$1,050,000
UNDER CONTRACT

4013 Gault Place NE Washington, DC 20019

Mahaning Heights Neighborhood

Estimated payment $6,595/month

Total Views 4,750
-- Bed
-- Bath
5,076 Sq Ft
$207 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 3-minute walk to Minnesota Avenue

About This Home

Welcome to 4013 Gault Place NE, a fully renovated and VACANT six-unit apartment building ideally situated in the heart of the rapidly growing Deanwood neighborhood of Washington, DC. Just steps from the Minnesota Avenue Metro Station, this property presents a rare and exciting opportunity for investors.Gut-renovated within the past few years, the building features modernized systems, updated electrical, new appliances, and refreshed exteriors—making it move-in ready for tenants. With market rents for two-bedroom units estimated at approximately $2,400 per month, the property is positioned for strong and immediate income potential.The unbeatable location offers unparalleled connectivity via the Minnesota Avenue Metro Station, serving the Orange and Silver lines, as well as quick access to major roadways, including I-295, I-495, I-95, and Route 50. Tenants will also benefit from the nearby Minnesota Avenue retail corridor, which provides convenient shopping, dining, and an array of amenities, with more on the horizon as the neighborhood continues to evolve.Don’t miss this exceptional investment opportunity to own a fully updated, high-income-potential property in one of DC’s most up-and-coming neighborhoods.

Listing Agent

Ari Firoozabadi

midatlanticmf@greysteel.com Greysteel Company LLC License #0225081719 Listed on: 01/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953 | Remodeled in 2024

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 5,076 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Central Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Private Sewer

Community Details

  • 4 Units
  • 6 Vacant Units

Listing and Financial Details

  • Tax Lot 805
  • Assessor Parcel Number 5077//0805

Property Details

Home Type

Multi-Family

Year Built

Built in 1953 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1953
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 4013 Gault Place NE, a fully renovated and VACANT six-unit apartment building ideally situated in the heart of the rapidly growing Deanwood neighborhood of Washington, DC. Just steps from the Minnesota Avenue Metro Station, this property presents a rare and exciting opportunity for investors. Gut-renovated within the past few years, the building features modernized systems, updated electrical, new appliances, and refreshed exteriors—making it move-in ready for tenants. With market rents for two-bedroom units estimated at approximately $2,400 per month, the property is positioned for strong and immediate income potential. The unbeatable location offers unparalleled connectivity via the Minnesota Avenue Metro Station, serving the Orange and Silver lines, as well as quick access to major roadways, including I-295, I-495, I-95, and Route 50. Tenants will also benefit from the nearby Minnesota Avenue retail corridor, which provides convenient shopping, dining, and an array of amenities, with more on the horizon as the neighborhood continues to evolve. Don’t miss this exceptional investment opportunity to own a fully updated, high-income-potential property in one of DC’s most up-and-coming neighborhoods.
  • Special Features: 130
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Room Count: 12
  • Total Sq Ft: 5076
  • Living Area Sq Ft: 5076
  • Price Per Sq Ft: 206.86
  • Above Grade Finished Sq Ft: 5076
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4013

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 Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Schools

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Units Furnished: Some
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 47011.00
  • Assessor Parcel Number: 5077//0805
  • Tax Lot: 805
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 6

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
03/24/2025 03/24/25 Price Changed $1,050,000 0.0% $207 / Sq Ft
03/24/2025 03/24/25 For Sale $1,050,000 -12.5% $207 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $1,199,999 -- $236 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2174580

Bright MLS
District of Columbia District of Columbia County Washington 20019 Mahaning Heights

4013 Gault Place NE, Washington, DC

This home is located at 4013 Gault Place NE, Washington, DC 20019 and is currently priced at $1,050,000, approximately $206 per square foot. This property was built in 1953. 4013 Gault Place NE is a home located in District of Columbia with nearby schools including Aiton Elementary School, Kelly Miller Middle School, and H.D. Woodson High School.

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Listing Agent
Ari Firoozabadi
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