$850,000
$100K PRICE DROP

Estimated payment $4,875/month

Total Views 3,737
Studio
-- Bath
5,560 Sq Ft
$153 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Cooling Available
  • Hot Water Heating System

About This Home

**Attention Investors: Deep Value-Add 6-Unit Multifamily Package** Discover the untapped potential of this 6-unit, two-building portfolio in Washington, D.C. While the property requires significant capital expenditure, it is priced to reflect a high-yield repositioning opportunity. **Current Status:** Five out of six units are occupied, generating a stable rental income **Opportunity:** One vacant unit offers the opportunity to immediately renovate. **Profit Driver:** There is a clear pathway to substantial rent increases through comprehensive cosmetic and system upgrades throughout the portfolio. The property is being sold AS-IS. Bring your vision, construction team, and value-add strategy to unlock significant equity in this prime investment opportunity.

Listing Agent

Abel Gebremichael

(202) 243-7700 abel@coalitionpg.com Keller Williams Capital Properties Brokerage Phone: 2022437700 Listed on: 12/05/2025

Keller Williams Capital Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,526

Year Built

  • Built in 1941

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 5,560 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 834
  • Assessor Parcel Number 4255//0834

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • Operating Expense $450
  • Gross Income $50,640
  • Net Operating Income $40,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,526

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 12/5/2025 12:00:00 AM
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 5560
  • Living Area Sq Ft: 5560
  • Price Per Sq Ft: 152.88
  • Above Grade Finished Sq Ft: 5560
  • 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: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Soil Types: Chillum-Urban Land Complex
  • Zoning: R-1B
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate, Water, Trash Collection
  • Rent Control: Yes
  • Total Actual Rent: 74640.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5526.00
  • Assessor Parcel Number: 4255//0834
  • Tax Lot: 834
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 50640.00
  • Gross Scheduled Income: 50640.00
  • Operating Expense: 450.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Vacancy Allowance Rate: 34.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

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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 $5,526 $650,160 $316,160 $334,000
2024 $5,439 $639,900 $311,400 $328,500
2023 $5,184 $609,870 $293,440 $316,430
2022 $4,789 $563,400 $268,160 $295,240
2021 $4,510 $530,600 $261,490 $269,110
2020 $4,224 $496,990 $257,590 $239,400
2019 $4,019 $472,850 $253,650 $219,200
2018 $3,635 $427,660 $0 $0
2017 $3,384 $398,130 $0 $0
2016 $2,900 $341,130 $0 $0
2015 $2,596 $305,360 $0 $0
2014 $2,141 $251,920 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2026 02/02/26 Price Changed $850,000 -10.5% $153 / Sq Ft
12/05/2025 12/05/25 For Sale $950,000 -- $171 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2232606

Bright MLS

APN: 4255 0834

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