1 / 22
5501 FOOTE STREET NE
Washington, DC 20019
Price Upon Request
This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.
Listing Courtesy of: Fairfax Realty of Tysons
703-376-7675
| Listing Id: | DCDC2259728 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Other |
| Status: | Active |
| Living Area: | 3,540 |
| Tax Annual Amount: | $3,456 |
| Lot Size Square Feet: | 2,614.0 |
| Lot Size Acres: | 0.06 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20019 |
| Year Built: | 1960 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Semi-Annually |
| Two Bedroom Units: | 6 |
| Mls List Date: | 2026-05-04 |
| State Or Province: | DC |
| Postal Code Plus4: | 6723 |
| Legal Subdivision: | Deanwood |
| Possession: | Settlement |
| Directions: | next to HD Woodson High School |
| High School: | H.D. WOODSON |
| High School Source: | Listing Agent |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 3,540 |
| Above Grade Finished Area Units: | Square Feet |
| Cooling: | Central A/C |
| Construction Materials: | Masonry |
| Foundation Details: | Brick/Mortar |
| Accessibility Features: | None |
| Heating: | Central |
| 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: | Electric |
| Hot Water: | Multi-tank |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1 |
| Type: | Detached |
| Central Air Yn: | Yes |
| Type Of Parking: | On Street |
| Area Total: | 3,540 |
| Source Of Measure: | Estimated |
| Assessment Year: | 2026 |
| In City Limits Yn: | Yes |
| City Tax Frequency: | Annually |
| Tax Assessment Amount: | $406,590.00 |
| Tax Year: | 2026 |
| Zoning: | R2 |
| Listing Tax: | 5225//0020 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Net Operating Income: | $65,100 |
| Number Of Units Leased: | 4 |
| Pool Types: | No Pool |
| Soil Types: | Unknown |
| Total Actual Rent: | $82,800 |
| Owner Pays: | CommonAreaMaintenance, Management, Repairs, Taxes - Real Estate, TrashCollection, Water |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Lease Types: | Long Term |
| Number Of Units Vacant: | 2 |
| Operating Expense Includes: | Trash |
| Income Includes: | Apartment Rentals |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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 27, 2026 02:45 AM - ET
Property Last Updated: October 27, 2026 02:45 AM - ET
