927 52ND STREET NE
Washington, DC 20019
Price Upon Request
Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 8.9% cap rate, and delivers positive cash flow from day one.
This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies.
Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient.
The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization.
Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside.
Listing Courtesy of: Cosmopolitan Properties Real Estate Brokerage
301-335-8380
| Listing Id: | DCDC2276422 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Other |
| Status: | Active |
| Living Area: | 5,954 |
| Tax Annual Amount: | $9,090 |
| Lot Size Square Feet: | 6,250.0 |
| Lot Size Acres: | 0.14 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Subdivision Name: | Deanwood |
| Postal Code: | 20019 |
| Year Built: | 1953 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| One Bedroom Units: | 6 |
| Two Bedroom Units: | 3 |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-07-29 |
| State Or Province: | DC |
| Postal Code Plus4: | 5552 |
| Legal Subdivision: | Deanwood |
| Possession: | Settlement |
| Directions: | Sheriff Rd to 52nd St |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 5,954 |
| Above Grade Finished Area Units: | Square Feet |
| Cooling: | Window Unit(s) |
| Construction Materials: | Brick |
| Foundation Details: | Brick/Mortar |
| Accessibility Features: | None |
| Heating: | Radiator |
| 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 |
| Type: | Detached |
| Type Of Parking: | On Street |
| Area Total: | 5,954 |
| Source Of Measure: | Estimated |
| Assessment Year: | 2026 |
| In City Limits Yn: | Yes |
| City Town Tax: | $9,090.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $1,288,080.00 |
| Tax Year: | 2026 |
| Zoning: | MULTI-FAMILY |
| Listing Tax: | 5199//0815 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Net Operating Income: | $78,588 |
| Number Of Units Leased: | 9 |
| Pool Types: | No Pool |
| Soil Types: | Unknown |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Gross Income: | $122,604 |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 26, 2026 09:23 PM - ET
