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1724 Capitol NE, Washington, DC 20002
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1724 Capitol NE, Washington, DC 20002
1724 Capitol NE, Washington, DC 20002
1724 Capitol NE, Washington, DC 20002
1724 Capitol NE, Washington, DC 20002
1724 Capitol NE, Washington, DC 20002
1724 Capitol NE, Washington, DC 20002

1724 Capitol NE Washington, DC 20002

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$875,000

ACTIVE
Beds
Baths
Sqft
3,216
Acres
0.07
Year
1937
Days on Site
1 Hour
Property Type
Multi-Family
Sub Type
Quadruplex
Per Square Foot
$272
Date Listed
Sep 9, 2026

Description of 1724 Capitol NE, Washington, DC 20002

Listing details for 1724 Capitol NE, Washington, DC 20002 : 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.
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Listing Updated : 09-09-2026 at 11:29 AM EDT
Listing Provided By : Luis A Vivas, 2404799124, [email protected], Compass
Source :

Bright MLS, MLS#: DCDC2282412

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For more information on this listing contact us at (202) 441-2348

Property History

DateEventPrice
9/9/2026
Listed for sale
$875,000
$272/sqft
Source:Bright MLS #DCDC2282412
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