$649,900

2303 S St SE Washington, DC 20020

Fairlawn Neighborhood

Estimated payment $4,032/month

Total Views 799
-- Bed
-- Bath
2,592 Sq Ft
$251 Price per Sq Ft

Highlights

  • 0.12 Acre Lot
  • Traditional Architecture
  • Radiator

About This Home

***EXCELLENT OPPORTUNITY FOR INVESTOR OR FIRST TIME HOMEBUYER***Welcome to 2303 S Street SE a multiple unit apartment building located in the subdivision of Randal Heights, Washington DC. At current, each unit offers 1 bedroom/1 bath. Lot size: 5,437 s/f; Zoning R-3; Total building s/f of 2,592. Off-street parking for 2+ vehicles. Two units are “turnkey” with updated flooring, freshly painted and stainless-steel appliances. Exterior in need of some repairs. Excellent investment property. BUILDING IS FULLY DETACHED. EASY CONVERSION TO 2-BEDROOM UNITS WITHOUT ADDING TO FOOTPRINT. Potential fair market rent per unit is $1,500 per month. Expenses: Property Taxes $5,200; Maintenance Fees $6,000; Management Fees: $6,000; Property Insurance: $4,800; Reserves: $8,000; NOI: $42,000; Cap Rate: 7%. PLEASE BE ADVISED...UNIT #A IS OCCUPIED! PLEASE DO NOT DISTURB. ALL OTHER UNITS ARE VACANT. BUILDING WILL BE DELIVERED VACANT.

Listing Agent

Alvin Rice

Coldwell Banker Realty - Washington License #SP98363611 Listed on: 05/17/2025

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 1956

Lot Details

  • 5,437 Sq Ft Lot

Home Design

  • 2,592 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Public Septic
  • Private Sewer

Listing and Financial Details

  • Tax Lot 809
  • Assessor Parcel Number 5627//0809

Community Details

Overview

  • 4 Units
  • Marshall Heights Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,198

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 5/17/2025 12:00:00 AM
  • Year Built: 1956
  • Remarks Public: ***EXCELLENT OPPORTUNITY FOR INVESTOR OR FIRST TIME HOMEBUYER***Welcome to 2303 S Street SE a multiple unit apartment building located in the subdivision of Randal Heights, Washington DC. At current, each unit offers 1 bedroom/1 bath. Lot size: 5,437 s/f; Zoning R-3; Total building s/f of 2,592. Off-street parking for 2+ vehicles. Two units are “turnkey” with updated flooring, freshly painted and stainless-steel appliances. Exterior in need of some repairs. Excellent investment property. BUILDING IS FULLY DETACHED. EASY CONVERSION TO 2-BEDROOM UNITS WITHOUT ADDING TO FOOTPRINT. Potential fair market rent per unit is $1,500 per month. Expenses: Property Taxes $5,200; Maintenance Fees $6,000; Management Fees: $6,000; Property Insurance: $4,800; Reserves: $8,000; NOI: $42,000; Cap Rate: 7%. PLEASE BE ADVISED…UNIT #A IS OCCUPIED! PLEASE DO NOT DISTURB. ALL OTHER UNITS ARE VACANT. BUILDING WILL BE DELIVERED VACANT.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 2592
  • Living Area Sq Ft: 2592
  • Price Per Sq Ft: 250.73
  • Above Grade Finished Sq Ft: 2592
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2303

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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer, Public Septic
  • 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: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5437.00
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: R3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 5198.00
  • Assessor Parcel Number: 5627//0809
  • Tax Lot: 809
  • Tax Total Finished Sq Ft: 2592
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 3

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
07/17/2025 07/17/25 Price Changed $649,900 0.0% $251 / Sq Ft
07/17/2025 07/17/25 For Sale $649,900 +8.3% $251 / Sq Ft
06/01/2025 06/01/25 Off Market $599,900 -- --
05/17/2025 05/17/25 For Sale $599,900 -- $231 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: DCDC2196686

Bright MLS

APN: 5627 0809

District of Columbia District of Columbia County Washington 20020 Fairlawn

2303 S St SE, Washington, DC

This home is located at 2303 S St SE, Washington, DC 20020 and is currently priced at $649,900, approximately $250 per square foot. This property was built in 1956. 2303 S St SE is a home located in District of Columbia with nearby schools including Lawrence E. Boone Elementary School, Kramer Middle School, and Anacostia High School.

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Nearby Homes
Alvin Rice
Listing Agent
Alvin Rice
Section Image
Coldwell Banker Realty - Washington
(202) 263-9008