Beautifully renovated 4-unit multifamily opportunity in the heart of Washington, DC. This turnkey investment has been thoughtfully updated from top to bottom, offering modern finishes, strong rental appeal, and low maintenance ownership for years to come. Spanning two finished levels, this thoughtfully designed property offers spacious 2-bedroom, 1-bath units that blend comfort with versatile urban living.
The building presents two units available at market-rate pricing, one unit income-restricted at 50% AMI, and another at 80% AMI. Please note that an Affordable Housing Covenant and a Declaration of Covenant are required to be recorded on the restricted units, ensuring they remain affordable for a 15-year term from the in-service date, in accordance with DC DHCD requirements.
Ideal for both seasoned investors and owner occupants, this property presents a strategic “house hack” opportunity, live in one unit while renting the remaining three to offset your mortgage and build long term wealth. Priced below appraised value, this asset presents immediate equity and exceptional upside!!
Situated directly across from Oxon Run Park and Trail, residents enjoy immediate access to green space and outdoor recreation, a rare and desirable amenity in this part of the city. The property is also just minutes from Patterson Elementary School, making it attractive to family-oriented tenants, and offers convenient access to the Congress Heights Metro Station, with easy commuter routes into Downtown DC and dining and retail nearby. This prime location supports strong tenant demand and long-term appreciation potential.
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Listing Snapshot
Price
$650,000
Days On Site
109 Days
Bedrooms
8
Inside Area (SqFt)
2,540 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
1943
MLS® Number
DCDC2266696
Status
Active
Property Tax
$4,720
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
3 weeks ago
Status changed to Active
3 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Price changed to $650,000
4 months ago
Listing first seen on site
General Features
Acres
0.08
Foundation
Concrete Perimeter
Number Of Stories
2
Parking
None
Property Sub Type
Multi Family
Sewer
Septic TankPublic Sewer
Special Circumstances
Standard
SqFt Above
2540
SqFt Total
3175
Style
Traditional
Water Source
Public
Zoning
RA-1
Interior Features
Appliances
Electric Water Heater
Cooling
NoneElectric
Heating
ElectricForced Air
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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 TTR Sotheby's International Realty
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