4261 EDSON PLACE NE
Washington, DC 20019
Price Upon Request
"THE OPPORTUNITY
4261 Edson Place NE presents a rare opportunity to acquire a four-unit multifamily building in the Deanwood/Benning Ridge area of Northeast Washington, DC. The property consists of four 3BR/1BA units, currently 75% occupied with an average in-place rent of $1,971. This asset is well-positioned for either an investor seeking immediate cash flow with long-term upside or an owner-occupant looking to offset housing costs through rental income from additional units.
RENT CONTROL EXEMPT
As a four-unit building, 4261 Edson Place NE qualifies for DC’s rent control exemption for first-time multifamily owners. This exemption allows for market-based rent increases, offering greater flexibility and long-term income growth. For smaller investors, this designation provides a significant strategic advantage over larger, regulated assets.
IDEAL FOR OWNER-OCCUPANT
With one of the four units currently vacant, the property is well-suited for an owner-occupant buyer. Living in one unit while collecting rent from the remaining three offers an efficient path to reduce monthly housing expenses and build equity in a fast-evolving DC submarket.
FAMILY-SIZED FLOORPLANS
Each unit features three bedrooms and one bathroom, offering spacious layouts that appeal to families and long-term tenants. The larger floorplans support higher per-unit income and help meet ongoing demand for affordable, multi-bedroom housing across Northeast DC.
TRANSIT-ACCESSIBLE, PARK-ADJACENT LOCATION
The property is located just a 9-minute walk from the Minnesota Avenue Metro Station (Orange Line), providing direct access to downtown DC, Capitol Hill, and surrounding neighborhoods. It also sits immediately adjacent to Fort Mahan Park, offering green space and ...
Listing Courtesy of: Greysteel Company LLC
202-280-2722
| Listing Id: | DCDC2273334 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 2,310 |
| Tax Annual Amount: | $4,983 |
| Lot Size Square Feet: | 2,807.0 |
| Lot Size Acres: | 0.06 |
| Architectural Style: | Other |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20019 |
| Year Built: | 1950 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Agency |
| Frequency: | Annually |
| Three Bedroom Units: | 4 |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-07-14 |
| State Or Province: | DC |
| Postal Code Plus4: | 8048 |
| Legal Subdivision: | Deanwood |
| Possession: | Other |
| Directions: | . |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 2,310 |
| 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: | Brick |
| Accessibility Features: | None |
| Heating: | Hot Water |
| 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: | Natural Gas |
| Hot Water: | Natural Gas |
| Type: | Other |
| Central Air Yn: | Yes |
| Type Of Parking: | On Street |
| Source Of Measure Bg: | Estimated |
| Area Total: | 2,310 |
| Source Of Measure: | Estimated |
| Assessment Year: | 2025 |
| In City Limits Yn: | Yes |
| City Town Tax: | $4,983.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $605,730.00 |
| Tax Year: | 2025 |
| Zoning: | UNKNOWN |
| Listing Tax: | 5090//0016 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Pool Types: | No Pool |
| Soil Types: | Clay |
| Sewer: | Public Sewer |
| Water Source: | Public |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 26, 2026 10:08 PM - ET
