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PRICE $4,750,000 dsIDX morgage calculator
SIZE 8,638 sqft
LOT SIZE 6,970 sqft

This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1-4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.

DAYS ON MARKET 4 LAST UPDATED 8/13/2026
TRACT ECKINGTON YEAR BUILT 2023
COUNTY WASHINGTON STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS


ADDITIONAL DETAILS
AIR Electric, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
CONSTRUCTION Brick
HEAT Hot Water, Natural Gas
LOT 6970 sq ft
PARKING On Street
SEWER Public Sewer
STORIES 3
SUBDIVISION ECKINGTON
TAXES 8121
UTILITIES Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Electricity Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1944 3RD STREET NE
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