$250,000
OPEN FRI 9AM - 10AM

Estimated payment $1,643/month

Total Views 890
-- Bed
-- Bath
2,632 Sq Ft
$95 Price per Sq Ft

About This Home

Open House Friday, April 25 from 9am - 10am

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 24th and ends Tuesday, April 29, 2025 at 12:00pm. Seize this excellent chance to acquire a detached brick apartment building featuring four units, all of which are currently unoccupied. The property boasts two units on each of its two levels. Each unit is equipped with individual electric and gas meters for convenience. The building is surrounded by a fence enclosing both the front and back yards, with security bars adorning the windows on the main level. A grass lawn lies within the fenced perimeter. Unit Breakdown: • Main Level: Units A and B • Upper Level: Units 1 and 2.
Units A, 1, and 2 each offer a living area, dining space, one bedroom, a full bathroom, and a kitchen. Unit B features an open-concept layout with an eat-in kitchen seamlessly connected to the living area, along with one bedroom and a full bathroom. All units come equipped with gas water heaters, forced hot air systems, and window air conditioning units. While Unit B underwent a renovation in 2022, Units A, 1, and 2 are awaiting updates and refurbishment. According to the seller, the current stipulated rent from Housing Choice - DHCD for the 20019 zip code stands at $1,410 per month. With this figure in mind, the potential monthly rental income could reach $5,640, translating to an impressive annual rental income of $67,680.
Location: The property has a convenient location near the MD/DC line. There is plenty of dining, shopping, schools, recreational facilities, and access to transportation routes. Roadways nearby include I-495, I-295, Suitland Parkway and more. The Ronald Reagan Washington National Airport is across the Potomac River. Zoning: The property is zone R-2 according to the DC zoning map. Per the DC Zoning Handbook, The purposes of the R-2 zone are to: Provide for areas with semi-detached dwellings; and Protect these areas from invasion by denser types of residential development. The R-2 zone is intended to provide for areas predominantly developed with semi-detached houses on moderately sized lots that also contain some detached dwellings. Note: The above description and seller suggested potential rent is for informational purposes only. You should do your own due diligence before placing a bid.

Listing Agent

Larry Cooper

Alex Cooper Auctioneers, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 4,915 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,632 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 157
  • Assessor Parcel Number 5155//0157

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1953
  • Remarks Public: Open House Friday, April 25 from 9am - 10am List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 24th and ends Tuesday, April 29, 2025 at 12:00pm. Seize this excellent chance to acquire a detached brick apartment building featuring four units, all of which are currently unoccupied. The property boasts two units on each of its two levels. Each unit is equipped with individual electric and gas meters for convenience. The building is surrounded by a fence enclosing both the front and back yards, with security bars adorning the windows on the main level. A grass lawn lies within the fenced perimeter. Unit Breakdown: • Main Level: Units A and B • Upper Level: Units 1 and 2. Units A, 1, and 2 each offer a living area, dining space, one bedroom, a full bathroom, and a kitchen. Unit B features an open-concept layout with an eat-in kitchen seamlessly connected to the living area, along with one bedroom and a full bathroom. All units come equipped with gas water heaters, forced hot air systems, and window air conditioning units. While Unit B underwent a renovation in 2022, Units A, 1, and 2 are awaiting updates and refurbishment. According to the seller, the current stipulated rent from Housing Choice - DHCD for the 20019 zip code stands at $1,410 per month. With this figure in mind, the potential monthly rental income could reach $5,640, translating to an impressive annual rental income of $67,680. Location: The property has a convenient location near the MD/DC line. There is plenty of dining, shopping, schools, recreational facilities, and access to transportation routes. Roadways nearby include I-495, I-295, Suitland Parkway and more. The Ronald Reagan Washington National Airport is across the Potomac River. Zoning: The property is zone R-2 according to the DC zoning map. Per the DC Zoning Handbook, The purposes of the R-2 zone are to: Provide for areas with semi-detached dwellings; and Protect these areas from invasion by denser types of residential development. The R-2 zone is intended to provide for areas predominantly developed with semi-detached houses on moderately sized lots that also contain some detached dwellings. Note: The above description and seller suggested potential rent is for informational purposes only. You should do your own due diligence before placing a bid.
  • Special Features: 65

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2632
  • Living Area Sq Ft: 2632
  • Price Per Sq Ft: 94.98
  • Above Grade Finished Sq Ft: 2632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1122

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4915.00
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: R-2
  • Zoning Description: R-2, according to the DC zoning map.
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4558.00
  • Assessor Parcel Number: 5155//0157
  • Tax Lot: 157
  • Tax Total Finished Sq Ft: 2632
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 For Sale $250,000 -54.5% $95 / Sq Ft
03/04/2025 03/04/25 Price Changed $549,900 -8.3% $209 / Sq Ft
02/12/2025 02/12/25 For Sale $599,900 -- $228 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2194228

Bright MLS

APN: 5155 0157