Investment opportunity! A tremendous chance to purchase, renovate, and stabilize this 4-unit, 1-bedroom/1-bathroom quadruplex in the heart of Anacostia—ideal for investors seeking strong cash flow or developers eyeing a condo conversion.
Each unit includes a private kitchen, and the building holds a valid Certificate of Occupancy for four units, ensuring legal compliance and flexibility. With potential rents of \$1,500 per unit, the property offers an excellent path to achieving an 8% or higher CAP rate once stabilized.
Major systems—including the roof, electrical, and plumbing—were replaced in 2019, so the building now only needs interior cosmetic renovations. There’s also ample space for expansion, adding even more long-term upside.
Located just one block from Martin Luther King Jr. Avenue, three blocks from the Anacostia Gateway, and near the future Anacostia Arts & Business District and I-295, this property sits in a rapidly growing neighborhood with tremendous rental demand.
Sold strictly as is. Owner will make no repairs.
Don't miss this opportunity to unlock serious value and long-term returns in one of DC’s most promising neighborhoods!
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$500,000
Days On Site
470 Days
Bedrooms
4
Inside Area (SqFt)
3,488 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1929
MLS® Number
DCDC2206812
Status
Active Under Contract
Property Tax
$5,363
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
2 months ago
Listing updated with changes from the MLS®
a year ago
Status changed to Active Under Contract
a year ago
Price changed to $500,000
a year ago
Listing first seen on site
General Features
Acres
0.05
Foundation
Other
Parking
On Street
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2448
SqFt Below
1040
SqFt Total
3672
Style
Traditional
Utilities
Natural Gas AvailableSewer AvailableWater Available
Water Source
Public
Zoning
R-3
Interior Features
Cooling
NoneElectric
Flooring
CarpetHardwood
Furnished?
None
Heating
Natural GasNone
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Capital Properties
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.