Washington, DC 20024
Price Upon Request
Exceptional, separately metered 4-unit property in pristine condition—ideal for investors seeking strong rental income and long-term appreciation in one of DC’s most exciting neighborhoods. It also works for an owners-unit with 3-additional income producing units. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC, hot water heaters, and electric meters, making management simple and efficient. With a projected hefty $169,600 NOI at full capacity, the numbers speak for themselves. The building is 100% occupied by Section 8 tenants, providing dependable, guaranteed rental income. Located just two blocks from Nationals Park and The Wharf, you’re surrounded by new development, dining, entertainment, and major city attractions.
Don’t miss this chance to own a high performing property in a rapidly growing area.
Listing Courtesy of: Long & Foster Real Estate, Inc.
202-256-7039
| Listing Id: | DCDC2284654 |
|---|---|
| Property Type: | Commercial Sale |
| Property Sub Type: | Other |
| Status: | Active |
| Tax Annual Amount: | $7,298 |
| Lot Size Square Feet: | 2,725.0 |
| Lot Size Acres: | 0.06 |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Subdivision Name: | Southwest Waterfront |
| Postal Code: | 20024 |
| Year Built: | 1948 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Financing Types: | Cash, Conventional |
| Mls List Date: | 2026-09-23 |
| State Or Province: | DC |
| Legal Subdivision: | Old City 1 |
| Possession: | 31-60 Days CD, Negotiable |
| Cross Street: | 2nd |
| Directions: | From the corner of South Capitol Street and M Street... south on South Capitol Street. Right on O Street. After going 2 blocks, property is on the left. |
| School District Key: | 121140357950 |
| Cooling: | None |
| Construction Materials: | Brick |
| Flooring: | Carpet, CeramicTile |
| Foundation Details: | Block |
| Building Area Total: | 3,131.0 |
| Accessibility Features: | None |
| Heating: | Hot Water |
| Heating?: | Yes |
| Building Area Source: | Estimated |
| Parking Features: | Paved Parking |
| Roof: | Built-Up |
| Stories Total: | 4 |
| Year Built Effective: | 2020 |
| Year Built Source: | Estimated |
| Property Condition: | Excellent |
| Basement Yn: | No |
| Cooling Fuel: | Electric |
| Elevators: | 0 |
| Heating Fuel: | Electric |
| Hot Water: | Electric |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1, Unit 1 |
| Net Square Feet: | 3,131.0 |
| Type Of Parking: | Driveway |
| Assessment Year: | 2025 |
| In City Limits Yn: | Yes |
| City Town Tax: | $7,298.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $871,810.00 |
| Tax Year: | 2025 |
| Zoning: | RF1 |
| Listing Tax: | 0599//0041 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Gross Scheduled Income: | $223,000 |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Net Operating Income: | $156,000 |
| Operating Expense: | $67,000 |
| Soil Types: | Urban Land-Sassafras-Chillum |
| Total Actual Rent: | $223,000 |
| Vacancy Allowance Rate: | 5.0 |
| View: | City |
| Owner Pays: | Accounting/Legal, Advertising/Licenses and Permits, CommonAreaMaintenance, Insurance, Lawn/Shrub Care, Management, Repairs, Reserves for Replacement, Sewer, SnowRemoval, Supplies, Taxes - Real Estate, TrashCollection, Water |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Business Type: | Apartment Building |
| Operating Expense Includes: | Advertising, Insurance, Management Fees, Landscaping, Repair/Maintenance, Sewer, SnowRemoval, Trash, Water |
| Gross Income: | $223,000 |
| Annual Gross Expense: | $67,000.00 |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
| Property Use: | Investment |
| Tenancy Svo: | Multiple |
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Property Last Updated: October 27, 2026 12:18 AM - ET
