501 32ND STREET SE
Washington, DC 20019
Price Upon Request
Welcome to a rare, turnkey opportunity in the heart of SE Washington, DC. This isn't just a renovation; it’s a complete transformation. With over $250,000 invested in a top-to-bottom overhaul, 501 32nd St SE has been reimagined as a sophisticated four-unit multifamily property that offers the peace of mind of new construction backed by the enduring strength of its original masonry.
Virtually almost every component of this building is brand new. The structure was extensively gutted and rebuilt with new framing, joists, studs, and supports. Beyond the foundation and the exterior brick, everything has been replaced: a new roof, high-efficiency HVAC systems, updated plumbing, modern electrical, and energy-efficient windows throughout.
Inside, each of the four units exudes contemporary style. You’ll find designer paint schemes, hardwood flooring, and sleek new cabinetry paired with modern fixtures. The redesign prioritized both aesthetics and effortless management, ensuring each unit feels like a high-end urban retreat.
For the savvy investor, this property is a high-performing asset from day one. The "heavy lifting" is finished, offering a true plug-and-play addition to your portfolio. Furthermore, the quality of the finishes and the structural upgrades provide a clear and lucrative path for a future condo conversion.
Whether you are looking to maximize rental yields or execute a strategic conversion, this property stands out as a premier choice in the city’s evolving landscape. It’s rare to find a multi-unit building of this caliber where every detail has been handled with such precision—all that’s ...
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Listing Courtesy of: Compass
240-305-5651
| Listing Id: | DCDC2275076 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active Under Contract |
| Living Area: | 2,336 |
| Tax Annual Amount: | $3,939 |
| Lot Size Square Feet: | 2,178.0 |
| Lot Size Acres: | 0.05 |
| Architectural Style: | Other |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20019 |
| Year Built: | 1953 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| One Bedroom Units: | 4 |
| Single Room Units: | 12 |
| Mls List Date: | 2026-09-22 |
| Expected On Market Date: | 2026-09-24 |
| State Or Province: | DC |
| Postal Code Plus4: | 2259 |
| Possession: | 0-30 Days CD |
| Directions: | Google Maps |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 2,336 |
| Above Grade Finished Area Units: | Square Feet |
| Cooling: | Central A/C |
| Construction Materials: | Other |
| Accessibility Features: | Other |
| Heating: | Forced Air |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Estimated |
| Living Area Source: | Estimated |
| Other Structures: | Above Grade |
| Year Built Source: | Estimated |
| Basement Yn: | No |
| Cooling Fuel: | Electric |
| Heating Fuel: | Natural Gas |
| Hot Water: | Natural Gas |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1 |
| Type: | Other |
| Central Air Yn: | Yes |
| Type Of Parking: | On Street |
| Area Total: | 2,336 |
| Source Of Measure: | Estimated |
| In City Limits Yn: | Yes |
| City Tax Frequency: | Annually |
| Tax Assessment Amount: | $480,450.00 |
| Tax Year: | 2026 |
| Zoning: | R5A |
| Listing Tax: | 5450//0035 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Pool Types: | No Pool |
| Soil Types: | Unknown |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Rooms Total: | 12 |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 27, 2026 01:07 AM - ET
