**New price adjustment on April 20th** Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 1500 Columbia Road NW (4 -3BR/2 BA) in the highly desirable Columbia Heights / Shaw submarket of Northwest Washington, D.C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets. There is also an option to purchase 543 Florida Avenue NW (4-2BR/1 BA) in the same submarket. The portfolio consists of eight total units across two separately metered buildings, offering buyers flexibility to acquire individually or as a combined investment. Both assets have undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, the properties deliver attractive going-in CAP rates ranging from approximately 6.99% to 7.39%, with NOI of approximately $271,000 combined, and strong Debt Coverage Ratios (1.30x–1.38x). Shaw Duo offers strong in-place income, and market-supported rent growth in a low vacancy submarket. A ProForma CAP rate of 8.81% for 1500 Columbia Road NW. These four-unit buildings also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers, significantly expanding the buyer pool. In high-cost markets such as Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire these assets with low down payment requirements while benefiting from market-rate rents. With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellowstudents or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership. Columbia Heights remains one of Washington, D.C.’s most transit-oriented, and demographically diverse submarkets. Anchored by the Columbia Heights Metro Station (Green/Yellow Lines) and the 14th Street NW commercial corridor, the neighborhood benefits from exceptional walkability, dense retail amenities, and proximity to maj
Welcome to 2514 13th Street NW - a thoughtfully renovated 4-unit multifamily property in the heart of Columbia Heights - from the Aria Residential portfolio. This property presents a PRIME opportunity for both owner-occupants or traditional investors, boasting solid market-rate rents and virtually ZERO deferred maintenance. The building consists of an attractive unit mix of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit. All units were fully renovated in 2011 and feature SPACIOUS LAYOUTS, HIGH-END FINISHES, ALL-ELECTRIC APPLIANCES, and INDIVIDUAL HVAC SYSTEMS, with SEPARATELY METERED UTILITIES for each unit (aside from water), providing efficient management and reduced owner expenses. Unit 2, a spacious 3-bedroom residence, is currently vacant and was previously rented for $3,145/month, creating an ideal opportunity for an owner-occupant to live on-site while offsetting their mortgage with rental income - OR presenting a fantsatic opportunity for a new investor to CASHFLOW IMMEDIATELY after lease-up. The property is ideally located just blocks from the Columbia Heights and U Street Metro stops, the vibrant retail, dining, and entertainment along 14th Street NW, and is right across the street from Cardozo High School. Current & Historical Rents: • Unit 1 (1BR): $1,413/month • Unit 2 (3BR – Vacant): Previously rented at $3,145/month • Unit 3 (2BR): $2,923/month • Unit 4 (2BR): $1,897/month • In-Place Gross Monthly Rent (3 units): $6,233 2514 13th Street NW benefits from strong rental demand and long-term upside in one of DC’s most desirable neighborhoods. Tours are to be scheduled by appointment only! Please reach out to Michael Murray, whose information is listed below.
Smart investment opportunity in sought-after Fort Dupont in perfect condition. **Building is 100% vacant so expect between $5,340 - $6,000 per month using most housing vouchers.** This four-unit property offers four 1-bedroom units, all in move-in condition. Perfect for an owner-occupant looking to live in one unit while renting out the others to significantly offset monthly expenses. Convenient location with easy access to parks, transit, and neighborhood amenities. A rare chance to build wealth while keeping housing costs low. Convenient location near Fort Dupont Park, trails, public transportation, and major commuter routes.
With the interest rates dropping, this is the perfect time to buy a 4-unit multifamily property in DC. Each unit has 3-bedrooms, 1 bath, washer dryer and tons of light. One unit is currently occupied, generating rental income of over $2,129 per month. When fully leased, projected rental income exceeds $8,500 per month!! FHA and VA financing options are available for owner-occupants. Live in one unit while rental income covers the mortgage. Convenient access to Anacostia, Navy Yard, Capitol Hill, and downtown DC. Easy access to public transportation, shopping and dining. *Showings require at least a 2 hour notice.**
Turnkey income-producing 4-unit in prime D.C. location, an investment or house hack opportunity! Welcome to this well-cared-for brick 4-unit situated in the vibrant Trinidad neighborhood. This fully functional property includes four 1-bedroom, 1-bathroom units, each offering a classic layout with hardwood floors, ample natural light, and efficient kitchens. Three units are currently tenant-occupied, providing immediate rental income, while the remaining unit is vacant and ready for lease or owner occupancy. This property is ideal for investors seeking steady cash flow or homeowners looking to live in one unit while renting out the others. Its pristine condition means no major updates are needed. Just bring your vision and start earning. Located just minutes from Gallaudet University, Union Market, the dynamic H Street Corridor, Ivy City, and a host of restaurants, shops, and transit options including Metrobus routes and bike lanes. Local favorites like Toki Underground, Aldi, and J&J Pizza are within easy reach, offering urban convenience in a rapidly growing area. Whether you're building your portfolio or looking for a smart start in real estate ownership, this is a rare find in an unbeatable location. Some images may reflect virtual staging or digital editing, including removal of personal property, to help showcase the home.
14-unit multifamily property located in Southeast Washington, DC, within the Marshall Heights neighborhood. The property consists of a four-story brick apartment building, originally constructed in 1947, situated on an approximately 0.184-acre site comprising two tax parcels. The asset represents a vintage, walk-up multifamily building typical of the surrounding housing stock. The property contains 13 one-bedroom units and one studio, with an average unit size of approximately 643 square feet and an estimated 10,800 square feet of gross building area. Zoning is R-2, consistent with existing multifamily use. Exterior construction is brick with a flat roof. An appraisal dated May 17, 2024 (report date May 24, 2024) was provided to the broker by the owner for informational purposes only. The appraisal concluded an as-is market value based on conditions and assumptions as of its effective date. Buyers are advised that market conditions, physical condition, tenancy, income, and operating characteristics may have changed since the appraisal date, and the appraisal should not be relied upon as a current valuation or representation of present income, occupancy, or condition. As of January 2026, the property is partially occupied, with approximately eight (8) tenants in place. The rent roll reflects material arrearages, and two (2) units are currently subject to active eviction proceedings. No representations are made regarding collectability of rent, tenant status, or outcomes of any legal actions. The property will be conveyed subject to existing tenancies, arrears, and any ongoing or future enforcement or legal processes. The asset is offered strictly as-is, where-is, with all faults, and the seller makes no representations or warranties regarding physical condition, income, expenses, zoning compliance, tenancy, habitability, code status, or future performance. All prospective purchasers must conduct their own independent due diligence, including but not limited to physical inspections, lease review, financial verification, zoning analysis, and legal review. The offering is best suited for a local or regional investor with experience in tenant-occupied, value-add multifamily assets, capable of addressing deferred maintenance, rent collections, and tenancy issues over time.
Investor Special! Value-add opportunity in Congress Heights. Large end-unit 4-unit multifamily building offered fully vacant and sold As-Is. Property will require significant repairs to bring to market-ready condition, making it ideal for investors or owner-operators. One of the units has been partially demoed. Zoned RA-1 with strong rental demand and continued neighborhood growth supporting immediate improvements and long-term investment potential. Buyer to verify zoning, use, and development potential.
Unique opportunity awaits for savvy investor. This building was converted from four to two large apartments. Each unit has four bedrooms and ample space ready for your design! Corner building with large side yard which can be used for FAR addition . Property needs major renovation. Hardwood floors are in decent condition. New windows installed. Vacant. Perfect option for the right developer. Located just minutes from downtown Anacostia and 295. Major developments on Nelson and immediate area.
PREMIER LOCATION - CORNER HOME 6 BLOCKS TO SENATE. FOUR LARGE AND GRACIOUS UNIS - 2 ONE=BEDROOM, TWO TWO BDROOMS. DECKS, MANY ORIGINAL ARCHITECTURA; DETAILS INCLUDING WOOD TRIM AND TIN CEILINGS.
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
Wow! This is the investment opportunity of the year! Seventeen builds for sale as a parcel; 16-3-unit builds and 1 garage. This is prime real estate that is walking distance to RFK Stadium. Get your architect, contractors and financial partners together to make your move to actualize YOUR vision for this promising site! This is a rare OPPORTUNITY; these buildings have been family-owned for decades. Get ready, get excited and make your move! The streetcar passes in front of the properties and the location is walking distance to the H Street corridor, Kingman Island, the U.S. National Arboretum and is walking distance to the revitalization of RFK Stadium. This is a unique opportunity! Are you ready?
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.
