NOT LISTED FOR SALE
Studio
5 Baths
2,788 Sq Ft
4,800 Sq Ft Lot Lot

Sale Details

Date Sold: June 11, 2015

Last sale price $300,000 $108 Per Sq Ft

87 Days on Market

About This Home

As of June 2015

Don't miss this rare investment opportunity in the vibrant Congress Heights neighborhood of Washington, D.C. This well-maintained, solid brick four-unit multifamily property offers immediate rental income and strong long-term growth potential. Recently updated, the building provides peace of mind for investors looking for a low-maintenance, cash-flowing asset. One unit is currently vacant, perfect for owner-occupants or easy showings, while the other three units are on month-to-month leases, offering flexibility for rent adjustments or future repositioning. Located on the left side of a duplex with four units per side, this property offers excellent value in a rapidly developing area. With easy access to Navy Yard, National Harbor, and downtown D.C., this is an ideal opportunity to invest in a high-demand location poised for continued growth. Photos may be virtually staged

Last Agent to Sell the Property

Malika C. Jackson

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC Listed on: 12/29/2014

Smart Realty, LLC

Last Buyer's Agent

Burks Holland

(301) 769-6388 btholland3@gmail.com Bankers Real Estate Brokerage Firm LLC. License #BR98366250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1936

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 5983//0041

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Congress Heights Subdivision

Building Details

  • Operating Expense $7,451
  • Net Operating Income $28,789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1936

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 118.01

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No

Lot Info

  • Improvement Assessed Value: 88070.00
  • Land Assessed Value: 111890.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 4800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Soil Types: Unknown
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16105831
  • Tax Annual Amount: 1699.66
  • Assessor Parcel Number: 5983//0041
  • Tax Lot: 41
  • Tax Year: 2013

Multi Family

  • Gross Income: 36247.00
  • Operating Expense: 7451.00
  • Vacancy Allowance Rate: 50.00
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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
02/26/2026 02/26/26 For Sale $450,000 +50.0% $161 / Sq Ft
06/11/2015 06/11/15 Sold $300,000 -13.5% $108 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $347,000 -- $124 / Sq Ft
Source: Bright MLS

Tax History

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 $5,130 $603,510 $163,060 $440,450
2024 $4,996 $587,770 $158,880 $428,890
2023 $4,812 $566,120 $154,370 $411,750
2022 $4,358 $512,660 $147,220 $365,440
2021 $3,936 $463,050 $143,520 $319,530
2020 $3,642 $428,440 $135,500 $292,940
2019 $3,518 $413,830 $132,530 $281,300
2018 $2,544 $299,320 $0 $0
2017 $2,494 $293,360 $0 $0
2016 $2,043 $240,400 $0 $0
2015 $1,837 $216,160 $0 $0
2014 $1,686 $198,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003286520

Bright MLS

APN: 5983 0041

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