTON, DC
Property Size3,416 SF
Lot Size0.09 Acres
Price / SF$233.90
Days on Market31
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
On 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
Size
3,416 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
5374
Utilities
Heating system
Other (Heating), Baseboard, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Window Unit(s)
Amenities
updated kitchen
finished wood or composite wood floors
central air/heat
upgraded windows
Building Details
Year built
1936
Number of units
4
Building materials
Block, Brick, Concrete
Architectural style
Other
Listing Agency:
Fairfax Realty Premier
(301) 439-9500
Listed By:
Amit Magdieli · License #98367803
(202) 422-8881
Added: Sep 10
Changed: Oct 8
Last Checked: Oct 10 at 8:06PM
MLS# DCDC2282204
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 3,416-square-foot quadplex contains four units: three with three bedrooms and one with two bedrooms. The property has been renovated, and each unit has an updated kitchen and finished wood or composite-wood flooring. One unit has central air and heat. The building dates to 1936 and sits on a 0.09-acre lot. A four-unit certificate of occupancy is transferable at sale.
The property is in Historic Anacostia, close to downtown Anacostia, bus lines, retail and commercial uses. It is located in an Opportunity Zone. The reported cap rate is 8% when fully rented.
The property is in Historic Anacostia, close to downtown Anacostia, bus lines, retail and commercial uses. It is located in an Opportunity Zone. The reported cap rate is 8% when fully rented.
Key Highlights
- Four units: three 3‑bedroom units and one 2‑bedroom unit
- 3,416 square feet on a 0.09‑acre lot
- Renovated units with updated kitchens and finished wood or composite‑wood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,366
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,320
$1.2M
Cap Rate 7%
$862,371
$862.4K
Cap Rate 9%
$670,733
$670.7K
Market Conditions
NOI Build-Up for 3,416 SF
Gross rent
$92.2K $27.00/SF
− Vacancy
−$6.0K −$1.76/SF
EGI
$86.2K $25.25/SF
− OpEx
−$25.9K −$7.57/SF
NOI
$60.4K $17.67/SF
Area
ZIP 20020
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,320
Cap Rate 7%
$862,371
Cap Rate 9%
$670,733
Alternative Uses
Best Use
Multifamily LT 5
$862.4K
$754.6K – $1.01M
NOI $60,366 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$770.4K
$674.1K – $898.8K
NOI $53,927 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,458 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated kitchens and a three-bedroom/two-bedroom unit mix offer flexibility for rental or owner-occupant use.
Where is this quadplex located?
The property is located at Washington, DC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four units: three 3‑bedroom units and one 2‑bedroom unit; 3,416 square feet on a 0.09‑acre lot; Renovated units with updated kitchens and finished wood or composite‑wood floors
