$850,000
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4230 6th Street SE Washington, DC 20032
Multi-Family
Residence
Beds
Baths
...
Bed/Bath
3,236
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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4230 6th St SE – Turnkey 5-Unit Multifamily 7.7% Cap Rate Investor-ready opportunity in Congress Heights, DC. This fully renovated 5-unit building delivers immediate income with minimal maintenance and strong upside potential. ?? Financial Highlights NOI: $79,848 (Pro Forma 2025) Cap Rate: 9....4% at $850,000 ask Gross Income: $96,000 annually Unit Mix: 5 × 2BR/1BA ( 625 SF each) Avg Rent: $1,600/month per unit DSCR: 1.31 (25-yr amortization at 3.25%) Stabilized Value: $1.14M (5.75% cap) ?? Unit Details Floorplans: Each unit offers 2 spacious bedrooms, 1 full bath, and approx. 625 SF of living space. Kitchens: Galley-style layouts with new stainless steel appliances, modern cabinetry, and updated countertops. Living Areas: Bright, open layouts with LVP flooring, large windows, and 9’ ceilings. Bathrooms: Renovated with contemporary tile, updated fixtures, and vanities. In-Unit Laundry: Each unit includes full-size washer/dryer. HVAC: Central heating & cooling in every apartment. ??? Property Highlights Built in 1953 Fully renovated in 2022 Brick construction Flat built-up roof Low operating expenses ( $27K annually) Walkout basement foundation ?? Location Benefits Prime Congress Heights corridor near Metro Green Line, I-295/I-495, St. Elizabeths Campus, and the Entertainment & Sports Arena. Tenants benefit from proximity to transit, retail, schools, hospitals, and parks. Strong demand and continued growth from neighborhood revitalization. ?? Investor Incentive Seller will pay both sides of transfer & recordation taxes with ratified contract closing in 30 days. ?? Ideal for 1031 exchange buyers, cash-flow investors, or out-of-state landlords seeking turnkey multifamily assets in DC.
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MLS#
DCDC2216376
Property Type
Multi-Family
Year Built
1953
Square Feet
3,236
sq. ft
Price per Sq. Ft.
$262.67
Lot Size
0.15
Sewer
Public Septic System, Sewer Available
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