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Property profile & analytics
FOR SALE
Quadplexes

1633 W Virginia Ave NE Washington, DC 20002

Built 1931
Property ID
US16-0107317
Property summary
AI-generated overview

Motivated Seller!** Why rent when you can own this 4-unit building? This property is ideal for investors or owner-occupants looking to expand their portfolio. It features four units: two two-bedroom units with one bathroom each, and two one-bedroom units with one bathroom each. Currently, two units are vacant while two are occupied (one one-bedroom unit and one two-bedroom unit) on a month-to-month basis. The rents for the occupied units have recently increased. The roof has been replaced, and several improvements have been made, providing a great opportunity for the buyer to live in one unit and rent out the others. The vacant units are easy to show, and the tenants in the occupied units are very cooperative but require some notice before any showings. This building is conveniently located near stores and other amenities. Don’t miss out on this investment opportunity bikeScore: 70, Very Bikeable walkScore: 60, Somewhat Walkable transitScore: 66, Good Transit

Property profile
Verified
Property type Quadplexes
Year built 1931
UPID US16-0107317
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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