Twitter
Facebook
Email
|
An outstanding opportunity to acquire a fully occupied seven-unit apartment building generating a current Net Operating Income (NOI) of $98,976. This well-performing asset features an attractive unit mix of six spacious 3-bedroom, 1-bath apartments and one studio unit, providing a desirable combination of family-sized housing and flexible rental options. With stable occupancy and consistent income, this property offers investors immediate cash flow and long-term appreciation potential. The predominance of large three-bedroom units creates strong tenant demand and the potential for continued rental growth. Ideally situated in Southeast Washington, DC, the property is conveniently located near Congress Heights and Anacostia Metro Stations, providing easy access throughout the District. Residents enjoy proximity to St. Elizabeths East, the Entertainment & Sports Arena, Gateway DC, and the Department of Homeland Security headquarters, all of which continue to drive investment and employment in the area. Outdoor enthusiasts will appreciate nearby Fort Stanton Park, Anacostia Park, and miles of walking and biking trails along the Anacostia River. Everyday conveniences include neighborhood shopping, restaurants, grocery stores, schools, and multiple Metrobus routes. Whether you're looking to expand an existing multifamily portfolio or acquire a stable, income-producing asset with strong fundamentals, this turnkey investment offers an exceptional combination of reliable cash flow, desirable unit composition, and long-term upside in the nation's capital.
| DAYS ON MARKET | 0 | LAST UPDATED | 8/2/2026 |
|---|---|---|---|
| YEAR BUILT | 1944 | COUNTY | WASHINGTON |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | Brick |
| HEAT | Natural Gas, Radiant |
| LOT | 0.27 acre(s) |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 6524 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Cosmopolitan Properties Real Estate Brokerage
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.