$800,000
SOLD MAR 24, 2025

240 34th St SE Washington, DC 20019

Greenway Neighborhood
-- Bed
-- Bath
-- Sq Ft
1,930 Sq Ft Lot

Recently Sold

14% Below List Price

167 Days on Market

About This Home

As of March 2025

***Significant price improvement*** This 6-unit residential multi-family building in Southeast Washington, DC, is a rare gem that offers both immediate cash flow and long-term appreciation potential. With its prime location, well-maintained units, and impressive cap rate, this property is an ideal addition to any real estate portfolio. Don’t miss out on this unique opportunity to invest in one of the most stable and lucrative markets in the country.

Units have their own forced air heat systems and Hot water heaters as well as separate gas and electric metering. side yard presents the potential for more improvement but the building is performing as it is right now.

For more information or to schedule a viewing, contact us today!

Last Agent to Sell the Property

Harrison Beacher

Keller Williams Capital Properties License #634687 Listed on: 06/28/2024

Keller Williams Capital Properties

Co-Listed By

Abel Gebremichael

Keller Williams Capital Properties

Last Buyer's Agent

Deresse Harris

DMV Realty, INC.

DMV Realty, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1950

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • 1,930 Sq Ft Lot

Listing and Financial Details

  • The owner pays for insurance, pest control, sewer, snow removal, real estate taxes, trash collection
  • Tax Lot 8
  • Assessor Parcel Number 5426//0008

Community Details

Overview

  • 4 Units

Building Details

  • 1 Vacant Unit
  • Operating Expense $20,500
  • Net Operating Income $87,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,132

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: all installed appliances and fixtures
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: ***Significant price improvement*** This 6-unit residential multi-family building in Southeast Washington, DC, is a rare gem that offers both immediate cash flow and long-term appreciation potential. With its prime location, well-maintained units, and impressive cap rate, this property is an ideal addition to any real estate portfolio. Don’t miss out on this unique opportunity to invest in one of the most stable and lucrative markets in the country. Units have their own forced air heat systems and Hot water heaters as well as separate gas and electric metering. side yard presents the potential for more improvement but the building is performing as it is right now. For more information or to schedule a viewing, contact us today!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Other
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 240

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 Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1930.00
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Owner Pays: Insurance, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5132.00
  • Assessor Parcel Number: 5426//0008
  • Tax Lot: 8
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 03/24/2025

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 108000.00
  • Operating Expense: 20500.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Sold Price
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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
03/24/2025 03/24/25 Sold $800,000 -8.6% --
12/12/2024 12/12/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $875,240 -5.4% --
06/28/2024 06/28/24 For Sale $925,240 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Harrison Beacher

    Seller's Agent in 2025

    Harrison Beacher

    Keller Williams Capital Properties

    (202) 843-8000

    3 in this area

    312 Total Sales

    Harrison Beacher
    Section Image
  • Abel Gebremichael

    Seller Co-Listing Agent in 2025

    Abel Gebremichael

    Keller Williams Capital Properties

    (202) 301-3117

    4 in this area

    144 Total Sales

    Abel Gebremichael
    Section Image

  • D

    Buyer's Agent in 2025

    Deresse Harris

    DMV Realty, INC.

    (703) 564-4000

    2 in this area

    88 Total Sales

    Deresse Harris
    Section Image
  • Yony Kifle

    Buyer Co-Listing Agent in 2025

    Yony Kifle

    EXP Realty, LLC

    (703) 405-5182

    2 in this area

    490 Total Sales

    Yony Kifle
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2148062

Bright MLS

APN: 5426 0008

District of Columbia District of Columbia County Washington 20019 Greenway

240 34th St SE, Washington, DC

This home is located at 240 34th St SE, Washington, DC 20019 and is currently priced at $800,000. This property was built in 1950. 240 34th St SE is a home located in District of Columbia with nearby schools including Kimball Elementary School, Sousa Middle School, and Anacostia High School.

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