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.
RAISE PERMIT IN HAND Exceptional Anacostia development opportunity featuring desirable RA-2 zoning with multiple redevelopment possibilities including multifamily, condo conversion, townhomes, home business use, parking, and more. Current plans reflect over 17,000+ sq ft with potential for 16+ units, and seller has raze permits in hand with permitting already in process. Surrounded by successful new construction condos and apartment projects, this property is positioned in the heart of major Anacostia revitalization efforts. Located minutes from downtown DC, Nationals Park, future football stadium, shopping, Metro, and public transportation Property sits at the end of the street adjacent to an alley near public storage, offering added accessibility and development flexibility. Concept plans and zoning analysis available upon request.
Fully renovated, 2-unit end building with lots of windows and lots of opportunity. Home has new systems and appliances throughout. The upper unit is a 3 bedroom and the third bedroom could easily be removed or reduced to add living space depending on if owner prefers bedroom, office, or additional living space. Property was built to be converted into condos, however, the process is incomplete and may be completed at the option of the new owner. Property has roof deck, off-street parking, and is less than a block from H-Street restaurants and shopping. Public transportation line on H-Street.
Vacant 4 unit located in sought after Hillcrest,Seller will entertain all offers,drastic price reduction,the building is totally vacant,4 car parking in the located in the rear Seller will entertain all offers
Exceptional opportunity in the rapidly evolving Congress Heights neighborhood—this six (6) unit multifamily property is comprised entirely of one-bedroom units and is fully vacant, offering a rare blank canvas for investors, developers, or owner-operators. With all units delivered vacant, the property is ideally positioned for renovation and repositioning to meet today’s market standards. Whether your vision is to upgrade and lease at market rents, create a workforce or subsidized housing model, or explore a potential condo conversion (subject to approvals), the possibilities are substantial. Each unit is separately metered, providing operational flexibility and cost efficiency for future ownership. The property also features rear parking—an added convenience for your tenants. Located in the up-and-coming Congress Heights area, this property benefits from ongoing neighborhood revitalization, proximity to major commuter routes, public transportation, and continued investment throughout the community. Bring your vision and capitalize on the strong upside potential this asset offers. Roof replaced 2024.
Exceptional, separately metered 4-unit property in pristine condition—ideal for investors seeking strong rental income and long-term appreciation in one of DC’s most exciting neighborhoods. It also works for an owners-unit with 3-additional income producing units. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC, hot water heaters, and electric meters, making management simple and efficient. With a projected hefty $169,600 NOI at full capacity, the numbers speak for themselves. The building is 75% occupied by Section 8 tenants, providing dependable, guaranteed rental income. This is a perfect first-time buyer who wants to live in one unit and rent the rest out to offset the mortgage payment. Located just two blocks from Nationals Park and The Wharf, you’re surrounded by new development, dining, entertainment, and major city attractions. Don’t miss this chance to own a high performing property in a rapidly growing area.
Welcome to 1523 15th St SE! Here is your chance to own a rarely available 4-unit building in rapidly developing Anacostia! All recently updated 2bd/1ba units sited on a large lot with rear alley access that could easily partitioned to allow for off-street parking. Units 2 can be shown anytime. Units 1, 3 & 4 are available to show with sufficient notice. Priced to Sell! This investment is primed and ready for its next chapter! Don't wait!
Investment opportunity. Income upside. Live-in leverage. Letter perfect location. Welcome to 219 P St NW. With a proven track record of generating more than SIX FIGURES in annual gross income, this is the kind of investment opportunity investors spend years waiting for. Positioned in the heart of one of DC’s fastest-moving neighborhoods, this flexible multi-unit property delivers the rare combination of instant income, strong cash flow, location leverage, and long-term upside. Currently configured as three units — with a Certificate of Occupancy for two — the property offers multiple ways to maximize returns. Live in one residence while generating substantial income from the others. Lease long-term. Operate short-term rentals. Create a hybrid strategy. The flexibility here is real, and the income history backs it up. Inside, the layout is built for versatility and rental appeal. Two spacious 2-bedroom, 2-bath residences provide comfortable, highly marketable living spaces, while the lower-level 1-bedroom, 1-bath unit creates an additional revenue stream. Secure off-street parking adds even more value and convenience — a true city luxury. The Truxton Circle location strengthens the opportunity. Connected. Convenient. Constantly growing. With easy access to New York Avenue, North Capitol Street, and Florida Avenue, getting around the city is seamless. Union Market, NoMa, and some of DC’s best dining, shopping, and nightlife are just moments away, while the nearby NoMa–Gallaudet U Metro station keeps the entire city within reach. Strong history. Serious flexibility. Significant upside. 219 P St NW is a rare opportunity to own an income-producing property in one of Washington’s most dynamic neighborhoods.
Luxury Multifamily (4 BRs, 4 Full BAs, 2 half BAs, Roof Deck, 1 Secure Parking) Investment Opportunity in the Heart of NoMa! Introducing a rare opportunity to own a fully reconstructed, boutique 2-unit building in one of DC’s most dynamic neighborhoods. This 4-level duplex residence, complete with a private roof deck and has always been owner-occupied, includes three tax IDs: Unit 1 (0773//2004), Unit 2 (0773//2005), and a separately deeded secure parking space (0773//2006) with electric Level 1 charger. Rebuilt in 2019 with all new systems including HVAC, electrical, and plumbing, this turnkey property offers both immediate flexibility and long-term value. Both units are delivered fully vacant, presenting the ideal scenario for an investor or owner-occupant seeking to live in one residence while generating income from the other, or to maximize returns with two premium rental units. Each unit showcases modern luxury finishes and thoughtful design, featuring open-concept layouts, engineered oak hardwood flooring, quartz countertops with expansive Kitchen islands, stainless steel appliances with gas cooking and luxury touches like pot fillers & wine storage. The spa-inspired marble bathrooms with custom tile and matte black hardware continue the upscale theme. In-unit full-sized washer and dryers, tankless water heaters, fresh paint / designer wallpaper, and an installed reverse osmosis water filtration system complete each residence. Unit 2 (995 sf, 2 BR 2.5 BAs) spans the upper two levels and is flooded with natural light, offering 2 bedrooms, a half bath on the main living level, and 2 full bathrooms, including an ensuite. A private balcony extends from the second bedroom (complete with a curated wall mural), while a stunning rooftop deck crowns the home with panoramic 360-degree city views—perfect for entertaining or unwinding above it all. Unit 1 (1,044 sf, 2 BR 2.5 BAs) occupies the main and lower levels, also featuring 2 bedrooms, a half bath on the main living level, and 2 full bathrooms, including an ensuite. Each bedroom provides direct access to outdoor space, with private patios and seamless connectivity to the secure parking area via a spiral staircase with rear egress. The separately deeded parking space includes a roll-down garage door and electric car charging capability, a rare and valuable amenity. Positioned just two blocks from the NoMa Metro and moments from the vibrant Union Market District, enjoy immediate access to some of DC’s most sought-after dining destinations including El Presidente, St. Anselm, Pastis DC, and maman. A true blend of lifestyle, location, and income potential—this is city living at its finest with built-in investment upside. *LP Title is offering buyers a $500 closing cost credit for using us as the title company.*
STABILIZED DUPLEX WITH ADMINISTRATIVE & PHYSICAL UPSIDE. Positioned for the savvy owner-occupant or investor, this semi-detached duplex offers a rare combination of significant size and immediate cash flow. The Upper Unit: Spanning two levels, this expansive 5-Bedroom/2-Bathroom unit is currently occupied and generating $2,377/month in guaranteed income through the Housing Choice Voucher Program. There is immediate room to request a rent increase through the "Rent Reasonableness" process to align the 5-bedroom footprint with current sub-market benchmarks, providing a clear path to increased gross rent without additional capital expenditure. THE LOWER UNIT: Recently updated and currently vacant, the lower-level 2-Bedroom unit features a fresh, neutral palette, a modern kitchen with white cabinetry, and new carpet. This unit is perfectly suited for an owner-occupant looking to house-hack or for an investor to place a new tenant at current market rates. Strategic Advantage: With one unit already stabilized and the other offering a "blank canvas," this property minimizes acquisition risk while offering two distinct paths to value-add appreciation.
BUY THIS 4-unit with $0 DOWN using VA financing and live in one unit while the other 3 units generate $2,550 each — up to $7,650/month in rental income. Fully Renovated 4-Unit Building — Ideal for Owner-Occupants or Investors Seeking Program-Friendly Income. Each of the four units offers a 3-bedroom, 1-bath layout with approximately 689 sq.?ft. per unit, all meeting DC egress and square-footage requirements. The building has been completely renovated throughout, featuring modern kitchens with stainless-steel appliances, updated baths, new flooring, and in-unit laundry. Two units are currently vacant, providing flexibility for an owner-occupant to live in one unit while leasing others through the voucher program, or to operate short-term or mid-term rentals in a high-demand location. The remaining units are rent-ready, offering immediate income potential. This property represents a turnkey multifamily asset with compliance-ready layouts and strong rental fundamentals. Investors can pursue multiple strategies — program leasing, furnished rentals, or long-term holds — while maintaining a conservative risk profile through modernized systems and code-compliant design. All information is based on current physical and regulatory conditions; no future performance is represented or guaranteed.
Positioned on a prominent corner in Georgetown’s coveted West Village, this all-brick semi-detached Federal residence offers a rare opportunity to own a two-unit property in one of Washington’s most iconic and walkable neighborhoods. Located at the intersection of Potomac and Prospect Street, 3267 Prospect Street NW is just moments from the endless shopping, dining, and entertainment destinations along M Street and Wisconsin Avenue, while also offering easy access to Georgetown University, George Washington University, and the Foggy Bottom Metro. Configured as two distinct residences, each unit features its own kitchen, spacious living areas, hardwood floors, in-unit washer and dryer, and abundant natural light from three exposures. The main level unit is anchored by a gated entry and expansive private all-brick patio surrounded by mature landscaping — a serene outdoor retreat ideal for entertaining, dining al fresco, or enjoying quiet city living. Inside, the unit offers one bedroom, one bathroom, generous closet space, and an inviting living room filled with natural light. The upper-level residence features two bedrooms, one bathroom, built-ins, plentiful storage, and charming living spaces that capture the timeless character of Georgetown architecture. Whether utilized as an investment property, owner-occupied residence with supplemental rental income, or fully leased asset, this unique offering presents exceptional flexibility for today’s savvy buyer in one of DC’s most desirable neighborhoods.
Offered for sale for the first time in nearly 55 years, 318 Maryland Avenue NE presents a rare opportunity to acquire a distinguished Capitol Hill residence rich in history, character, and income-producing potential. Built circa 1910 this stately property blends timeless architectural charm with exceptional flexibility for both investors and owner-occupants alike. Behind its elegant historic façade, the residence features expansive living space across the upper three levels, including four bedrooms and 2.5 bathrooms above grade, highlighted by soaring ceilings, abundant natural light, and classic period detailing throughout. The property also includes a fully self-contained English basement apartment comprised of 2 bedrooms and 1 full bathroom, offering additional flexibility for rental income, guest accommodations, or multigenerational living. Outdoor features include a large front yard rarely found in Capitol Hill properties, along with a charming shared patio area ideal for entertaining or relaxing outdoors. Currently configured and leased to multiple tenants, the property offers immediate income potential while preserving long-term opportunities for repositioning, owner occupancy, or continued investment use. Persons with interest are encouraged to inquire with the real estate broker, Congressional Commercial, LLC, for additional information regarding tenancy, financial details, and sale terms.
INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.
Exceptional three-unit investment opportunity on coveted East Capitol Street in the heart of Capitol Hill. 916 E Capitol St NE offers a rare combination of immediate income potential, owner-occupant flexibility, and long-term upside in one of Washington, DC’s most desirable neighborhoods. Units A and B are currently vacant and ready for immediate occupancy or leasing, while Unit C is tenant occupied and expected to be delivered vacant soon. Ideal opportunity for investors, 1031 exchange buyers, or owner-occupants seeking supplemental rental income. Seller has valid Certificate of Occupancy for easy transfer to buyer. Units A (3BR/2BA) and B (2BR/1BA) offer bright, well-proportioned interiors with hardwood floors, exposed brick fireplaces, abundant natural light, and classic Capitol Hill character throughout. Keep these units as-is or turn this property into a stunning Capitol Hill, multi-level mansion! Prime location just blocks to Eastern Market, Lincoln Park, Barracks Row, Metro, dining, shopping, and all Capitol Hill amenities. Rare opportunity to acquire a multi-unit property with significant flexibility and strong income-producing potential in a premier Capitol Hill location.
Welcome to 760 Lamont Street NW—a rare, expansive urban compound nestled in the heart of the vibrant Park View corridor. Legally configured as a two-unit building with three entirely distinct living spaces, this property features independent entrances and dual means of egress for all three spaces. Whether you are looking for a generational family estate, a high-yield investment, or an owner-occupant looking to let premium pro-forma market rents of up to $10,500/month cover your mortgage—this turn-key property checks the boxes. The Living Spaces: The Main Residence (Middle Unit): A spacious, light-filled 4-bedroom, 2.5-bathroom home that can rent up to $6,000/month. Featuring two private rear decks, it offers a scale and layout rarely found in the District. Ideal for a premium long-term rental or a grand owner's unit. The Penthouse Loft (Top Floor): A sun-drenched 800 sq. ft. sanctuary completed in 2025, boasting oversized panorama windows with sweeping views of the downtown DC skyline, It features 2 bedrooms, 2 full bathrooms (including a spa-like jacuzzi suite), its own private deck, and verified plumbing in place for an effortless kitchen addition (professional design renderings fully provided). The Lower-Level Suite: A fully independent 1-bedroom plus den layout renting for up to $2,000/month. Perfect for a young professional or couple, this flexible space serves as an exceptional income producer or home office, opening directly out to the rear grounds. The Urban Compound & Outdoor Living: Rare for the city, the exterior features multi-level outdoor living with dedicated decks on every floor leading down to a massive rear yard. The secure, gated compound provides private off-street parking for up to four vehicles with separate automotive and pedestrian entrances—a massive premium for multi-car households or a lucrative source of secondary neighborhood parking income. Owned Green Energy Wealth: The roof-mounted solar photovoltaic array is 100% fully owned and included in the sale. For a commanding 3,452 sq. ft. property, this system slashes monthly utility costs by 50-100% while allowing the owner to cash in on an estimated $4,000 annually in pure passive cash flow from DC’s highly lucrative Solar Renewable Energy Credit (SREC) market. The Location & Effortless Commuting: Situated just half a block from the buzzing 11th Street dining corridor—putting neighborhood institutions like The Coupe, Redrocks, and Wonderland right at your doorstep. Grab groceries at a premium Delicatessen just a 4 min walk away; or walk 5 minutes to the community gardens at Bruce Monroe Park; or shop at the DC USA retail complex on 14th. Commuting is completely effortless: Metro: The Columbia Heights Metro station (Green/Yellow Lines) is just 0.5 miles away. Bikeshare & Zipcar: A Capital Bikeshare station is 1 block away, and a dedicated Zipcar location sits just four houses down. Bus Lines: For direct access downtown, two high-frequency bus lines sit 0.5 and 1.5 blocks away, delivering you to Gallery Place or Metro Center in under 15 minutes. The Bottom Line: Three living spaces with an architectural footprint of 3,452 total square feet, total pro-forma income of $10,500/month, a secure 4-car parking yard, turn-key cosmetic updates, owned income-generating solar, and an unbeatable location 15 min to downtown by public transport. Deep-Dive Investor Packet Available: Serious buyers are invited to request our comprehensive digital property portfolio presentation. This detailed packet provides extended interior and exterior photography, architectural floor plans, pre-drawn design renderings for the penthouse loft layout, documented evidence of recent cosmetic updates, and a full set of relevant neighborhood rental comparisons.
Fully renovated two-unit property ideally positioned in the heart of Northeast DC near Union Market, NoMa, and the H Street Corridor. 642 Morton Place NE presents a rare opportunity to acquire a stabilized income-producing asset with strong in-place rental income, updated interiors, and long-term upside in one of Washington, DC’s strongest growth corridors. The property consists of two separately metered residential units with a combined monthly rental income of approximately $4,500. The upper unit is leased through November 2027 at $2,300/month, while the lower unit is occupied at $2,200/month with a lease term ending December 13th 2026, providing immediate cash flow and operational stability. Both units have been extensively renovated and feature updated kitchens, modern bathrooms, wood flooring, upgraded finishes, private outdoor balcony space, and bright open layouts. Additional highlights include potential for future off-street parking at the rear of the property, separately metered utilities, and strong tenant demand driven by the surrounding Union Market and NoMa redevelopment. Located moments from Union Market, Metro access, dining, retail, parks, and major commuter routes, this property offers an attractive combination of stable income, neighborhood appreciation, and long-term investment potential. Ideal for investors, owner-occupants seeking supplemental income, or long-term hold buyers looking for exposure to one of Northeast DC’s most active residential corridors.
Full gut renovation down to the studs — new electrical, plumbing, framing & more 4 units total All Units occupied with reliable tenants in place Spacious 4-bedroom unit — ideal for a premium rental. Over 110k in gross rental Income Classic all-brick exterior with updated entry, chevron-tiled landing & modern railings Separately metered electric Zoned R-3 Located in DC's 20032 zip — one of the most affordable and fast-appreciating areas in the city Seller Concessions Available — Less out of pocket for the buyer at closing. Ask listing agent for details. Situated minutes from Congress Heights Metro (Green Line), Joint Base Anacostia-Bolling, Anacostia Park, and the Entertainment & Sports Arena. Zoned for King Elementary, Charles Hart Middle School, and Ballou High School — all within the same zip code. Opportunities like this don't last. Schedule your showing today!
TOWNHOUSE / MULTI-FAMILY DEVELOPMENT @ PARK MORTON. SELLER FINANCING OR SETTLEMENT UPON ENTITLEMENT AVAILABLE. Prime Residential Development Opportunity Across from the newly-built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including (9) townhouse or "2 over 2" condos , a traditional 24-unit multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.
A compelling opportunity for investors seeking a stabilized, income-producing property with meaningful long-term upside in one of Washington, D.C.’s fastest-evolving neighborhoods. Positioned on a prominent corner lot at 928 19th Street NE, this fully occupied four-unit building in Carver Langston offers a rare combination of immediate cash flow, flexible zoning, and future development potential. Each residence features a well-proportioned one-bedroom, one-bath layout, providing consistent, in-place income from day one. The property has been well maintained, with updated interiors, functional layouts, and solid systems that support efficient ownership. Residents enjoy updated kitchens and baths, comfortable living spaces, and the added benefit of rear parking, a valuable amenity in this location. Beyond its current performance, the property presents a significant value-add opportunity. With RA-2 zoning and a 3,965 square foot lot, the site offers potential for redevelopment into a 7,000+ square foot boutique condominium or multifamily project, allowing investors to maximize density and future returns. Ideally situated near Ivy City, the H Street Corridor, and Union Market, the property also benefits from close proximity to the planned transformation of the RFK Stadium campus, further reinforcing long-term growth potential. With convenient access to NoMa, Metro, and major commuter routes, the location continues to attract strong tenant demand and sustained appreciation. Whether held as a turnkey rental investment or redeveloped to unlock its full potential, 928 19th Street NE represents a rare opportunity to capitalize on both current stability and future upside in one of D.C.’s most dynamic neighborhoods.
Prime Opportunity for 1031 Exchange and DSCR Investors — Fully Stabilized 4-Unit Asset with Strong Program-Backed Income. This well-maintained four-unit building is delivered 100% occupied, with all units currently leased through the voucher program and producing a total actual gross rent of $9,257 per month. The unit mix includes two 3-bedroom units, one 2-bedroom unit, and one 1-bedroom unit, offering a diversified rent roll supported by long-term demand in this submarket. Operational responsibilities for the owner are limited to water, trash, and common-area electric, allowing investors to maintain predictable expense ratios and straightforward DSCR underwriting. With program-backed rents already in place, the property provides immediate in-place cash flow and a stable income profile suitable for 1031 exchange investors seeking to preserve and reposition capital, as well as DSCR-focused investors prioritizing consistent rent streams. The building’s existing voucher rent structure, combined with its fully occupied status, offers investors a reliable foundation for long-term hold strategies, future compliance modernization, or incremental operational improvements. All financial information is based on current leases and program participation; no future performance is represented or guaranteed.
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.
