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: | DCDC2287474 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 3,131 |
| Tax Annual Amount: | $7,298 |
| Lot Size Square Feet: | 2,725.0 |
| Lot Size Acres: | 0.06 |
| Architectural Style: | Federal |
| 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 |
| Three Bedroom Units: | 4 |
| Financing Types: | Cash, Conventional |
| Mls List Date: | 2026-10-11 |
| State Or Province: | DC |
| Legal Subdivision: | Old City 1 |
| Possession: | 31-60 Days CD, Negotiable |
| 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 |
| Above Grade Finished Area: | 3,131 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area Source: | Assessor |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | None |
| Construction Materials: | Brick |
| Flooring: | Carpet, CeramicTile |
| Foundation Details: | Block |
| Accessibility Features: | None |
| Heating: | Hot Water |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Estimated |
| Living Area Source: | Estimated |
| Parking Features: | Concrete Driveway |
| Common Walls: | Dry Wall |
| Roof: | Built-Up |
| Other Structures: | Above Grade, Below Grade |
| Year Built Effective: | 2020 |
| Year Built Source: | Assessor |
| Property Condition: | Excellent |
| Basement Yn: | No |
| Below Grade Unfinished Area Source: | Assessor |
| Below Grade Unfinished Area Units: | Square Feet |
| Cooling Fuel: | Electric |
| Heating Fuel: | Electric |
| Hot Water: | Electric |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1 |
| Type: | End of Row/Townhouse |
| Type Of Parking: | Off Street |
| Source Of Measure Bg: | Assessor |
| Area Total: | 3,131 |
| Source Of Measure: | Estimated |
| 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 Total Finished Sq Ft: | 1,900 |
| Tax Year: | 2025 |
| Zoning: | RF1 |
| Listing Tax: | 0599//0041 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Gross Scheduled Income: | $223,368 |
| Lot Size Source: | Assessor |
| Lot Size Units: | Square Feet |
| Net Operating Income: | $145,000 |
| Operating Expense: | $79,000 |
| Pool Types: | No Pool |
| Professional Management Expense: | $17,869 |
| Soil Types: | Urban Land-Sassafras-Chillum |
| Total Actual Rent: | $223,368 |
| Vacancy Allowance Rate: | 5.0 |
| View: | City |
| Appliances: | Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan |
| Owner Pays: | Accounting/Legal, Advertising/Licenses and Permits, CommonAreaMaintenance, Electricity, Insurance, Payroll, PestControl, Repairs, Sewer, Sewer Maintenance, SnowRemoval, Supplies, Taxes - Real Estate, TrashCollection, Water |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Rooms Total: | 20 |
| Number Of Units Vacant: | 0 |
| Operating Expense Includes: | Insurance, SnowRemoval, Trash |
| Units Furnished: | None |
| Gross Income: | $223,368 |
| Income Includes: | Apartment Rentals |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 27, 2026 01:07 AM - ET
