Well-maintained 4-unit investment property ideally located just one-half block from the U Street Metro, one block from Trader Joe's on 14th Street, and three-and-a-half blocks from Logan Circle Park. The building consists of three two-bedroom, one-bathroom units and one studio apartment. The property includes tandem surface parking for two vehicles in the rear and benefits from long-term tenant occupancy, providing immediate and stable rental income. Meticulously maintained and held by the same owner for the past 25 years, this is a rare opportunity to acquire a proven income-producing asset in a premier urban location with strong rental demand and exceptional walkability.
9- Unit Building Opportunity! Seize this rare chance to own an established income-producing asset in one of Northeast DC's most accessible neighborhoods. This 9-unit, 3-story multifamily building offers 6,777 square feet of residential space on an oversized lot, ideally positioned for both seasoned investors and those looking to expand their portfolio in the DC market. With 9 units across three floors, the building provides strong diversification of rental income with manageable overhead. Located in the heart of Deanwood, residents enjoy walkable access to the **Deanwood Metro Station (Orange Line)**, making this a perennially attractive rental address for DC commuters. Quick access to US-50 and I-295 further enhances connectivity to Capitol Hill, Downtown, and the Maryland suburbs. Nearby amenities include Kenilworth Park & Aquatic Gardens, local retail, and community recreation centers that anchor this established residential neighborhood. Sold as-is. Proof of funds required prior to showing. Do not disturb tenants.*
Prime Glover Park fourplex offering a rare combination of turnkey income, long-term stability, and future redevelopment potential in one of Northwest DC’s most desirable residential corridors. This fully updated 4-unit building features four spacious 1-bedroom residences, each modernized with renovated kitchens, refreshed baths, hardwood floors, upgraded systems, and efficient layouts that maximize rentability. The property has been exceptionally maintained, delivering investors a low-maintenance asset from day one. Situated on a 5,274 sq ft corner lot, the site offers excellent long-term upside for buyers exploring expansion, reconfiguration, or redevelopment under favorable zoning characteristics (buyer to verify). Strong rental demand, walkability, and proximity to Wisconsin Ave, Stoddert Elementary, parks, retail, and transit make this an ideal hold for both seasoned investors and owner-occupants seeking income support. A rare opportunity to secure a stabilized, well-kept multifamily asset in a supply-constrained neighborhood with meaningful future potential. Sale is subject to a 1031 Tax Exchange.
This beautiful well-maintained multi-family property makes a great investment to add to your portfolio or can be converted back into a spacious single-family home. This property welcomes you into an elegant Victorian style vestibule with front doors to both units. The property is currently producing income as a two (2) unit rental with long time renters. The main and lower levels consist of unit A. When entering into the main level you are greeted with large bay windows in a spacious living room that leads you to the kitchen. There is also a separate dining room area and powder room on this level. The lower level has a primary bedroom with an ensuite and its own separate entrance into the unit, two (2) additional bedrooms and one (1) full hallway bathroom. The washer and dryer are on this level as well. The two (2) upper levels consist of unit B. This unit has its own entrance and leads you to the kitchen, powder room, den, and a spacious living/dining room combo. The upper level has a primary bedroom with a spa style ensuite bathroom which includes a stand-alone shower and a tub/shower combo along with a walk-in closet. The other bedroom has an ensuite bathroom and is drenched with natural light. Both bathrooms have skylights that provides additional natural lighting. The two (2) units have identical kitchens with granite countertops, dark wood shaker style cabinets and stainless stain appliances. This property received a total renovation in 2015. Unit A had a dehumidifier install in 2025. There is a two (2) car parking space in the rear of the property for off street parking. The property is conveniently located to shops, highways and public transportation. The owner has taken pride in maintaining the property and has all the bells & whistles for an investment property.
Just Listed * * * OPEN HOUSE SUNDAY, MAY 17 FROM 2-4 p.m. * * * Exceptional Bloomingdale investment opportunity offering immediate rental income, flexible living options, and long term upside in one of DC’s most desirable neighborhoods. This renovated rowhome is currently configured as two separate living spaces, each with its own private entrance and full kitchen. High ceilings with large windows and an open floor plan breathe life into the upper residence, which spans two levels with 3 bedrooms and 2.5 baths. Featuring an open modern layout, amazing natural light, stylish finishes, exposed brick accents, tray walls, and recessed lighting in a spacious living space, along with a private deck and parking pad. Large Master Bedroom includes a gorgeous master bathroom, walk-in closet and additional storage. The fabulous kitchen features modern smart appliances, including a refrigerator with tablet, quartz countertops, and a waterfall island. The lower level residence offers 1 bedroom and 1 bath with a full kitchen and independent access, ideal for rental income, guests, au pair, or multigenerational living. The property is currently tenant-occupied with strong income in place. For future owner occupants, the layout offers rare flexibility to live in one unit and rent the other, maintain both as income-producing rentals, or later reconnect the interior staircase and enjoy the home as one expansive residence. The two units are connected internally by a staircase with a locked door, allowing for separation now while preserving the ability to combine the home in the future. Each unit has its own private entrance, enhancing both privacy and rental appeal. Ideally located in Bloomingdale with close proximity to Shaw, NoMa, and Eckington, as well as Howard University, popular restaurants, cafes, parks, and everyday conveniences. Approximately 0.7 miles to Shaw Howard University Metro, offering easy access throughout the city. This is a rare opportunity to secure a versatile, income-producing property in a prime DC location with strong appreciation potential. We would love to give you a private tour!
Built in 1908 and located within the Capitol Hill Historic District, this classic brick row property offers three separately configured units and exceptional flexibility for investors, owner-occupants, or those seeking a live-in investment opportunity. The building is currently owner-occupied, providing flexibility for an owner-occupant, investor, or multi-generational living arrangement. The units are separately metered for electricity, offering convenience for future management and operations. Ideally situated in the heart of Capitol Hill, the property enjoys easy access to Eastern Market, the Eastern Market Metro Station, Lincoln Park, and the U.S. Capitol. Residents will appreciate being in the center of one of Washington's most vibrant and historic neighborhoods, known for its charming streetscapes, local businesses, the weekend farmers market, and enduring appeal. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a multi-unit property in one of Washington's premier neighborhoods, this Capitol Hill triplex presents a compelling opportunity.
Walk, don't run to this VACANT. MOVE-IN READY. INCOME-PRODUCING POTENTIAL IN THE HEART OF DC! Welcome to 604 17th Street NE, Washington, DC—a rare opportunity to acquire a fully vacant duplex in one of the District's fastest-growing and most transformative neighborhoods. Whether you're an investor seeking immediate cash flow, an owner-occupant looking to offset your mortgage, or a savvy house hacker ready to build wealth through real estate, this property delivers flexibility and upside from day one. Previously generating between $5,800–$6,200 per month in rental income, this turnkey multifamily asset offers the unique advantage of being delivered completely vacant—allowing the next owner to maximize rents, select tenants, or occupy a unit without delay. Location is everything, and this property places you at the center of it all: Just steps from the vibrant H Street Corridor, known for its thriving restaurant, nightlife, retail, and entertainment scene Minutes from Hechinger Mall and everyday conveniences Near the transformative RFK Stadium Redevelopment Project, one of DC's most anticipated economic development initiatives Convenient access to the H Street Corridor, Union Station, Metro, Capitol Hill, Downtown DC, and major commuter routes As billions of dollars continue to be invested throughout the surrounding area, opportunities like this are becoming increasingly scarce. Secure a versatile, income-generating asset today and position yourself at the forefront of Northeast DC's continued growth and revitalization. 604 17th St NE isn't just a duplex—it's a strategic investment in the future of Washington, DC.
Welcome to 1508 10th Street NW, a beautifully renovated duplex in the heart of Washington, DC's highly sought-after Logan Circle neighborhood. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this property offers a rare opportunity in one of the city's most desirable locations. The bottom unit features 2 bedrooms, 1 full bathroom, while the top unit offers 3 bedrooms, 2 full baths, Each with its own kitchen and water meter, offering ideal flexibility for rental income or multi-generational living. The property has previously generated approximately $6,500 per month in rental income, making it an attractive turnkey investment. In addition, the seller has invested significant time and money into professionally prepared plans for a rear Accessory Dwelling Unit (ADU), creating the potential for an additional income-producing unit. These plans can be provided to the new owner, offering a valuable head start on future expansion. Located just steps from Logan Circle, residents enjoy easy access to some of Washington's best restaurants, coffee shops, nightlife, boutiques, and entertainment venues. The neighborhood is known for its historic charm, vibrant atmosphere, walkability, and proximity to downtown DC, Shaw, the Convention Center, and multiple Metro stations. With a Walk Score among the highest in the city, daily errands, dining, and entertainment are all within reach. Logan Circle consistently remains one of DC's most desirable neighborhoods due to its blend of historic architecture, urban convenience, and strong long-term property appreciation.
Rare opportunity to acquire a nearly vacant 6-unit multifamily building totaling approximately 5,854 square feet in Southeast Washington, DC. The existing unit mix consists of three 1-bedroom units and three 2-bedroom units with hardwood flooring throughout much of the building. With only one occupied unit, the property offers investors exceptional operational flexibility and immediate value-add potential. Zoned RA-1, the property presents multiple repositioning opportunities, including potential reconfiguration of existing unit layouts, subject to buyer verification and required approvals. At nearly 5,854 square feet, the building offers substantially more scale than many multifamily assets currently available in Southeast Washington. Located adjacent to the Hillcrest Children and Family Center and near established community institutions, the property benefits from strong workforce housing demand and long-term residential stability. The approximately 4,600-square-foot lot also offers potential for future off-street parking improvements. Recent multifamily transactions in the surrounding area demonstrate continued investor demand for value-add opportunities. As a point of reference, a smaller four-unit multifamily property located at 815 Malcolm X Avenue SE containing approximately 3,024 square feet recently sold for $720,000. With six units, approximately 5,854 square feet, RA-1 zoning, and near-vacant delivery, 356 Raleigh Street SE offers significantly greater scale and multiple pathways for future value creation. Ideal for investors, developers, workforce housing operators, and long-term multifamily owners seeking a repositioning opportunity within Washington, DC.
Hurry! Don’t miss this exceptional opportunity to own a 4-unit multifamily Townhouse with tremendous potential in Northeast Washington, DC. Each apartment features a private laundry area, one bedroom, a full bathroom, a kitchen/dining area, and a den with potential for additional expansion or flexible use. This property offers excellent possibilities for reconfiguration, renovation, or value-add improvements, making it ideal for investors or owner-occupants seeking income-generating potential. Three units are vacant and available for viewing, while one unit is currently occupied. Sold strictly "As Is" Conveniently located in Northeast DC, this property is exempt from the TOPA regulations. A rare investment opportunity with strong upside potential—schedule your showing today!
Momentum is building east of the river, and opportunities like this are where smart investors get ahead of it. This classic mid-century brick duplex presents a clear path to value creation in one of Washington’s most actively transforming corridors. Built in 1950 with solid masonry construction, the structure offers the kind of durable foundation developers look for when planning their next project. With RA-2 zoning and no historic restrictions, the property gives buyers flexibility to reimagine the existing footprint into modern residences designed for today’s rental or resale market. What makes this opportunity especially compelling is the scale of investment reshaping the surrounding area. Just blocks away, the planned RFK redevelopment anchored by the future Washington Commanders stadium is expected to bring thousands of new residences, retail, hospitality, and jobs to the neighborhood. Nearby, the 11th Street Bridge Park and continued expansion of the Anacostia Waterfront Initiative continue to draw attention, infrastructure, and long-term growth to this section of the city. For investors thinking strategically, this property offers multiple paths forward. Maintain it as a duplex and renovate for strong rental demand. Reconfigure the layout to maximize unit count within zoning. Hold as a land play as development momentum continues to accelerate. Few opportunities allow you to enter a growth story this early while maintaining control over execution strategy. For those who understand timing, positioning, and the power of buying ahead of transformation, this is where the next chapter begins. Nearby amenities: Anacostia Metro Station – approx. 0.7 miles 11th Street Bridge Park site – approx. 1.1 miles Nationals Park – approx. 2.7 miles Navy Yard dining district – approx. 2.5 miles The Wharf – approx. 3.5 miles Downtown Washington, DC – approx. 3.8 miles
Some opportunities require vision. Others require timing. The rarest opportunities offer both, with nothing left standing between acquisition and execution. Introducing The Eastlight, a 10-unit boutique condominium development opportunity positioned just off the H Street Corridor, one of Washington’s most active growth corridors where residential demand, retail expansion, and long-term neighborhood investment continue to converge. This is not a concept or a pursuit. This is a fully realized development opportunity where the hard work has already been completed. Zoning is secured. Architectural plans are complete. Construction permits are approved. The path forward is clear for a developer who understands the value of momentum. Designed by respected DC firm 2Plys Architecture, the building balances efficiency and market appeal with a unit mix proven to perform in this submarket. The program includes two three-bedroom penthouse residences, six two-bedroom homes designed for end-user demand, and two one-bedroom residences ideal for attainable price points. Two on-site parking spaces further strengthen resale positioning. With approximately 7,414 square feet of gross building area and 5,862 square feet of sellable residential space, the project is sized for execution without institutional complexity while still offering meaningful revenue potential. Estimated construction costs between $1.2M and $1.5M position the project for strong margins based on projected sellout values between $3.4M and $3.9M. Projects at this stage rarely trade. The entitlement process in Washington can take a year or more. Here, that timeline has already been absorbed. The next owner steps into a position of readiness, not risk. The Eastlight represents what experienced developers seek most: certainty, speed, and location strength. For the right buyer, this is not just another project. This is a chance to control a fully prepared development in a neighborhood still writing its growth story. (2) Expansive three-bedroom penthouses across the top two levels (6) Intelligently sized two-bedroom units (2) Boutique one-bedroom flats (2) On-site parking spaces Total gross area: 7,414 SF Net living: 5,862 SF Nearby amenities and development drivers: H Street Corridor dining & nightlife, 0.3 miles Whole Foods Market, 0.6 miles Union Market District, 1.2 miles Union Station transportation hub, 1.4 miles Gallaudet University, 0.8 miles Streetcar access along H Street, 0.3 miles
ABSOLUTE ONLINE REAL ESTATE AUCTION TO THE HIGHEST BIDDER OVER $400,000!! Online Bidding Opens - Monday, July 13, 2026. Online Bidding Closes - Tuesday, July 14, 2026 at 11:00 AM List price is opening bid only. Two story townhome-style building arranged for three apartment units located in the heavily sought-after Petworth neighborhood of Northwest Washington DC. The building is arranged for two 2 bedroom and 1 bath units and one 1 bedroom and 1 bath unit. The building presents a value-add investment opportunity requiring renovation and updates, offering investors the ability to reposition the asset and capitalize on the area’s strong rental demands. One non-paying tenant currently occupies the top floor unit. The remaining units will be delivered vacant at settlement.
Building has CoO and is fully boarded up. Access only for serious buyers.
3-unit multifamily offering consistent 1BR/1BA layouts. The property features a fenced rear yard, a private rear carport, and an installed surveillance system for added security. Two units are currently Vacant; one unit is owner-occupied. Ready for an owner-occupant or investor. Interior finishes are functional, with some cosmetic updates that may further enhance rental appeal. Located in a rapidly developing Ward 8 corridor with convenient access to Metro, major commuter routes, and neighborhood amenities. This triplex provides a solid foundation for long-term & or STR rental strategies, including traditional leasing or program-friendly operations. All information reflects current conditions; no future performance is represented or guaranteed.
Rare Opportunity: When Home Ownership and Investment Opportunity Collide! Beautifully renovated 2-unit building with each home separately metered. Both units offer 2-bedroom, 2-bath living spaces and have been meticulously restored from top to bottom. Each level features designer finishes including recessed lighting, gleaming wood floors, granite counters, and ceramic baths. Perfect for the savvy investor: live in one unit and rent the other or rent both units. Located in trendy Trinidad, close to scores of restaurants, bars and coffee shops...not to mention being one of the most walkable neighborhoods in Washington.
Live where the city comes alive. Just blocks from Union Station and the culinary energy of Union Market, this beautifully converted two-unit building is as much a home as it is an investment. The main-level residence is thoughtfully designed with two bedrooms, two full baths, refinished hardwood floors, and a sun-drenched living space anchored by large south-facing windows. The owner's kitchen is a standout — designer finishes, a striking tile backsplash, and a full wall of exposed brick set the tone. Step outside to a screened-in rear porch and patio, perfect for slow mornings or easy entertaining. Upstairs, the income-producing apartment mirrors the quality, adding a private terrace to its own two-bedroom, two-bath layout. Moments from H Street and everything Union Market has to offer, this is connected city living with room to exhale. Listing Office
Exceptional opportunity to own a beautifully maintained multiplex in the heart of Capitol Hill at 1133 D St NE, Washington, DC. This stately property blends classic DC architectural character with modern functionality, featuring spacious sun-filled interiors, high ceilings, large windows, hardwood flooring, and thoughtfully designed living spaces throughout. The home offers multiple well-appointed units with generous bedroom sizes, comfortable living and dining areas, updated kitchens with cabinetry and counter space, and renovated baths with contemporary finishes. Each unit provides privacy, natural light, and functional layouts ideal for both everyday living and rental appeal. The exterior showcases timeless rowhome charm with attractive brick construction and welcoming curb appeal, while the interior maintains warmth and character with original details paired alongside tasteful updates. Ideal for investors seeking strong rental income potential or owner-occupants looking to offset expenses, this property offers exceptional versatility and long-term value in one of Washington, DC’s most desirable neighborhoods. Conveniently located near Union Station, Eastern Market, the H Street Corridor, Metro access, parks, restaurants, shopping, and entertainment, this prime Capitol Hill location ensures continued tenant demand and excellent appreciation potential. A rare opportunity to own a distinctive income-producing property that combines comfortable urban living with outstanding investment upside.
Solid brick 2-unit rowhome in Randle Heights, with a 2BR/1BA unit on the 1st floor and a 2BR/1BA unit on the 2nd floor, offers great flexibility for living in one unit and renting the other or using both for extended family. Each level has its own comfortable 2-bedroom layout with a recently updated floor plan that’s easy to live in and make your own. Each unit has fully independent heating and cooling, plus public water and sewer to keep everyday living simple and efficient. The home sits on a city lot that’s ready to be personalized, with easy on-street parking and quick access to Pennsylvania Ave SE, neighborhood parks, and the growing dining and retail scene in Anacostia. Why rent when you can own a home that helps pay its own way? A welcoming opportunity for an owner who wants their own space in the city while building equity.
Lovely property in historic Anacostia filled with natural light, timeless character, and flexible living space in a well-connected Washington, DC location. The classic brick exterior creates lasting curb appeal and a sense of enduring quality from the moment you arrive, while the private driveway offers the added convenience of off-street parking, a valuable feature for city living. Inside, the living spaces feel bright and inviting, creating a comfortable environment for both everyday living and relaxed time at home. The basement adds valuable flexibility and can easily adapt to a variety of needs including additional living space, recreation, storage, hobbies, fitness, or a work-from-home setup. The location offers convenient access to major commuter routes, public transportation, Capitol Hill, Navy Yard, downtown DC, and other key destinations throughout the city. Nearby parks, waterfront areas, and walking trails provide opportunities to enjoy outdoor space while still staying connected to urban amenities. Shopping, dining, entertainment, and daily essentials are all within reach, helping simplify everyday routines and weekend plans alike. This property offers a blend of classic design, light-filled living, practical flexibility, and city convenience in a location that continues to see ongoing community investment and growth throughout Southeast DC. Whether you are looking for accessibility, adaptable space, or a connected city lifestyle, this property presents an opportunity to make it your own. Photos may be virtually staged
Turnkey investment opportunity or ideal owner-occupied income property! This beautifully remodeled multifamily home features two spacious units, each offering over 1,400 finished square feet with 3 bedrooms and 2 full bathrooms — perfect for investors looking to maximize rental income or buyers wanting to live in one unit while generating income from the other. Both units have been extensively updated with modern finishes throughout, including brand-new white shaker cabinets with soft-close features, quartz countertops, stainless steel appliances, and luxury vinyl plank flooring in all living areas. Bedrooms feature brand-new plush carpeting, while updated light fixtures, outlets, and switches add a fresh, modern touch throughout the home. The bathrooms have been fully refreshed with new vanities, toilets, mirrors, and professionally reglazed bathtubs. The entire property has been freshly painted inside and out, giving it exceptional curb appeal and a true move-in-ready feel. Each unit also includes a spacious primary bedroom with a walk-in closet. Major system upgrades include a brand-new electrical meter box, upgraded wiring to both units, a roof replaced in 2024, and a new HVAC system for the lower-level unit installed in 2024, offering peace of mind for years to come. Outside, enjoy a large backyard perfect for entertaining, relaxing, or exploring the potential for future off-street parking. Ample street parking is also readily available. Conveniently located just 10 minutes from Nationals Park and Navy Yard, 15 minutes from The Wharf, and 20 minutes from MGM National Harbor, this property offers easy access to dining, entertainment, shopping, and everything the DC metro area has to offer. Some photos virtually staged.
Welcome to 518 Oglethorpe St NE — a rare cash-flow opportunity in the heart of Riggs Park featuring a beautifully renovated semi-detached property with a main residence + separate ADU, offering incredible flexibility for investors, house hackers, or multi-generational living. Fully renovated in 2026, this property blends modern finishes, updated systems, and strong income potential in one of DC’s rapidly growing neighborhoods. The main home features 5 bedrooms, 2.5 bathrooms, and approximately 1,635 sqft of living space, while the accessory dwelling unit (ADU) offers 2 bedrooms, 1.5 bathrooms, and approximately 950 sqft with its own private living setup, creating a powerful income-producing opportunity right in Washington, DC. This property has already received strong affordable housing rent estimates, with the main unit projected around $6,785/month and the ADU around $2,494/month, creating the potential for over $9,000/month in gross rental income. Located on a quiet tree-lined street in sought-after Riggs Park, you’re just minutes from Fort Totten Metro (Red, Green & Yellow lines), Riggs LaSalle Recreation Center, Walmart, Aldi, Giant, restaurants, gyms, daycare centers, parks, and the exciting Art Place DC development with shopping, dining, and entertainment nearby. Whether you’re looking to expand your rental portfolio, offset your mortgage with additional income, create a multi-generational setup, or invest in a high-demand rental location, this property checks all the boxes for long-term appreciation and exceptional cash-flow potential.
**3-UNIT + BUILDABLE LOT** All-brick detached multifamily asset offering 3,500+ square feet across three levels. Delivered fully vacant with approved plans and permits in hand, presenting a rare opportunity for an incoming investor or owner-occupant to immediately reposition, lease, or occupy the property with no existing leases or tenant obligations to assume. The current configuration includes two upper-level one-bedroom units, each separately metered for gas and electric and featuring a dedicated kitchen, living area, and full bath, evidences efficient long-term operation and expense allocation. The third unit spans 2 levels with independent front and rear access. Approved and permitted plans support an 8+ bedroom, approximately 2,000 square foot high-occupancy layout within this portion of the property. A detached brick garage provides additional storage, parking, or operational flexibility. The approved 8+ bedroom configuration presents compelling operational flexibility for co-living, group home, assisted living, workforce housing, or short-term rental use, asset classes that may generate meaningful yield over conventional residential products in comparable DC submarkets. Alternatively, the property offers a rare opportunity for an owner-occupant to reside in one unit while generating supplemental income from the remaining units to offset monthly carrying costs. Adjacent to park space, the detached nature of the structure may create future flexibility for expansion, vertical addition, or supplemental construction opportunities or leasing, subject to zoning, permitting, and all applicable approvals. Approved plans and permits may significantly reduce upfront planning and entitlement timelines for the next owner. Buyers are responsible for independently verifying zoning, use, density, permitting, development potential, approved plans, square footage, rental assumptions, and all other material property information to their own satisfaction.
Great investment opportunity in Congress Heights! This turn-key brick multi-family structure features four updated 1-bedroom, 1-bathroom units. Tenants will love the premium amenities, including hardwood floors, built-in microwaves, icemakers, and in-unit stackable washers and dryers.The property offers energy-efficient systems, low expenses, and 3 rear spaces that provide off-street parking for up to two regular sized vehicles and one bike/motorcycle. The off street parking can also generate additional income. Situated on a manageable 0.1-acre lot, it requires minimal maintenance, ensuring a quicker return on investment. Located just 1 to 3 miles from buses, subways, and major transportation options. Perfect for a savvy investor or an owner-occupant looking to live in one unit while generating steady rental income. Don't miss this excellent addition to your portfolio in a growing neighborhood!
1700 Irving Street NW is a well-maintained boutique 7-unit multifamily property located in the heart of Mount Pleasant neighborhood of Northwest DC. Known for its walkability, neighborhood charm, and strong renter appeal, Mt. Pleasant continues to attract both investors and residents seeking an urban residential environment with convenient access to transit, retail, dining, and outdoor amenities. The neighborhood’s average home values exceeding $1 million further underscore the long-term desirability of the submarket. The property has been well maintained by current ownership and professional third-party management, which should result in minimal deferred maintenance for a prospective purchaser. While many units have been updated historically, a new owner may still have the opportunity to implement fresher interior renovations to further enhance rental income over time. Three apartments have had HVAC units replaced in the past 6 years, and the central water heater to the building was replaced in 2022. The property benefits from a partially tenant-paid utility structure. Each unit is separately metered for electric, which is paid directly by tenants and includes central A/C operation, limiting exposure to rising electricity costs. The landlord is responsible for gas and water/sewer expenses, providing a balanced but partially exposed utility arrangement. The property also sits on a 5,000+ square foot lot with rear alley access and tenant parking, providing an attractive amenity and potential supplemental income opportunity. Located just 0.3 miles from the Columbia Heights Metro Station and within walking distance of the Mt. Pleasant retail corridor, Rock Creek Park, Smithsonian National Zoological Park, and Adams Morgan, the property offers residents convenient access to some of Washington, DC’s most desirable neighborhood amenities. Additionally, four of the seven units feature functional outdoor patio space, a sought-after feature that enhances tenant appeal relative to comparable apartment offerings in the market.
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.
