2859 DENVER STREET SE
Washington, DC 20020
Price Upon Request
PRICE IMPROVEMENT! Fully renovated 5-unit multifamily in Naylor Gardens, 100% occupied and producing income from day one. Five furnished 1BR/1BA units, each with in-unit washer/dryer, smart TV and dedicated workspace. Comprehensively renovated in 2025; roof replaced in 2018. All-electric with separate meters for each unit; utilities are currently included in rent, giving a new owner flexibility. Current NOI $54,635 on actual trailing-12-month collections (8.35% cap rate at list price); pro forma NOI $63,802 (9.76% cap) with all units at $1,800/month. Priced at $130,800 per unit, below the recent 20020 multifamily sales average. Located in a Federal Opportunity Zone and HUBZone. Safeway is 0.1 mile away, and Skyland Town Center, with Lidl and new retail and housing under construction, is 0.3 mile away. Offering Memorandum with full financials available to qualified buyers.
Listing Courtesy of: Samson Properties
202-670-7029
| Listing Id: | DCDC2253442 |
|---|---|
| Property Type: | Commercial Sale |
| Property Sub Type: | Five Or More Units |
| Status: | Active |
| Tax Annual Amount: | $5,863 |
| Lot Size Square Feet: | 4,560.0 |
| Lot Size Acres: | 0.1 |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20020 |
| Year Built: | 1943 |
| Number Of Units Total: | 5 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Financing Types: | Cash, Conventional |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-04-25 |
| Expected On Market Date: | 2026-04-25 |
| State Or Province: | DC |
| Postal Code Plus4: | 3042 |
| Legal Subdivision: | Hillcrest |
| Possession: | Settlement, Subject to Existing Lease |
| Directions: | Use GPS |
| Elementary School: | STANTON |
| Elementary School Source: | 3rd Party |
| High School: | ANACOSTIA SENIOR |
| High School Source: | 3rd Party |
| Middle Or Junior School: | KRAMER |
| Middle School Source: | 3rd Party |
| School District Sources: | 3rd Party |
| School District Key: | 121140357950 |
| Cooling: | Central A/C |
| Construction Materials: | Brick |
| Flooring: | Luxury Vinyl Plank |
| Building Area Total: | 3,780.0 |
| Accessibility Features: | None |
| Heating: | Hot Water |
| Heating?: | Yes |
| Building Area Source: | Assessor |
| Roof: | Built-Up, Flat |
| Stories Total: | 2 |
| Parking Total: | 5 |
| Year Built Effective: | 2025 |
| Year Built Source: | Assessor |
| Property Condition: | Very Good |
| Basement Yn: | No |
| Cooling Fuel: | Electric |
| Elevators: | 0 |
| Heating Fuel: | Electric |
| Hot Water: | Electric |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1, Unit 1 |
| Net Square Feet: | 3,125.0 |
| Total Restrooms: | 5 |
| Central Air Yn: | Yes |
| Type Of Parking: | On Street |
| Total Garage And Parking Spaces: | 5 |
| Assessment Year: | 2025 |
| In City Limits Yn: | Yes |
| City Town Tax: | $5,863.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $678,110.00 |
| Tax Year: | 2025 |
| Zoning: | R-5-A |
| Listing Tax: | 5643//0004 |
| Auto Update Tax Data Yn: | Yes |
| Inclusions: | Furniture, security cameras, smart locks |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Assessor |
| Lot Size Units: | Square Feet |
| Soil Types: | Unknown |
| Total Actual Rent: | $97,172 |
| Security Features: | Smoke Detector, SecuritySystem, Exterior Cameras, Main Entrance Lock, Surveillance Sys |
| Sewer: | Public Sewer |
| Utilities: | Water Available, Sewer Available, Electric Available |
| Water Source: | Public |
| Business Type: | Apartment Building |
| Transportation: | Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Airport less than 10 miles |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Num Car Parking Spaces: | 5 |
| Building Classification: | Class B |
| Tax Opportunity Zone Yn: | Yes |
| Short Sales: | No |
| Fencing Yn: | Yes |
| Tenancy Svo: | Multiple |
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
