$1,500,000

Estimated payment $8,393/month

Total Views 3,670
-- Bed
-- Bath
4,862 Sq Ft
$309 Price per Sq Ft

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

Kalonji Foreman

(202) 910-8831 foremankalonji@gmail.com Compass License #0225219499 Listed on: 10/30/2025

Compass

Co-Listing Agent

Bianca Brooks

(202) 577-5508 bianca.brooks@compass.com Compass License #5006241

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,310

Year Built

Built in 1943 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Federal, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1943
  • Year Renovated: 2021
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 4862
  • Living Area Sq Ft: 4862
  • Price Per Sq Ft: 308.52
  • Above Grade Finished Sq Ft: 4862
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above 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: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4881.00
  • Soil Types: Unknown
  • Zoning: R-5
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6310.00
  • Assessor Parcel Number: 5729/W/0006
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 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

Source: Bright MLS

MLS Number: DCDC2229764

Bright MLS

APN: 5729 W 0006