$699,000

Estimated payment $4,114/month

Total Views 24,026
-- Bed
-- Bath
2,442 Sq Ft
$286 Price per Sq Ft

Highlights

  • Popular Property
  • Wood Flooring
  • Property is in excellent condition
  • Traditional Architecture
  • Forced Air Heating and Cooling System

About This Home

Opportunity Alert – Assumable 2.5% FHA Loan ($530K Balance, $3,113/Month!) Take advantage of a rare chance to assume a 2.5% FHA loan with an outstanding balance of $530,000 and a low monthly payment of $3,113 (including principal, insurance, and interest).

New Purchase Price: $719,999 (Previously $735,000 – that’s a $15K reduction!) Buyer brings approximately $185,000 in cash to cover the difference.

That’s still over $1,400/month in potential savings compared to today’s rates—offering unbeatable cash flow and long-term affordability.

This is a move-in-ready, revenue-generating 4-unit multifamily in Washington, DC, located steps from I-295 and Joint Base Anacostia–Bolling. It features stable Section 8 tenants and vacant units ready for customization. The current owner’s unit can be reconfigured into a spacious 2-bedroom setup, unlocking tremendous value-add potential.

Ideal for:

Military families & federal workers seeking affordable housing

House hackers aiming to live for less while building equity

Savvy investors looking to capture strong cash flow and appreciation in a high-rate market

This isn’t just a purchase—it’s a strategic move. Don’t miss your opportunity to assume one of the lowest rates available today.

Call now to learn about assumption requirements and unlock serious savings.

Listing Agent

Kirk Chatman

Fairfax Realty Premier Listed on: 07/23/2025

Fairfax Realty Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,654

Year Built

  • Built in 1953

Lot Details

  • 3,304 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 2,442 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6116//0060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,654

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1953
  • Building Winterized: No
  • Remarks Public: Opportunity Alert – Assumable 2.5% FHA Loan ($530K Balance, $3,113/Month!) Take advantage of a rare chance to assume a 2.5% FHA loan with an outstanding balance of $530,000 and a low monthly payment of $3,113 (including principal, insurance, and interest). New Purchase Price: $719,999 (Previously $735,000 – that’s a $15K reduction!) Buyer brings approximately $185,000 in cash to cover the difference. That’s still over $1,400/month in potential savings compared to today’s rates—offering unbeatable cash flow and long-term affordability. This is a move-in-ready, revenue-generating 4-unit multifamily in Washington, DC, located steps from I-295 and Joint Base Anacostia–Bolling. It features stable Section 8 tenants and vacant units ready for customization. The current owner’s unit can be reconfigured into a spacious 2-bedroom setup, unlocking tremendous value-add potential. Ideal for: Military families & federal workers seeking affordable housing House hackers aiming to live for less while building equity Savvy investors looking to capture strong cash flow and appreciation in a high-rate market This isn’t just a purchase—it’s a strategic move. Don’t miss your opportunity to assume one of the lowest rates available today. Call now to learn about assumption requirements and unlock serious savings.
  • Special Features: None

Interior Features

  • Flooring Type: Luxury Vinyl Plank, Hardwood, Ceramic Tile
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 2442
  • Living Area Sq Ft: 2442
  • Price Per Sq Ft: 286.24
  • Above Grade Finished Sq Ft: 2442
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Fiber Optic, Cable, Satellite

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3304.00
  • Property Condition: Excellent, Very Good
  • Soil Types: Unknown
  • Zoning: R5A
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Units Furnished: All
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3654.00
  • Assessor Parcel Number: 6116//0060
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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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
08/05/2025 08/05/25 Price Changed $699,000 -2.9% $286 / Sq Ft
07/29/2025 07/29/25 Price Changed $719,999 -2.0% $295 / Sq Ft
07/23/2025 07/23/25 For Sale $735,000 +38.7% $301 / Sq Ft
12/10/2020 12/10/20 Sold $530,000 +15.2% $217 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $459,900 -- $188 / Sq Ft
Source: Bright MLS

About the Listing Agent

Kirk Chatman

Fairfax Realty Premier

(877) 734-0586

Section Image

Hello, I’m Kirk Chatman—a dedicated real estate professional serving the District of Columbia, Maryland, and Virginia. As a lifelong Washingtonian, I bring deep-rooted local insight and a commitment to helping clients buy or sell with confidence. My strengths lie in strategic pricing, creative marketing, and delivering full-service support from start to finish. With honesty, experience, and a promise of personal attention, I aim to be your trusted partner not just for today’s move, but for a

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Source: Bright MLS

MLS Number: DCDC2212176

Bright MLS

APN: 6116 0060