Seller's Agent in 2026
Christian Barreiro
Horvath & Tremblay MD, LLC
(443) 803-1848
2 in this area
12 Total Sales
OPPORTUNITY: Palisades 4-unit apartment building. Two of the four units are currently vacant, creating flexibility for both investors and owner-occupants. A buyer could occupy one unit while generating income from the remaining apartments, or an investor may pursue selective renovations to further enhance rents and overall property performance. recently renovated one- and
two-bedroom units in nearby properties are achieving rents of up to approximately $2,700 and $3,900 per month, respectively, benefitting from the proximity to multiple universities and nearby hospitals. RENT CONTROL EXEMPT & TOPA EXEMPT: The Property is currently exempt from rent control, and for purchasers who own four or fewer units in Washington, DC, the exemption can continue after acquisition. Compared to many multifamily investments in the District, this status provides additional flexibility for implementing rent adjustments and executing value-add strategies to enhance income. The District of Columbia recently enacted the RENTAL Amendment Act of 2025, which as of January 2026 exempts almost all 4-unit residential buildings from the Tenant Opportunity to Purchase Act (TOPA) eliminating previously unpredictable transaction costs and allowing for clear timelines to closing. SIGNIFICANT IMPROVEMENTS COMPLETED: The property has undergone some meaningful and cost-saving capital
improvements including a roof replacement, upgraded 400 amp electrical service to the building, a recently replaced sewer line, and updated vinyl windows. LARGE BASEMENT WITH FUNCTIONAL SPACE: Unlike many buildings of similar vintage in Washington, DC that feature crawl spaces, the Property includes an accessible lower level with close to 7 feet of ceiling height that spans the footprint of the building. The basement currently houses the building’s laundry area, tenant storage, and mechanical systems, including the house water heater and individual gas boilers serving each unit. LARGE LOT: OUTDOOR SPACE & DEVELOPMENT POTENTIAL: The Property is situated on a 6,041 square foot (0.14-acre) lot that provides residents
with generous outdoor green space. The parcel is zoned RA-1, which based on current zoning guidelines allows for more than 7,800 gross square feet of potential development density. This provides a future owner the opportunity to explore expansion, additional units, or potential condominium conversion, subject to approvals.
Last Agent to Sell the Property
(781) 776-4000 cbarreiro@htapartments.com Horvath & Tremblay MD, LLC Brokerage Phone: 7817764000 Listed on: 04/01/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2026 05/14/26 | Sold | $1,180,000 | -7.5% | $347 / Sq Ft |
| 04/23/2026 04/23/26 | Pending | -- | -- | -- |
| 04/01/2026 04/01/26 | For Sale | $1,275,000 | 0.0% | $375 / Sq Ft |
| 02/15/2023 02/15/23 | Rented | $1,700 | 0.0% | -- |
| 01/27/2023 01/27/23 | Under Contract | -- | -- | -- |
| 01/13/2023 01/13/23 | For Rent | $1,700 | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,415 | $1,342,910 | $703,370 | $639,540 |
| 2024 | $11,172 | $1,314,400 | $699,890 | $614,510 |
| 2023 | $10,774 | $1,267,520 | $672,220 | $595,300 |
| 2022 | $10,071 | $1,184,870 | $631,940 | $552,930 |
| 2021 | $9,600 | $1,129,460 | $628,780 | $500,680 |
| 2020 | $9,156 | $1,077,150 | $612,470 | $464,680 |
| 2019 | $8,649 | $1,017,520 | $595,230 | $422,290 |
| 2018 | $8,193 | $963,920 | $0 | $0 |
| 2017 | $7,699 | $905,810 | $0 | $0 |
| 2016 | $7,343 | $863,920 | $0 | $0 |
| 2015 | $7,213 | $848,560 | $0 | $0 |
| 2014 | $6,827 | $803,190 | $0 | $0 |
Seller's Agent in 2026
Christian Barreiro
Horvath & Tremblay MD, LLC
(443) 803-1848
2 in this area
12 Total Sales
M
Buyer's Agent in 2026
Mr. Dag Alemayehu
Samson Properties
(202) 222-5704
1 in this area
61 Total Sales
Seller's Agent in 2023
David Goldberg
Goldberg Group Real Estate
(301) 233-6501
113 Total Sales
Buyer's Agent in 2023
Jane Fairweather
Long & Foster
(240) 223-4663
232 Total Sales
Source: Bright MLS
MLS Number: DCDC2253484
APN: 1356 0864
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