$1,099,900

Estimated payment $6,458/month

Total Views 496
Studio
-- Bath
2,461 Sq Ft
$447 Price per Sq Ft

Highlights

  • Federal Architecture
  • Central Heating and Cooling System
  • 3-minute walk to Rosedale Recreation Center
  • Double Pane Windows
  • Stacked Washer and Dryer

About This Home

PRICE REDUCTION of $100,000!!! Exceptional and separately metered 2-unit property in pristine condition—ideal for investors seeking strong rental income and long-term growth. It has 2–4-bedroom 1 bath units. They are fully self-contained and each unit has its own HVAC and hot water heaters. Currently 100% leased out to Section 8 tenants for a guaranteed income stream! This is a cash cow! Own a piece of this up-and-coming neighborhood with a ton of construction going on. TOPA has not been issued. Leases, CofO and P&L available within the study period. 24-hour notice required for showing.

Listing Agent

Samuel Davis

(202) 483-6300 samuel.davis@longandfoster.com Long & Foster Real Estate, Inc. Brokerage Phone: 2024836300 License #0225153343 Listed on: 03/16/2026

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,968

Year Built

  • Built in 1975 | Remodeled in 2018

Lot Details

  • 2,054 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Federal Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,461 Sq Ft Home
  • Double Pane Windows
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0288
  • Assessor Parcel Number 4540//0288

Community Details

Overview

  • 2 Units
  • Old City #1 Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,091
  • Manager Expense $4,866
  • Trash Expense $1,325
  • Operating Expense $31,224
  • Gross Income $124,896
  • Net Operating Income $93,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,968

Year Built

Built in 1975 | Remodeled in 2018

Lot Details

2,054 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1975
  • Year Renovated: 2018
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Range Hood, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
  • Window Features: Double Pane
  • Fireplace: No
  • Foundation Details: Block
  • Basement: No
  • Total Sq Ft: 2461
  • Living Area Sq Ft: 2461
  • Price Per Sq Ft: 446.93
  • Above Grade Finished Sq Ft: 2461
  • Above Grade Finished Area Units: Square Feet

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: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Pest Control Expense: 214.00
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 4866.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2054.00
  • Property Condition: Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: RF1
  • In City Limits: Yes

Rental Info

  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Common Area Maintenance, All Utilities
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6968.00
  • Assessor Parcel Number: 4540//0288
  • Tax Lot: 0288
  • Tax Year: 2025

Multi Family

  • Gross Income: 124896.00
  • Gross Scheduled Income: 124896.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 31224.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,968 $819,750 $458,680 $361,070
2024 $5,440 $639,970 $456,400 $183,570
2023 $5,361 $630,670 $443,990 $186,680
2022 $4,850 $570,560 $406,340 $164,220
2021 $4,628 $544,500 $393,670 $150,830
2020 $25,567 $511,340 $368,220 $143,120
2019 $4,133 $486,260 $351,280 $134,980
2017 $3,823 $449,720 $0 $0
2016 $3,419 $402,190 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2026 03/16/26 For Sale $1,099,900 +175.0% $447 / Sq Ft
10/26/2018 10/26/18 Sold $399,999 0.0% $357 / Sq Ft View Prior Sale
10/08/2018 10/08/18 Pending -- -- --
10/03/2018 10/03/18 Off Market $399,999 -- --
09/28/2018 09/28/18 For Sale $399,500 -- $357 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $399,999 None Available
Interfamily Deed Transfer $112,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,500 Commercial
Previous Owner $95,200 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: DCDC2250874

Bright MLS

APN: 4540-0288

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