1724 CAPITOL AVENUE NE
Washington, DC 20002
Price Upon Request
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 pushes the cap rate to approximately 7.3%, a documented upside path since three of the four tenancies are DC housing voucher-backed and increases run through the housing authority's established rent reasonableness process, meaning a substantial share of income is government-backed and stable.
Full financial package, rent roll, and maintenance history available upon request. Also well suited to an owner-occupant buyer using this as a house hack, live in one unit and let the other three help carry the mortgage. Won't last at this basis.
Listing Courtesy of: Compass
240-479-9124
| Listing Id: | DCDC2282412 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 3,216 |
| Tax Annual Amount: | $7,242 |
| Lot Size Square Feet: | 2,890.0 |
| Lot Size Acres: | 0.07 |
| Architectural Style: | Other |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20002 |
| Year Built: | 1937 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| One Bedroom Units: | 4 |
| Mls List Date: | 2026-09-09 |
| State Or Province: | DC |
| Postal Code Plus4: | 2222 |
| Legal Subdivision: | Brentwood |
| Possession: | Immediate |
| Directions: | 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. |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 3,216 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area Source: | Assessor |
| Basement: | Other |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | Central A/C |
| Construction Materials: | Brick |
| Foundation Details: | Slab |
| Accessibility Features: | Other |
| Heating: | Heat Pump(s) |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Assessor |
| Living Area Source: | Assessor |
| Other Structures: | Above Grade, Below Grade |
| Year Built Source: | Assessor |
| Basement Yn: | Yes |
| Below Grade Unfinished Area Source: | Assessor |
| Below Grade Unfinished Area Units: | Square Feet |
| Cooling Fuel: | Electric |
| Heating Fuel: | Natural Gas |
| Hot Water: | Natural Gas |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1 |
| Type: | Interior Row/Townhouse |
| Central Air Yn: | Yes |
| Type Of Parking: | On Street |
| Source Of Measure Bg: | Assessor |
| Area Total: | 3,216 |
| Source Of Measure: | Assessor |
| Assessment Year: | 2026 |
| In City Limits Yn: | Yes |
| City Town Tax: | $7,242.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Tax Assessment Amount: | $840,900.00 |
| Tax Total Finished Sq Ft: | 3,216 |
| Tax Year: | 2026 |
| Zoning: | RF-1 |
| Listing Tax: | 4050//0016 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Assessor |
| Lot Size Units: | Square Feet |
| Number Of Units Leased: | 4 |
| Pool Types: | No Pool |
| Soil Types: | Urban Land-Cristiana-Sunnysider |
| Total Actual Rent: | $66,516 |
| Sewer: | Public Sewer |
| Water Source: | Public |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 26, 2026 11:24 PM - ET
