$875,000

Estimated payment $5,525/month

Studio
-- Bath
5,954 Sq Ft
$147 Price per Sq Ft

Highlights

  • 0.14 Acre Lot
  • Window Unit Cooling System
  • Radiator
  • Traditional Architecture

About This Home

Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 10% cap rate, and delivers positive cash flow from day one. This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies. Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient. The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization. Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside.

Listing Agent

Sonya Abney

(202) 387-0777 sabney@cpreb.com Cosmopolitan Properties Real Estate Brokerage Brokerage Phone: 2023870777 Listed on: 07/29/2026

Co-Listing Agent

Sandra Michael

(202) 387-0777 sharrisebaltimore@yahoo.com Cosmopolitan Properties Real Estate Brokerage Brokerage Phone: 2023870777

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,090

Year Built

  • Built in 1953

Lot Details

  • 6,250 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 5,954 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 815
  • Assessor Parcel Number 5199//0815

Community Details

Overview

  • 4 Units
  • Deanwood Subdivision

Building Details

  • Net Operating Income $94,564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,090

Year Built

Built in 1953

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 5954
  • Living Area Sq Ft: 5954
  • Price Per Sq Ft: 146.96
  • Above Grade Finished Sq Ft: 5954
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Soil Types: Unknown
  • Zoning: MULTI-FAMILY
  • In City Limits: Yes

Rental Info

  • Units Leased Count: 9
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9090.00
  • Assessor Parcel Number: 5199//0815
  • Tax Lot: 815
  • County Tax Payment Frequency: Annually
  • Tax Year: 2026

Multi Family

  • Gross Income: 122604.00

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 $9,077 $1,067,930 $252,250 $815,680
2024 $10,133 $1,192,090 $252,250 $939,840
2023 $9,574 $1,126,400 $247,310 $879,090
2022 $9,422 $1,108,440 $247,310 $861,130
2021 $9,644 $1,134,550 $247,310 $887,240
2020 $8,602 $1,012,010 $224,810 $787,200
2019 $7,687 $904,400 $204,380 $700,020
2018 $7,384 $868,650 $0 $0
2017 $6,656 $783,010 $0 $0
2016 $6,092 $716,750 $0 $0
2015 $6,093 $716,800 $0 $0
2014 $5,958 $700,900 $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 Prior Sale
07/29/2026 07/29/26 For Sale $875,000 +94.4% $147 / Sq Ft
08/02/2013 08/02/13 Sold $450,000 -18.2% -- View Prior Sale
05/24/2013 05/24/13 Pending -- -- --
11/18/2011 11/18/11 For Sale $550,000 -- --
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
Warranty Deed $450,000 --
Warranty Deed $350,000 --
Deed $114,000 --
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
Previous Owner $262,500 Commercial
Previous Owner $91,200 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: DCDC2276422

Bright MLS
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