$1,075,000
PENDING

Estimated payment $6,448/month

Total Views 2,595
-- Bed
-- Bath
3,895 Sq Ft
$276 Price per Sq Ft

Highlights

  • Federal Architecture
  • Wood Flooring
  • 1-minute walk to Lamont Plaza
  • Bancroft Elementary School Rated A-
  • Central Heating

About This Home

Offer Deadline is Sunday, August 3rd at 3:00pm. ......Exceptional 3-unit semi-detached property offering versatile investment potential in the heart of Mount Pleasant. This well-positioned building features two residential units plus one commercial space, presenting multiple revenue streams and value-add opportunities. The upper residential unit offers 3BR/2BA in a duplex-style layout spanning two levels, while the lower residential unit is currently configured as 1BR with expansion potential to 3BR/2BA upon basement finishing. The commercial space is occupied by a month-to-month tenant providing immediate rental income. The unfinished basement presents a significant value-add opportunity, ready for customization to maximize the lower unit's potential and overall property income. The property's current condition and competitive pricing create substantial room for value enhancement through strategic improvements, making it ideal for investors seeking a turnkey opportunity with existing commercial income and residential upside potential, or owner-occupants looking to offset mortgage costs by residing in one unit while generating rental income from the others. Value-add specialists can capitalize on the basement finishing opportunity and vacant residential units to significantly increase returns. Situated in the desirable Mount Pleasant neighborhood, the property benefits from strong rental demand, excellent walkability, and proximity to urban amenities while maintaining a residential character. Currently delivered with two vacant residential units ready for immediate occupancy or renovation, plus stable commercial tenant providing cash flow during any improvement period.

Listing Agent

Lee Moretz

NHT Real Estate LLC Listed on: 07/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,650

Year Built

  • Built in 1910

Lot Details

  • 2,260 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,895 Sq Ft Home
  • Wood Flooring

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 822
  • Assessor Parcel Number 2608//0822

Community Details

Overview

  • 3 Units
  • Mount Pleasant Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,650

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 7/25/2025 12:00:00 AM
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Offer Deadline is Sunday, August 3rd at 3:00pm. ......Exceptional 3-unit semi-detached property offering versatile investment potential in the heart of Mount Pleasant. This well-positioned building features two residential units plus one commercial space, presenting multiple revenue streams and value-add opportunities. The upper residential unit offers 3BR/2BA in a duplex-style layout spanning two levels, while the lower residential unit is currently configured as 1BR with expansion potential to 3BR/2BA upon basement finishing. The commercial space is occupied by a month-to-month tenant providing immediate rental income. The unfinished basement presents a significant value-add opportunity, ready for customization to maximize the lower unit's potential and overall property income. The property's current condition and competitive pricing create substantial room for value enhancement through strategic improvements, making it ideal for investors seeking a turnkey opportunity with existing commercial income and residential upside potential, or owner-occupants looking to offset mortgage costs by residing in one unit while generating rental income from the others. Value-add specialists can capitalize on the basement finishing opportunity and vacant residential units to significantly increase returns. Situated in the desirable Mount Pleasant neighborhood, the property benefits from strong rental demand, excellent walkability, and proximity to urban amenities while maintaining a residential character. Currently delivered with two vacant residential units ready for immediate occupancy or renovation, plus stable commercial tenant providing cash flow during any improvement period.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Slab
  • Total Sq Ft: 3895
  • Living Area Sq Ft: 3895
  • Price Per Sq Ft: 275.99
  • Above Grade Finished Sq Ft: 3895
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1664

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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, 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: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2260.00
  • Property Condition: Good, Average
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: MU4
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 8650.00
  • Assessor Parcel Number: 2608//0822
  • Tax Lot: 822
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 2

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

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
2024 $8,650 $951,920 $496,770 $455,150
2023 $8,695 $956,870 $487,030 $469,840
2022 $8,639 $950,680 $487,030 $463,650
2021 $15,708 $951,980 $487,030 $464,950
2020 $14,919 $904,180 $442,760 $461,420
2019 $13,835 $838,470 $402,510 $435,960
2018 $12,791 $775,210 $0 $0
2017 $11,725 $710,600 $0 $0
2016 $5,939 $653,590 $0 $0
2015 $10,749 $651,440 $0 $0
2014 $10,660 $646,030 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $1,075,000 -- $276 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2212098

Bright MLS

APN: 2608-0822