2506 N STREET SE
Washington, DC 20019
Price Upon Request
"THE OPPORTUNITY
2506 N Street SE presents a four-unit multifamily opportunity in the Randle Highlands neighborhood of Southeast Washington, DC. The property includes a well-balanced unit mix of two 2BR/1BA units and two 3BR/1BA units. Currently 75% occupied with an average in-place rent of $1,800, the property is ideal for both investors and owner-occupants looking to build equity in a growing submarket.
RENT CONTROL EXEMPT
As a four-unit property, 2506 N Street SE qualifies for DC’s rent control exemption for first-time multifamily owners. This status allows for market-based rent increases, providing greater flexibility in rent strategy and income growth than larger, rent-controlled assets.
IDEAL FOR OWNER-OCCUPANT
With one of the four units currently vacant, the property presents an excellent opportunity for an owner-occupant to live on-site while collecting income from the remaining units. This approach provides a cost-effective path to homeownership while benefiting from steady rental income and long-term appreciation.
DIVERSE, RENTABLE UNIT MIX
The unit mix of two 2BR and two 3BR layouts supports broad tenant appeal, from smaller households to larger families or roommate groups. Spacious floorplans offer a competitive advantage in a rental market where demand for affordable multi-bedroom housing remains high.
ACCESS TO PARKS AND OUTDOOR SPACE
The property is located immediately adjacent to River Park and just a four-minute walk to Fort Dupont Park, one of DC’s largest and most historic green spaces. These amenities offer significant appeal to renters seeking outdoor access and family-friendly environments within city limits.
WELL-SERVED BY TRANSIT
2506 N Street SE ...
Listing Courtesy of: Greysteel Company LLC
202-280-2722
| Listing Id: | DCDC2273344 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 3,480 |
| Tax Annual Amount: | $5,928 |
| Lot Size Square Feet: | 3,262.0 |
| Lot Size Acres: | 0.07 |
| Architectural Style: | Other |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20019 |
| Year Built: | 1941 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Agency |
| Frequency: | Annually |
| Three Bedroom Units: | 2 |
| Two Bedroom Units: | 2 |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-07-14 |
| State Or Province: | DC |
| Postal Code Plus4: | 1015 |
| Legal Subdivision: | Hillcrest |
| Possession: | Other |
| Directions: | . |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 3,480 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area Source: | Estimated |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | Central A/C |
| Construction Materials: | Stucco |
| Accessibility Features: | None |
| Heating: | Central |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Estimated |
| Living Area Source: | Estimated |
| Other Structures: | Above Grade, Below Grade |
| Year Built Source: | Estimated |
| Basement Yn: | No |
| Below Grade Unfinished Area Source: | Estimated |
| Below Grade Unfinished Area Units: | Square Feet |
| Cooling Fuel: | None |
| Heating Fuel: | Electric |
| Hot Water: | Electric |
| Type: | Other |
| Central Air Yn: | Yes |
| Type Of Parking: | None |
| Source Of Measure Bg: | Estimated |
| Area Total: | 3,480 |
| Source Of Measure: | Estimated |
| Assessment Year: | 2025 |
| City Town Tax: | $5,928.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $669,180.00 |
| Tax Year: | 2025 |
| Zoning: | RA-1 |
| Listing Tax: | 5554//0814 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Pool Types: | No Pool |
| Soil Types: | Unknown |
| Sewer: | Other |
| Water Source: | Community |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
Copyright 2026 Bright MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Bright MLS. Real estate listings held by brokerage firms other than the owner of this page include the name of the listing broker. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Bright MLS data last updated on October 26, 2026 09:23 PM - ET
Property Last Updated: October 26, 2026 09:23 PM - ET
