5309 CONNECTICUT AVENUE NW
Washington, DC 20015
Price Upon Request
Exceptional investment opportunity in the heart of sought-after Chevy Chase, This presents a rare opportunity to acquire an entire four-unit multifamily property along one of Northwest Washington’s most established residential corridors.
Rebuilt from the ground up in 2017, this turnkey property consists of four spacious two-bedroom residences offering modern finishes and thoughtfully designed living spaces. Each unit features an open and contemporary layout with abundant natural light, wood flooring, stainless-steel appliances, modern kitchens, and comfortable living spaces designed to appeal to today’s rental market.
Adding to the property’s appeal is Unit 4, a distinctive two-level penthouse residence offering exceptional private outdoor living space and expansive views of the District from its upper level. The penthouse features a rooftop deck along with a second private deck directly off the living room, connected by a striking spiral staircase. The combination of its two-level design, multiple outdoor spaces, and elevated views creates a truly unique premium residence within the building and a feature rarely found in a four-unit multifamily property.
The property is fully licensed and currently 100% leased to high-quality tenants, with all rents current, offering the next owner the benefit of immediate and stabilized rental income from day one. The building has also been professionally managed for the past two years, helping create a positive rental experience for the existing tenants while ensuring the property has been consistently monitored and maintained.
Ownership has taken a proactive approach to the property during the past two years, ...
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Listing Courtesy of: Coldwell Banker Elite
703-585-7644
| Listing Id: | DCDC2287192 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 4,063 |
| Tax Annual Amount: | $22,048 |
| Lot Size Square Feet: | 1,825.0 |
| Lot Size Acres: | 0.04 |
| Architectural Style: | Contemporary |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Subdivision Name: | Chevy Chase |
| Postal Code: | 20015 |
| Year Built: | 1913 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Two Bedroom Units: | 4 |
| Financing Types: | Private, Bank Portfolio, Cash, Conventional, Joint Venture, Negotiable |
| Mls List Date: | 2026-10-08 |
| Property Manager Yn: | Yes |
| State Or Province: | DC |
| Postal Code Plus4: | 1803 |
| Legal Subdivision: | Chevy Chase |
| Possession: | Settlement |
| Directions: | GPS - Easiest to park on the street on Jenifer St. or Jocelyn St. as parking spots in back of building are for tenants and bus stop is right up front. |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 3,213 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area: | 850 |
| Below Grade Finished Area Source: | Assessor |
| Basement: | Other |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | Central A/C |
| Door Features: | Six Panel |
| Construction Materials: | Brick, Vinyl Siding |
| Exterior Features: | Gutter System |
| Flooring: | Luxury Vinyl Plank |
| Foundation Details: | Slab, Permanent |
| Accessibility Features: | None |
| Heating: | Central |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Assessor |
| Interior Features: | Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Living, Kitchen - Island, Family Room Off Kitchen, Kitchen - Table Space, Wood Floors, Upgraded Countertops, Primary Bath(s), Floor Plan - Open |
| Living Area Source: | Assessor |
| Parking Features: | Parking Space Conveys, Paved Parking, Private, Secure Parking |
| Patio And Porch Features: | Deck |
| Common Walls: | 9'+ Ceilings |
| Roof: | Rubber, Pitched, Flat |
| Stories Total: | 5 |
| Other Structures: | Above Grade, Below Grade |
| Parking Total: | 2 |
| Window Features: | DoublePaneWindows |
| Year Built Effective: | 2017 |
| Year Built Source: | Assessor |
| Property Condition: | Good |
| Basement Yn: | Yes |
| Below Grade Unfinished Area: | 32 |
| Below Grade Unfinished Area Source: | Assessor |
| Below Grade Unfinished Area Units: | Square Feet |
| Cooling Fuel: | Electric |
| Heating Fuel: | Electric |
| Hot Water: | Electric |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1 |
| Type: | End of Row/Townhouse |
| Central Air Yn: | Yes |
| Unit Building Type: | Garden 1 - 4 Floors |
| Type Of Parking: | On Street, Parking Lot |
| Total Garage And Parking Spaces: | 2 |
| Below Grade Area Total: | 882 |
| Source Of Measure Bg: | Assessor |
| Area Total: | 4,095 |
| Source Of Measure: | Assessor |
| Assessment Year: | 2026 |
| In City Limits Yn: | Yes |
| City Town Tax: | $22,048.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Tax Assessment Amount: | $2,672,250.00 |
| Tax Total Finished Sq Ft: | 4,063 |
| Tax Year: | 2026 |
| Zoning: | R |
| Listing Tax: | 1873//0073 |
| Auto Update Tax Data Yn: | Yes |
| Exclusions: | Wireless routers |
| Inclusions: | Each unit has a full suite of kitchen appliances including refrigerator, dishwasher, garbage, disposal, built-in microwave, electric range, and a stacked washer and dryer. Each unit also has its own water heater, electric meter in unit breaker box and in unit hook up to Verizon files. The common area of the building is equipped with three security cameras, which will convey without service. Building is managed with a high-end call box with receivers in each unit. |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Building Name: | 5309 CONNECTICUT AVE LLC |
| Furnished: | No |
| Gross Scheduled Income: | $182,040 |
| Lot Size Source: | Assessor |
| Lot Size Units: | Square Feet |
| Number Of Units Leased: | 4 |
| Operating Expense: | $4,000 |
| Pest Control Expense: | $1,680 |
| Pool Types: | No Pool |
| Rent Control?: | Yes |
| Soil Types: | Unknown |
| Total Actual Rent: | $182,040 |
| Trash Expense: | $1,650 |
| View: | City |
| Laundry Types: | Washer In Unit, Dryer In Unit |
| Appliances: | Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer |
| Location Type: | Urban |
| Security Features: | Electric Alarm, Fire Detection System, Intercom, Main Entrance Lock, Sprinkler System - Indoor |
| Owner Pays: | Advertising/Licenses and Permits, CommonAreaMaintenance, Insurance, Lawn/Shrub Care, Management, PestControl, Repairs, Sewer, Sewer Maintenance, SnowRemoval, Taxes - Real Estate, TrashCollection, Water |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Lease Types: | Gross |
| Number Of Units Month to Month: | 0 |
| Number Of Units Vacant: | 0 |
| Operating Expense Includes: | Insurance, SnowRemoval, Trash, CableTv |
| Units Furnished: | None |
| Gross Income: | $182,040 |
| Income Includes: | Apartment Rentals, Parking |
| Rent Frequency: | Annually |
| Transportation: | Bus Stop less than 1 mile, Commuter Rail Station 1 to 5 miles |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
| Num Parking Lot Spaces: | 2 |
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Property Last Updated: October 26, 2026 10:08 PM - ET
















