$450,000
$30K PRICE DROP

825 48th Place NE Washington, DC 20019

Deanwood Neighborhood

Estimated payment $2,702/month

Total Views 499
-- Bed
-- Bath
2,632 Sq Ft
$171 Price per Sq Ft

About This Home

825 48th Pl NE | Exceptional 4-Unit Investment Property – One unit will be available(VACANT) starting January 1st, giving owner-occupant buyers the perfect opportunity to move in immediately while benefiting from rental income from the three remaining apartments! Don’t miss out on this chance to live and invest simultaneously! Solid all-brick 4-unit multifamily building in Northeast DC, each unit offering 1 bedroom and 1 bathroom. The property is fully occupied, generating steady income with leases available for review in the document section. This building presents a substantial value-add improvement to increase long-term returns. Conveniently located near major commuter routes, Deanwood Metro, and ongoing neighborhood redevelopment, this is an attractive opportunity for both experienced and first-time multifamily investors. Offered as-is, priced competitively for immediate cash flow and future upside.

Listing Agent

Abel Gebremichael

(202) 301-3117 abel@coalitionpg.com Keller Williams Capital Properties Listed on: 12/12/2025

Keller Williams Capital Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,044

Year Built

  • Built in 1952

Lot Details

  • 1,188 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,632 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • 2-Story Building

Listing and Financial Details

  • Assessor Parcel Number 5149//0816

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,044

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 2632
  • Living Area Sq Ft: 2632
  • Price Per Sq Ft: 170.97
  • Above Grade Finished Sq Ft: 2632
  • Above Grade Finished Area Units: Square Feet

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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1188.00
  • Soil Types: Urban Land-Cristiana-Sunnysider
  • Zoning: R*2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4044.00
  • Assessor Parcel Number: 5149//0816
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
12/22/2025 12/22/25 Price Changed $450,000 -6.3% $171 / Sq Ft
12/12/2025 12/12/25 For Sale $480,000 -- $182 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2234790

Bright MLS

APN: 5149 0816

District of Columbia District of Columbia County Washington 20019 Deanwood

825 48th Place NE, Washington, DC

For Sale

MultiFamily

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Nearby Homes
Abel Gebremichael
Listing Agent
Abel Gebremichael
Section Image
Keller Williams Capital Properties
(202) 601-0160