2822 28th St SE Washington, DC 20020
Garfield Heights NeighborhoodEstimated payment $8,393/month
About This Home
Introducing an exceptional 6-Unit investment opportunity in Washington, DC! Welcome to 2822 28th Street, SE a charming completely renovated vacant TOPA free multifamily, located in the sought-after area of Washington, DC. This well-maintained building, constructed in 1943, boasts a total of 4,856 square feet and sits on a land area of 4,481 square feet with 10 bedrooms and 6 bathrooms offering the savvy investor a lucrative opportunity with a projected cap rate of 8.11% within a market cap rate of 5%. This property presents a compelling opportunity for a new or seasoned investors seeking a stable return. The units are projected to yield an annual total income of $169,800. This property is not just a place to live but also a savvy investment choice in a prime location. Residents will enjoy the added convenience of three dedicated parking spaces. Ideally located, this property is just steps from the lush expanses of Dupont Park and the scenic beauty of Hillcrest Garden, making it perfect for outdoor enthusiasts. For the active nature lovers, the proximity to the George Washington Carver Nature Trail offers a tranquil escape into the area's natural beauty. The Anacostia Neighborhood Library, with its wealth of resources and community programs, is also nearby. Whether you're an investor aiming to expand your portfolio or seeking a multifamily property with strong income potential, this apartment building provides an unparalleled opportunity. Don't miss the chance to own and add a valuable asset to your portfolio in the vibrant DC market!
Listing Agent
(202) 910-8831 foremankalonji@gmail.com Compass License #0225219499 Listed on: 10/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,310
Year Built
- Built in 1943 | Remodeled in 2021
Lot Details
- 4,881 Sq Ft Lot
Parking
- Driveway
Home Design
- 4,862 Sq Ft Home
- Quadruplex
- Federal Architecture
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Utilities
- Hot Water Heating System
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 5729/W/0006
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $1,500,000 | +289.6% | $309 / Sq Ft | |
| 03/14/2018 03/14/18 | Sold | $385,000 | 0.0% | $145 / Sq Ft | View Prior Sale |
| 01/19/2018 01/19/18 | Pending | -- | -- | -- | |
| 01/19/2018 01/19/18 | Price Changed | $385,000 | -14.4% | $145 / Sq Ft | |
| 01/19/2018 01/19/18 | For Sale | $450,000 | -- | $170 / Sq Ft |
Source: Bright MLS
MLS Number: DCDC2229764
APN: 5729 W 0006
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