589 Columbia Rd NW Washington, DC 20001
Park View NeighborhoodEstimated payment $7,360/month
Highlights
- 0.11 Acre Lot
- 90% Forced Air Heating and Cooling System
- 4-minute walk to Bruce Monroe Park
- Colonial Architecture
About This Home
Great investment opportunity!! Ideal location!! Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Location! Location! Location! Great possibilities! Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Big Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Exercise caution when exploring premises. Home Harmless Agreement required.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,602
Year Built
- Built in 1980
Lot Details
- 4,791 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
Utilities
- 90% Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 825
- Assessor Parcel Number 3051//0825
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/28/2025 03/28/25 | For Sale | $1,200,000 | 0.0% | -- |
03/27/2025 03/27/25 | For Sale | $1,200,000 | -- | -- |
Source: Bright MLS
MLS Number: DCDC2186456

APN: 3051 0825
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