$1,349,000

Estimated payment $8,735/month

Total Views 583
-- Bed
-- Bath
2,652 Sq Ft
$509 Price per Sq Ft

Highlights

  • Popular Property
  • Central Air
  • Hot Water Heating System

About This Home

Welcome to 1214 18th Place NE – a four-unit multifamily property, offering exceptional income potential. This building features two expansive bi-level 3-bedroom, 3-bath units (Units 3 & 4) and two spacious 2-bedroom, 2-bath flats (Units 1 & 2). The third-story addition has added significant living space and value, seamlessly blending into the building’s classic structure. Each unit boasts in-unit washers and dryers, contemporary kitchens and bathrooms, and updated mechanical systems (most major systems are less than 5 years old), ensuring low maintenance for years to come. The property is separately metered for utilities except for water, allowing tenants to pay their bills – a big plus for any landlord. Investors and owner-occupants alike will appreciate the flexibility and high rental income potential here. Three of the four units are currently vacant and move-in ready, giving the next owner the option to lease them immediately at market or voucher rates, while one unit is already tenant-occupied (Delinquent and served notice). With DC Housing voucher rents of roughly $3,500/month for each 3BR unit and $2,300/month for each 2BR unit, a fully leased building could generate over $11,000 in monthly gross rent – an impressive yield in the current market. This combination of strong cash flow and recent renovations makes for a truly turn-key investment opportunity. Whether you’re an investor seeking a profitable addition to your portfolio or a homeowner looking to live in one unit and rent out the others to offset your mortgage, 1214 18th Place NE delivers. The full renovation means modern comfort and style for tenants and minimal upkeep for you. Don’t miss this rare opportunity to own an entire four-unit building in a thriving DC location – a perfect blend of luxury living for tenants and excellent returns for the owner.

Listing Agent

Abel Gebremichael

Keller Williams Capital Properties Listed on: 08/08/2025

Keller Williams Capital Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 3,111 Sq Ft Lot

Home Design

  • 2,652 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • 3 Vacant Units

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 4445//0135

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 8/14/2025 12:00:00 AM
  • Year Built: 1941
  • Remarks Public: Welcome to 1214 18th Place NE – a four-unit multifamily property, offering exceptional income potential. This building features two expansive bi-level 3-bedroom, 3-bath units (Units 3 & 4) and two spacious 2-bedroom, 2-bath flats (Units 1 & 2). The third-story addition has added significant living space and value, seamlessly blending into the building’s classic structure. Each unit boasts in-unit washers and dryers, contemporary kitchens and bathrooms, and updated mechanical systems (most major systems are less than 5 years old), ensuring low maintenance for years to come. The property is separately metered for utilities except for water, allowing tenants to pay their bills – a big plus for any landlord. Investors and owner-occupants alike will appreciate the flexibility and high rental income potential here. Three of the four units are currently vacant and move-in ready, giving the next owner the option to lease them immediately at market or voucher rates, while one unit is already tenant-occupied (Delinquent and served notice). With DC Housing voucher rents of roughly $3,500/month for each 3BR unit and $2,300/month for each 2BR unit, a fully leased building could generate over $11,000 in monthly gross rent – an impressive yield in the current market. This combination of strong cash flow and recent renovations makes for a truly turn-key investment opportunity. Whether you’re an investor seeking a profitable addition to your portfolio or a homeowner looking to live in one unit and rent out the others to offset your mortgage, 1214 18th Place NE delivers. The full renovation means modern comfort and style for tenants and minimal upkeep for you. Don’t miss this rare opportunity to own an entire four-unit building in a thriving DC location – a perfect blend of luxury living for tenants and excellent returns for the owner.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2652
  • Living Area Sq Ft: 2652
  • Price Per Sq Ft: 508.67
  • Above Grade Finished Sq Ft: 2652
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1214

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3111.00
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Number Of Units Month To Month: 1
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 47934.00
  • Assessor Parcel Number: 4445//0135
  • Tax Lot: 135
  • Tax Total Finished Sq Ft: 2652
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,349,000 -- $509 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: DCDC2213524

Bright MLS

APN: 4445 0135