MLS: #DCDC2282412, Listed By: Luis Vivas, Compass, Source:Bright MLS
1724 Capitol Avenue
WASHINGTON, DC 20002
4
Bed
0
Bath
3,216Sqft
0.07Acre(Lot)
Rare fully-occupied 4-unit investment opportunity in DC's Brentwood corridor, minutes from Gallaudet University and Union Market. This solid brick building was built in 1937, all four units one-bedroom and individually metered for electric with their own heat pumps, keeping operating costs low and predictable for ownership. The flat roof was fully resurfaced in 2024, and a valid Certificate of Occupancy is on file. Additional features include a rear storage building with roll-up door, private decks, and a classic front porch. On-street parking. Currently producing $66,516 in gross annual rent at a 5.7% cap rate, with every unit priced below market and a confirmed comparable-sale ceiling of $1,687 per unit. Bringing rents to that level lifts gross income to roughly $80,976 a year and push
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Room Information
Has Basement: Yes Basement: Other -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Heat Pump Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 1937 Building Area Total: 3216 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 2890
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Listing Price Information
Listing Price: $875000
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Tax Information
Parcel Number: 4050//0016 Tax Lot: 16 Tax Year: 2026 Annual Tax: $7242
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Parking Information
On Street
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Location Information
Direction: Take NY Ave toward Route 50, make a right on 9th Street, NE, the a left on Mount Olivet Road, NE, then a right on Capitol Ave, NE. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2013 I Street, Washington, DC, 20002 | $795,000 | 4 | -- | 2,368 | 0.05 Acre |
| 1835 D Street, Washington, DC, 20002 | $999,999 | 4 | -- | 2,960 | 0.06 Acre |
| 811 18th Street, Washington, DC, 20002 | $310,000 | -- | -- | 1,152 | 0.03 Acre |
| 1733 E Street, Washington, DC, 20002 | $780,000 | 8 | -- | 3,264 | 0.09 Acre |
| 1417 Maryland Avenue, Washington, DC, 20002 | $1,399,000 | 5 | -- | 2,380 | 0.02 Acre |
| 1210 Meigs Place, Washington, DC, 20002 | $1,500,000 | 8 | -- | 2,776 | 0.08 Acre |
| 1633 West Virginia Avenue, Washington, DC, 20002 | $749,950 | 6 | -- | 2,782 | 0.12 Acre |
| 831-833 L Street, Washington, DC, 20002 | $900,000 | 4 | -- | 1,799 | 0.02 Acre |
| 520 Constitution Avenue, Washington, DC, 20002 | $1,950,000 | 6 | -- | 4,014 | 0.03 Acre |
| 1332 North Capitol Street, Washington, DC, 20002 | $999,900 | 6 | -- | 3,306 | 0.04 Acre |
Similar Multifamily To 1724 Capitol Avenue
Nearby For Sale
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ByOwner last updated this listing 10/07/2026 @ 23:15
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