Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 8.9% cap rate, and delivers positive cash flow from day one. This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies. Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient. The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization. Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside.
Beautiful brick townhouse property located in the heart of Woodley Park. Great visibility with steady pedestrian and vehicular traffic....just steps to Connecticut Avenue, Calvert Street Bridge and in close proximity to the National Zoo. Vibrant retail and restaurant corridor with CVS, METRO and numerous boutiques and restaurants in the surrounding area. Public parking lot just across the street, plus metered parking out front. Property is offered "as is".
OUTSTANDING OPPORTUNITY Awaits! Handsome brick semi-detached building sits on the sunny side, with a HUGE LOT! Currently configured as two unit flats (1 up + 1 down), with front and side entrances. Most recently, office on the ground and 1BR apartment above. FUTURE OPTIONS ABOUND: Pounce on a well-placed perch for your business HQ and/or in-town apartment, or EXPAND: Development standards allow at least 50 feet of height (2 more storeys) and more than 5000 gross square feet of space, PLUS easy parking for 3-6 vehicles! See 4 doors down at 1020 Florida - same sized lot with maximum development of 10 luxury residences! Let your imagination run wild, and Call listing agent Joel with any questions whatsoever!
"THE OPPORTUNITY 426 Condon Terrace SE presents a well-located four-unit multifamily opportunity in the Washington Highlands neighborhood of Southeast DC. The building includes three 2BR/1BA units and one 4BR/1BA unit. With 50% current occupancy and strong location fundamentals, the property is well-suited for both investors seeking value-add potential and owner-occupants looking to reduce housing costs through rental income. Current occupied units are generating in-place rents of $700 (2BR) and $1,000 (4BR), with upside through lease-up and rent repositioning. RENT CONTROL EXEMPT As a four-unit property, 426 Condon Terrace SE qualifies for DC’s rent control exemption for first-time multifamily owners. This designation allows future owners to implement market-based rent increases, giving them greater flexibility in income strategy over time compared to larger, regulated assets. IDEAL FOR OWNER-OCCUPANT With two of the four units currently vacant, this property presents a prime opportunity for an owner-occupant to live on-site while collecting income from the remaining units. This structure allows for reduced monthly housing expenses while building equity in a supply-constrained DC submarket. FUNCTIONAL UNIT MIX WITH RENTAL UPSIDE The unit mix consists of three two-bedroom units and one four-bedroom unit, providing a balance of family-sized layouts and more affordable options for smaller households. The vacant units offer clear upside through light renovations and market-rate leasing, with nearby comps supporting higher rent potential. SURROUNDED BY COMMUNITY AMENITIES The property is located next to the Washington Highlands Recreation Center and is just a two-minute walk to Hendley Elementary School and Oxon Run Park. This level of walkable access to public amenities increases renter appeal, particularly among families and long-term tenants. ACCESSIBLE VIA MULTIPLE BUS ROUTES 426 Condon Terrace SE is located directly on the C13 Metrobus line, with additional access a short walk away to the C15 line. These routes provide connectivity to Potomac Ave and Anacostia Metro stations, as well as key destinations throughout Southeast DC, making the location convenient for commuters without a car."
THE OPPORTUNITY 411 Atlantic Street SE offers a stabilized six-unit multifamily investment opportunity in the Congress Heights neighborhood of Southeast Washington, DC. The building consists of six 2BR/1BA units, all currently 100% occupied, with an average in-place rent of $1,286. The asset presents immediate in-place cash flow with long-term upside through future rent growth and operational improvements. STABILIZED INCOME WITH BELOW-MARKET RENTS With full occupancy and steady rental income, this property provides immediate yield for investors. Current rents are below market for comparable two-bedroom units in the area, creating a long-term opportunity for increased revenue through gradual rent adjustments and modest unit upgrades over time. SPACIOUS TWO-BEDROOM LAYOUTS Each unit features a 2BR/1BA layout, ideal for tenants seeking affordable two-bedroom housing within the District. The unit mix supports a broad tenant demographic including families, couples, and shared renters, reducing turnover risk and enhancing leasing stability. STRATEGIC CONGRESS HEIGHTS LOCATION Situated in one of Southeast DC’s most active redevelopment corridors, the property benefits from proximity to the Congress Heights and Southern Ave Metro Stations, as well as key commuter routes such as South Capitol Street and Suitland Parkway. It sits adjacent to the C13 and C15 Metrobus lines, which provide direct access north to the Potomac Ave and Anacostia Metro stations, and south to the Washington Highlands and Glassmanor areas. This strong public transit access enhances renter appeal and positions the property for continued occupancy and long-term value appreciation.
THE OPPORTUNITY 104 Atlantic Street SE presents a compelling opportunity to acquire a six-unit multifamily asset in the growing Congress Heights submarket of Southeast Washington, DC. The property consists of six 1BR/1BA units, with 50% current occupancy and an average in-place rent of $1,369. With strategic lease-up and light renovation, investors can unlock immediate value and long-term rent growth in a supply-constrained, workforce housing corridor. UPSIDE THROUGH LEASE-UP AND LIGHT VALUE-ADD With three units currently vacant, the property offers clear upside through unit turnarounds and operational stabilization. The existing rents are below market for the area, creating an opportunity to capture rental premiums through basic improvements and market-rate leasing. EFFICIENT, RENTABLE FLOORPLANS Each of the six units features a 1BR/1BA layout, ideal for young professionals, seniors, or singles seeking affordability within city limits. Smaller units keep turnover and maintenance costs lower, while offering solid cash flow potential in a high-demand rental bracket. CONNECTED CONGRESS HEIGHTS LOCATION Located near South Capitol Street and the Suitland Parkway, the property offers strong commuter connectivity via public transit. It sits directly adjacent to the C17 Metrobus line, which provides direct service to Downtown Anacostia and the Anacostia Metro Station. It is also walkable to the C11 line, offering service through Congress Heights, Navy Yard, and Downtown DC, with a final stop at L’Enfant Plaza, and southbound access extending to National Harbor. This level of transit access enhances the property's appeal to renters seeking affordable housing with convenient connections to major employment and entertainment centers across the District and Prince George’s County.
"THE OPPORTUNITY 27 Galveston Place SW presents a fully occupied five-unit multifamily property in the Bellevue neighborhood of Southwest Washington, DC. The building includes four 2BR/1BA units and one 4BR/2BA unit, with an average in-place rent of $1,663. The property offers strong day-one cash flow with further upside in a rapidly transitioning submarket. DIVERSE UNIT MIX WITH STRONG TENANT DEMAND The unit mix includes a rare 4BR/2BA layout alongside four traditional 2BR/1BA units, appealing to a wide range of renters—from families seeking larger living space to individuals and roommates seeking affordability in the city. The fully leased status and consistent rental demand make this a stable investment in a high-demand rental corridor. IN-PLACE CASH FLOW WITH RENTAL UPSIDE With 100% occupancy and reliable income in place, this asset offers immediate yield. Current rents remain below market for the area, allowing room for future rent growth through targeted unit updates and improved property management over time. ESTABLISHED, RESILIENT LOCATION Located in the Bellevue submarket, just west of Congress Heights, the property sits within a growing residential community with long-term tenants and new development nearby. It offers easy access to major roadways including South Capitol Street and I-295, positioning the property well for long-term value appreciation. CONNECTED THROUGH MULTIPLE METROBUS LINES The property is adjacent to the C11, C17, and C27 Metrobus lines, offering direct transit service north to the Anacostia and Potomac Ave Metro stations and south to National Harbor and Washington Highlands. These routes provide residents with efficient access to major employment, retail, and entertainment hubs across the District and Prince George’s County, further strengthening its rental appeal."
Window Unit(s); Cooling Fuel(Deleted): Electric; Heating: Central, Radiator, Steam; Heating Fuel: Natural Gas; Hot Water(off): Natural Gas; Water Source: Public; Sewer: Public Sewer. ( Condo conversions ) MIXUSE ZONE MU4 Additional AS-IS Provisions ALL Clauses pertaining to delivery of property free and clear of trash and debris and broom clear DELETED ALL Clauses pertaining to Termites and wood destroying insect DELETED ALL Clauses pretaining to well and/septic system DELETED OWNERS FINANCING WITH 30% DOWN-PAYMENT !!!
The subject property is a 3 tenant strip center located at the DC border. The two vacant units include a former barber shop and a vacant 1- BR apartment above the barber shop. Both require renovation before occupancy. The third unit is an operating liquor store with storage beneath. The liquor store operates on a month to month lease, but the owner of the store is open to a rent increase and lease extension
Prestigious Dupont Circle Office Condo with Private Patio, Concierge & Rooftop Amenities Establish your business in one of Washington, DC's most sought-after commercial districts. This fully renovated office condominium offers an exceptional blend of functionality, convenience, and professional appeal in the heart of Dupont Circle. The thoughtfully designed floor plan features: three private offices, a welcoming reception or collaborative workspace, a full kitchen, private restroom, dedicated storage space, and a private walkout patio, creating an ideal environment for both employees and clients. The building also offers: concierge service and access to a rooftop pool, providing a unique amenity package rarely found in commercial office condominiums. Perfectly suited for a variety of professional uses, including medical or wellness practices, law firms, accounting and financial services, consulting firms, real estate brokerages, executive suites, marketing agencies, creative studios, counseling practices, and boutique salon or beauty services (subject to zoning and condominium association approval). Located just steps from Dupont Circle, this premier location offers unparalleled access to the Dupont Circle Metro Station, Embassy Row, Connecticut Avenue, Massachusetts Avenue, downtown Washington, DC, and the Central Business District. Clients and employees will enjoy an abundance of nearby restaurants, cafés, hotels, fitness centers, banks, retail shops, and neighborhood conveniences, making this an ideal location for businesses seeking both prestige and accessibility. Whether you're expanding your business, establishing a flagship office, or investing in one of Washington's premier commercial corridors, this exceptional office condominium offers the location, flexibility, and professional presence to help your business thrive.
Prime Development Opportunity with Flexible Use In A High Growth Corridor.Unleash the Full Potential Prime Mixed Use Development Site on HighTraffic Georgia Ave NW. 3532 Georgia Avenue NW represents a rare opportunity to acquire an underdeveloped parcel in the high growth Park View/Columbia Heights corridor of Northwest D.C. Positioned along one of the city's most vibrant commercial arteries the property is offered as a clean slate redevelopment opportunity under favorable Neighborhood Mixed Use NMU zoning. The immediate potential lies in maximizing the permitted Floor Area Ratio FAR for a vertically integrated project featuring ground floor retail/restaurant space and multilevel residential units.The asking price of $1500000 is positioned for an experienced developer who can execute the highest and best use a modern multistory mixed use building that will capitalize on the neighborhood's accelerating residential demand and proximity to the Georgia Avenue Petworth Metro Station.
Prominently positioned along Connecticut Avenue in the heart of Van Ness, this exceptional mixed-use property presents a rare opportunity to own a distinctive building combining timeless architectural character with strong income-producing potential. The property features three beautifully restored and maintained residential apartments and an established medical office, creating an ideal opportunity for both investors and owner-occupants. The residential units showcase original woodwork, transom windows, gleaming hardwood floors, abundant natural light, and tastefully updated kitchens and bathrooms, blending historic charm with modern convenience. Newer windows and updated, separately controlled HVAC systems further enhance tenant comfort and long-term value. One residential apartment has been intentionally left vacant to provide maximum flexibility for the next owner—whether choosing to occupy the unit while enjoying income from the remaining apartments and commercial office, or leasing the apartment at current market rates to maximize investment returns. The established medical office is thoughtfully configured with five exam rooms, a welcoming reception area, and a private office, making it ideal for a variety of healthcare or professional uses. Positioned on a prominent corner with outstanding curb appeal, the property offers exceptional visibility and signage potential along Connecticut Avenue while maintaining an attractive residential presence. A rear parking area accommodates approximately five tandem parking spaces, providing valuable off-street parking in this highly sought-after neighborhood. Ideally located just one block from the Van Ness–UDC Metro (Red Line), the property is surrounded by neighborhood conveniences, including grocery stores, cafés, restaurants, fitness centers, pharmacies, and neighborhood retail. Nestled alongside Rock Creek Park and surrounded by many of Washington’s distinguished embassies and educational institutions, the property enjoys an exceptional location that continues to attract both residential and professional tenants. Offering multiple income streams, exceptional visibility, timeless architectural appeal, and an irreplaceable Connecticut Avenue location, this is a premier investment opportunity in one of Northwest Washington’s most established and desirable mixed-use corridors.
Welcome to an exceptional opportunity to own a premier commercial property featuring a thriving restaurant in a bustling location. Situated in the heart of H Street Corridor, this property boasts high visibility, heavy foot traffic, and excellent accessibility, making it an ideal investment for seasoned restaurateurs or savvy investors seeking a turnkey business opportunity. The building owner has operated a booming British pub style restaurant and bar, the Queen Vic since 2011. The property, which spans over 2000 sqft over two levels, comes fully equipped with a commercial kitchen with type-2 venting, two large bar areas, two large seating areas, and two outdoor spaces. At $55/ft NNN for this turn-key restaurant, this property would have a cap rate of 7. Do not miss this incredible investment opportunity!
1512 Marion Barry Avenue SE is located in the Historic Anacostia neighborhood of Southeast Washington, DC, along the Marion Barry Avenue commercial corridor with approximately 12,000 vehicles per day of frontage visibility. The property offers convenient access to I-295, Suitland Parkway, Martin Luther King Jr. Avenue SE, South Capitol Street, and Downtown Washington, DC. Minutes from the Anacostia Metro Station, Capitol Hill, Navy Yard, and St. Elizabeths East, the location provides excellent regional connectivity throughout Washington, DC, Northern Virginia, and Prince George's County, Maryland. Acquire this 2,416 SF two-story commercial building on a 3,170 SF lot in Historic Anacostia. Zoned MU-4 (Mixed Use), the property offers flexibility for office, retail, medical, nonprofit, educational, residential, and mixed-use uses. An excellent opportunity for an owner-user, investor, or developer seeking a well-located asset in Southeast Washington, DC.
Exceptional Mixed-Use Investment Opportunity – 8 Residential Condominiums + Commercial Space Presenting a rare opportunity to acquire an entire mixed-use condominium property consisting of 8 fully renovated residential condominium units and a substantial commercial space, offered together as a single package sale. The residential portion of the property features eight updated condominium units, including two impressive penthouse-level duplex residences with private outdoor patio spaces. The remaining six residences offer a variety of floor plans and bedroom configurations, providing flexibility for rental, resale, or owner-occupancy strategies. Each residential unit has been thoughtfully renovated and modernized, creating turnkey appeal for investors and future occupants alike. Complementing the residential component is a sizeable commercial condominium space that remains in shell condition, providing a unique opportunity for a buyer to customize and build out the space to meet their specific business, retail, office, or investment objectives. Additional highlights include: •
Washington is located in District of Columbia. Washington, District of Columbia has a population of 683,154. Washington is less family-centric than the surrounding county with 24.14% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington is 34.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.
