$2,495,000
UNDER CONTRACT NEW CONSTRUCTION

Estimated payment $14,674/month

Total Views 18,446
Studio
-- Bath
3,850 Sq Ft
$648 Price per Sq Ft

Highlights

  • New Construction
  • Solid Hardwood Flooring
  • Property is in excellent condition
  • Contemporary Architecture
  • Cooling Available
  • Heat Pump System

About This Home

Introducing 7319 Georgia Avenue NW, newly constructed, boutique mixed-use building located in the vibrant Brightwood corridor of Upper Northwest Washington, DC. This contemporary property features a total of four units comprised of three residential units ands a ground-level commercial/retail/flex space, offering an exceptional versatility for the investment opportunity at the intersection of urban convenience and neighborhood charm. The building includes a thoughtfully designed mix of residences—ranging from spacious 2-bedroom layouts to premium 3-bedroom, 3-bath 2-level penthouse —showcasing modern finishes, open floor plans, and abundant natural light. The street-level commercial unit provides flexible space ideal for retail, professional office, or creative studio use, with excellent visibility along one of DC’s most active neighborhood corridors, Georgia Avenue, NW. Residents will enjoy walkable access to Whole Foods at the Walter Reed Redevelopment (1 block south), Rock Creek Park, the Takoma and Silver Spring Metro stations, and a growing mix of cafés, restaurants, and local retailers. The Brightwood neighborhood continues to benefit from steady redevelopment, rising demand for quality new housing, and proximity to major employers in downtown DC and Silver Spring. 7319 Georgia Avenue NW offers flexibility, performance, and enduring value in a rapidly growing submarket. Building offered individually, but also available to a single purchaser. VACANT and easy to quickly sell and ideal for a 1031 exchange. Each building is available for sale as a single taxable unit, but the legal work has been done to convert them to condominiums at any point down the line. Also, the adjoining commercial spaces can be joined by removing a section of the wall to create a single larger space if desired.

Listing Agent

Phil Di Ruggiero

(202) 525-5236 tomspier1@gmail.com Engel & Völkers Washington, DC Brokerage Phone: 2025255236 Listed on: 12/01/2025

Engel & Völkers Washington, DC

Co-Listing Agent

Nic Makris

(202) 525-5236 tomspier1@gmail.com Engel & Völkers Washington, DC Brokerage Phone: 2025255236 License #SP200205410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,430

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 1,742 Sq Ft Lot
  • 7321 is also available for sale and is identical (mirrored)
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof
  • Cement Siding

Flooring

  • Solid Hardwood
  • Luxury Vinyl Plank Tile

Laundry

  • Laundry in unit

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2964//0034

Community Details

Overview

  • 4 Units
  • Takoma Subdivision

Building Details

  • 4 Vacant Units
  • Income includes apartment rentals, parking, shop rentals
  • Insurance Expense $3,000
  • Maintenance Expense $6,000
  • Other Expense $750
  • Trash Expense $2,250
  • Net Operating Income $159,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,430

Year Built

Built in 2025 | New Construction

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Other Expense: 750.00
  • Year Built: 2025
  • Automatically Close On Close Date: No
  • Special Features: 130

Interior Features

  • Flooring Type: Solid Hardwood, Luxury Vinyl Plank
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Fully Finished, Rear Entrance, Connecting Stairway
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3850
  • Living Area Sq Ft: 3850
  • Price Per Sq Ft: 818.03
  • Above Grade Finished Sq Ft: 3050
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Brick, Cement Siding, Glass
  • Construction Completed: Yes
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7321 is also available for sale and is identical (mirrored)
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Excellent
  • Soil Types: Urban Land-Beltsville-Chillum
  • Zoning: MU-4
  • Zoning Description: Mixed-Use
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Lease Considered: No
  • Owner Pays: Trash Collection, Taxes - Real Estate, Snow Removal, Repairs, Pest Control, Management, Insurance, Common Area Maintenance
  • Rent Control: No
  • Total Actual Rent: 184800.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13430.00
  • Assessor Parcel Number: 2964//0034
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 4
  • Income Includes: Apartment Rentals, Parking, Shop Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $13,430 $813,940 $256,700 $557,240
2024 $35,139 $702,780 $256,700 $446,080
2023 $9,173 $555,940 $251,670 $304,270
2022 $29,503 $590,060 $251,670 $338,390
2021 $10,002 $606,160 $251,670 $354,490
2020 $30,025 $600,500 $228,790 $371,710
2019 $9,808 $594,410 $207,990 $386,420
2018 $4,417 $404,310 $0 $0
2017 $0 $376,800 $0 $0
2016 $0 $351,430 $0 $0
2015 -- $367,390 $0 $0
2014 -- $355,840 $0 $0
Source: Public Records

Property History

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
12/01/2025 12/01/25 For Sale $2,495,000 -- $648 / Sq Ft
Source: Bright MLS

Purchase History

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 Type Sale Price Title Company
Special Warranty Deed $600,000 None Available
Source: Public Records

Mortgage History

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 Status Loan Amount Loan Type
Open $1,983,000 New Conventional
Closed $480,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: DCDC2233220

Bright MLS

APN: 2964-0034

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