# 543 Florida Avenue NW, Washington, DC

> This Multi-Family listing has . Schedule a showing for 543 Florida Avenue NW in Washington, DC.

- Price: $1,399,000
- Status: Active
- Property Type: Multi-Family
- MLS ID: DCDC2276670
- Photo: https://bright-media02.prd.brightmls.com/bright/images/0000/8052/2171/1990/805221711990_2048_1536_WM_TT5mORD6dp93iqPw.jpg

## Description

New Price Reduction as of 10/23/2026. Seller is also offering a 2% interest rate buy down concession Units 2 and 4 are currently vacant but one of the units can be filled prior to settlement. 

Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 543 Florida Avenue NW  (4 -2BR/2 BA) in the highly desirable Shaw submarket of Northwest Washington, D.C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets. 

This asset has undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, this property delivers an attractive stablized CAP rate of 9.96%, once fully leased.  

This four-unit building also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers. In Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire this asset with low down payment requirements while benefiting from market-rate rents. 

With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellow students or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership.

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  Bright MLS data last updated on October 26, 2026 10:08 PM - ET

Property last updated: October 26, 2026 10:08 PM - ET.