$725,000
SOLD JUL 24, 2025
-- Bed
-- Bath
8,267 Sq Ft
3,693 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

9% Below List Price

26 Days on Market

About This Home

As of July 2025

Investor Alert – Exceptional Multi-Family Opportunity in Anacostia!
1622 R Street SE, Washington, DC 20020

A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion.

Zoned RA-2 on a 3,693 sq. ft. lot

Estimated 8,267 total sq. ft.

Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each

Rear alley access with room for 3–4 parking spaces

Structure is framed; no permits included

Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment.

Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals.
An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.

Last Agent to Sell the Property

Nadia Aminov

Long & Foster Real Estate, Inc. License #0225083579 Listed on: 04/28/2025

Long & Foster Real Estate, Inc.

Co-Listed By

Pennye Green

Long & Foster Real Estate, Inc. License #301403

Last Buyer's Agent

Brian Thomas

RLAH @properties License #SP98360750

RLAH @properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 3,693 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • 8,267 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Rough-In Plumbing

Schools

  • Anacostia Senior High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Above Ground Utilities
  • Electric Water Heater

Community Details

  • 4 Units
  • 4-Story Building

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 5597//0008

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1936
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert – Exceptional Multi-Family Opportunity in Anacostia! 1622 R Street SE, Washington, DC 20020 A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion. Zoned RA-2 on a 3,693 sq. ft. lot Estimated 8,267 total sq. ft. Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each Rear alley access with room for 3–4 parking spaces Structure is framed; no permits included Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment. Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals. An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 8267
  • Living Area Sq Ft: 8267
  • Price Per Sq Ft: 93.75
  • Above Grade Finished Sq Ft: 8267
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1622

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Rough-In Plumbing
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Schools

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3693.00
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: RA2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 73694.00
  • Assessor Parcel Number: 5597//0008
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/24/2025

Multi Family

  • Other Units: Unit 1

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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
07/24/2025 07/24/25 Sold $725,000 -6.5% $88 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $775,000 -3.1% $94 / Sq Ft
04/28/2025 04/28/25 For Sale $799,900 -- $97 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2197804

Bright MLS

APN: 5597 0008