NOT LISTED FOR SALE
Studio
4 Baths
5,072 Sq Ft
2,375 Sq Ft Lot

Sale Details

Date Sold: December 5, 2023

Last sale price $2,150,000 $424 Per Sq Ft

101 Days on Market

Highlights

  • Built in 2009 | Newly Remodeled
  • 3-minute walk to Shaw-Howard U
  • Forced Air Heating and Cooling System
  • Garrison Elementary School Rated 9+
  • Victorian Architecture
  • 3-minute walk to French Street Park

About This Home

As of December 2023

Represented by Engel & Völkers - This large and charming 4-unit apartment building located on the corner of 9th & R Street, NW just 1 Block from the Shaw metro and the Shaw Library, is close to Logan circle and convenient to downtown DC. The building was built new in 2009 to historical design and each unit features 2 bedrooms and 2 baths, high ceilings, hardwood floors, washer and dryer in the unit, gas stoves and a dishwashers. There is a large front and rear stairwell that serves the units and a secure parking lot in the rear of the building which fits 4 cars in 2 tandem spots is easily accessible. *** All units are occupied on both month-to-month and term leases. This stable investment property has good cash flow AND multiple opportunities for future investment returns. *** This building is built on the site of the former Louis Thomas Cabaret, where DC native Duke Ellington got his start by playing piano at nights before forming his own band. The building can be kept as a rental or eventually converted into condominiums if desired. Showings are possible by appointment.

Last Agent to Sell the Property

Phil Di Ruggiero

(202) 525-5236 tomspier1@gmail.com Engel & Völkers Washington, DC Listed on: 07/03/2023

Engel & Völkers Washington, DC

Last Buyer's Agent

Kornelia Stuphan

(202) 483-6300 kstuphan@me.com Long & Foster Real Estate, Inc. License #0225188851

Long & Foster Real Estate, Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,723

Year Built

  • Built in 2009 | Newly Remodeled

Lot Details

  • 2,375 Sq Ft Lot
  • Historic Home
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Finished Basement
  • Front and Rear Basement Entry

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Secure Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0363//0001

Community Details

Overview

  • 4 Units
  • 4-Story Building
  • Shaw Subdivision

Building Details

  • Rent Control
  • Net Operating Income $111,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,723

Year Built

Built in 2009 | Newly Remodeled

Lot Details

2,375 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: Yes
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Front Entrance, Rear Entrance, Fully Finished
  • Total Sq Ft: 5436
  • Living Area Sq Ft: 5072
  • Price Per Sq Ft: 563.61
  • Above Grade Finished Sq Ft: 4072
  • Below Grade Finished Sq Ft: 1000
  • Below Grade Sq Ft: 364
  • Total Below Grade Sq Ft: 1364
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Parking Features: Concrete Driveway, Secure Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: 3rd Party

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2375.00
  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 3
  • Rent Control: Yes
  • Total Actual Rent: 148680.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 20723.00
  • Assessor Parcel Number: 0363//0001
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Dec 5, 2023
Sold by
Bought by
Seller's Agent
Phil Di Ruggiero
Engel & Völkers Washington, DC
Buyer's Agent
Kornelia Stuphan
Long & Foster Real Estate, Inc.
List Price
$2,295,000
Sold Price
$2,150,000
Premium/Discount to List
-$145,000
-6.32%
Views
79

Purchase Details

Closed on
Sep 15, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$2,150,000 Paragon Title
$135,900 --
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
12/05/2023 12/05/23 Sold $2,150,000 -6.3% $424 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $2,295,000 -- $452 / Sq Ft
Source: Bright MLS

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 $21,520 $2,527,040 $665,480 $1,861,560
2024 $21,496 $2,528,970 $662,170 $1,866,800
2023 $21,329 $2,509,250 $661,250 $1,848,000
2022 $20,723 $2,438,000 $647,350 $1,790,650
2021 $19,338 $2,275,090 $640,940 $1,634,150
2020 $18,551 $2,182,440 $614,600 $1,567,840
2019 $18,338 $2,157,380 $585,530 $1,571,850
2018 $18,596 $2,187,760 $0 $0
2017 $16,836 $1,980,750 $0 $0
2016 $15,483 $1,821,580 $0 $0
2015 $13,460 $1,583,560 $0 $0
2014 $12,522 $1,473,170 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DCDC2102676

Bright MLS

APN: 0363 0001

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