$725,000
SOLD JUL 24, 2025
Studio
-- Bath
8,267 Sq Ft
3,485 Sq Ft

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

(240) 497-1700 nadia.aminov@gmail.com Long & Foster Real Estate, Inc. License #0225083579 Listed on: 04/28/2025

Long & Foster Real Estate, Inc.

Co-Listed By

Pennye Green

(240) 497-1700 pennye.greenteam@gmail.com Long & Foster Real Estate, Inc. License #301403

Last Buyer's Agent

Brian Thomas

(202) 518-8781 brian.thomas@exprealty.com 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

3,693 Sq Ft Lot

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
  • 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

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 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
  • 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

Multi Family

  • Other Units: Unit 1

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
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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 List to Sale Price per Sq Ft
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

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,095 $1,540,620 $204,110 $1,336,510
2024 $73,694 $1,473,880 $204,110 $1,269,770
2023 $68,679 $1,373,570 $200,120 $1,173,450
2022 $39,464 $1,349,210 $200,120 $1,149,090
2021 $22,256 $445,120 $200,120 $245,000
2020 $19,420 $388,400 $143,400 $245,000
2019 $2,957 $347,940 $139,780 $208,160
2018 $17,361 $320,010 $0 $0
2017 $2,606 $306,570 $0 $0
2016 $27,439 $274,390 $0 $0
2015 $26,091 $260,910 $0 $0
2014 $11,070 $221,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2197804

Bright MLS

APN: 5597 0008

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