927 52nd St NE Washington, DC 20019
Deanwood NeighborhoodEstimated payment $5,525/month
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
(202) 387-0777 sabney@cpreb.com Cosmopolitan Properties Real Estate Brokerage Brokerage Phone: 2023870777 Listed on: 07/29/2026
Co-Listing Agent
(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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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 | -- |
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: Bright MLS
MLS Number: DCDC2276422
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Ask me questions while you tour the home.