827 RANDOLPH STREET NW
Washington, DC 20011
Price Upon Request
Rare opportunity to acquire a partially completed multifamily development in one of Washington, DC's most sought-after neighborhoods. This 14-unit condominium project offers investors and developers the chance to step into an advanced-stage development with significant construction already completed, reducing both timeline and execution risk.
Framing and roofing have been completed, allowing a new owner to focus on the remaining construction phases and accelerate the path to completion and sale. With much of the heavy structural work already in place, this project presents a compelling value-add opportunity for developers seeking to deploy capital efficiently.
Investment Highlights
14-unit condominium development
Framing completed
Roofing completed
Significant construction progress already achieved
Opportunity to complete and deliver a high-demand residential product
Located in the thriving Petworth neighborhood
Close proximity to Metro, retail, restaurants, and major commuter routes
Strong demand for new residential housing in Northwest DC
Potential for attractive returns through unit sales or long-term hold strategy
The Opportunity
For investors and developers looking to acquire a project beyond the entitlement and early construction stages, 827-829 Randolph Street NW offers a unique opportunity to take over and complete a well-positioned development. By acquiring a project with the structural shell already underway, buyers can save valuable time and focus on bringing the vision to market.
Situated in the heart of Petworth, one of DC's most established and rapidly appreciating neighborhoods, this asset combines location, scale, and existing construction progress to create an exceptional investment opportunity.
Development package, plans, permits, and additional project details available upon request.
Serious investor and developer inquiries only.
Listing Courtesy of: Coldwell Banker Realty - Washington
571-206-2380
| Listing Id: | DCDC2266260 |
|---|---|
| Property Type: | Commercial Sale |
| Property Sub Type: | Five Or More Units |
| Status: | Active |
| Tax Annual Amount: | $7,790 |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20011 |
| Year Built: | 0 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-06-05 |
| State Or Province: | DC |
| Postal Code Plus4: | 5865 |
| Legal Subdivision: | Petworth |
| Possession: | Negotiable |
| Directions: | Georgia Ave/Rt. 29 Cross St. |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Cooling: | Central A/C |
| Construction Materials: | Brick |
| Accessibility Features: | 2+ Access Exits, 32"+ wide Doors |
| Heating: | Other |
| Heating?: | Yes |
| Building Area Source: | Assessor |
| Year Built Source: | Assessor |
| Property Condition: | Excellent |
| Basement Yn: | No |
| Cooling Fuel: | Other |
| Heating Fuel: | Other |
| Hot Water: | Other |
| Central Air Yn: | Yes |
| Type Of Parking: | On Street |
| Assessment Year: | 2022 |
| In City Limits Yn: | Yes |
| City Town Tax: | $7,790.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $1,009,810.00 |
| Tax Year: | 2022 |
| Zoning: | 4 |
| Zoning Description: | City Council District |
| Listing Tax: | 3027//0039 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Condominium |
| Special Listing Conditions: | Standard |
| Soil Types: | Urban Land Not Rated |
| Sewer: | Public Septic, Public Sewer |
| Water Source: | Public |
| Business Type: | Apartment Building |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Total Loading Docks: | 1 |
| Total Levelers: | 1 |
| Total Drive In Doors: | 1 |
| Short Sales: | No |
| Tenancy Svo: | Multiple |
| New Construction?: | Yes |
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Property Last Updated: October 27, 2026 02:45 AM - ET
