Spicer Real Estate
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$875,000
Active Active
DC,Washington

Location 1724 CAPITOL AVENUE, Washington, DC 20002

  • Sqft 3,216 Sqft SQFT
  • Bed 4
  • Bath 4
Basic Details Basic Details
Description

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 ...

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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Basic Details
  • Property Type: Residential
  • Listing Type: Active
  • Listing ID: DCDC2282352
  • Price: $875,000
  • Bedrooms: 4
  • Bathrooms: 4
  • Sqft: 3,216 Sqft
  • Year Built: 1937
  • Lot Area: 0.07 Acre
  • Location: US, DC, WASHINGTON-DC, Washington, BRENTWOOD, 20002
  • Structure Type: Interior Row/Townhouse
  • Heating System: Heat Pump(s)
  • Cooling System: Central A/C
  • Full Bathrooms: 4
  • Listing Status: Active
Features & Appliances
Features
  • Architectural Style: Other
  • Sewer: Public Sewer
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Address Map Address Map
MLS Addon MLS Addon
  • Office Name: Compass
  • Agent Name: Luis A Vivas
Additional Information Additional Information
  • Water Source: Public
  • Accessibility Features: Other
  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Levels: 2
  • On Market Date: 2026-09-08
Financial Financial
  • Tax Annual Amount: 7241.92
Listing Information Listing Information
  • Originating System Name: Bright
  • List Agent Mls Id: 104400
  • List Office Mls Id: COMPS1
  • MLS Status: ACTIVE-BRIGHT
  • Modification Timestamp: 2026-09-09T14:15:44Z
  • Status Change Timestamp: 2026-09-08T04:00:00Z
Rob Spicer Broker, GRI Rob Spicer Broker, GRI Spicer Real Estate

7201 Wisconsin Avenue

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