$4,000,000

Estimated payment $22,460/month

Total Views 4,510
-- Bed
-- Bath
3,850 Sq Ft
$1,039 Price per Sq Ft

Highlights

  • City View
  • Traditional Architecture
  • Hot Water Heating System
  • Oyster-Adams Bilingual School Rated A-
  • Central Air

About This Home

Premier Turnkey Investment – Fully Renovated 9-Unit Multifamily in Dupont Circle offering stabilized rental income of $23,371/month. Fully leased with a mix of spacious 2BR, 1BR, and studio units, all updated with modern finishes. Located on a quiet, tree-lined street near Dupont Circle, Adams Morgan, and U Street Corridor, just a short walk to the Metro. Includes off-street parking and was fully renovated in 2020, minimizing maintenance. This property features an assumable mortgage at a low 4.35% interest rate, with a $2.7M loan balance and $15,900 monthly payment—buyer needs to bring $1.3M cash to close. A rare opportunity for immediate cash flow and long-term growth in one of DC’s most sought-after neighborhoods.

Listing Agent

WAI LUN LEUNG

Century 21 Redwood Realty License #675856

Century 21 Redwood Realty

Co-Listing Agent

Khalida Bajwa

Century 21 Redwood Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1940

Lot Details

  • 302 Sq Ft Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 3,850 Sq Ft Home
  • City Views

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2015
  • Assessor Parcel Number 0131//2015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,611

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2025-04-01
  • Year Built: 1940
  • Year Renovated: 2020
  • Building Winterized: No
  • Remarks Public: Premier Turnkey Investment – Fully Renovated 9-Unit Multifamily in Dupont Circle offering stabilized rental income of $23,371/month. Fully leased with a mix of spacious 2BR, 1BR, and studio units, all updated with modern finishes. Located on a quiet, tree-lined street near Dupont Circle, Adams Morgan, and U Street Corridor, just a short walk to the Metro. Includes off-street parking and was fully renovated in 2020, minimizing maintenance. This property features an assumable mortgage at a low 4.35% interest rate, with a $2.7M loan balance and $15,900 monthly payment—buyer needs to bring $1.3M cash to close. A rare opportunity for immediate cash flow and long-term growth in one of DC’s most sought-after neighborhoods.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Stainless Steel Appliances, Stove, Refrigerator, Built-In Microwave
  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 3850
  • Living Area Sq Ft: 3850
  • Price Per Sq Ft: 1038.96
  • Above Grade Finished Sq Ft: 3850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1821

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Built-Up
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Alley

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.40
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: RES
  • Zoning Description: Residential
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Multi Family

  • Single Room Units Count: 3

Tax Info

  • Assessor Parcel Number: 0131//2015
  • Tax Lot: 2015
  • 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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,611 $204,710 $88,150 $116,560
2023 $1,766 $222,480 $86,420 $136,060
2022 $1,845 $230,850 $86,420 $144,430
2021 $1,887 $235,240 $86,420 $148,820
2020 $1,350 $242,840 $78,560 $164,280
2019 $0 $266,260 $71,420 $194,840
2018 $0 $315,550 $0 $0
2017 $0 $274,390 $0 $0
2016 $0 $263,840 $0 $0
2015 -- $258,670 $0 $0
2014 -- $258,670 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 For Sale $4,000,000 -- $1,039 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,950,000 Peak Settlements Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,272,000 Construction
Closed $2,708,333 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2184634

Bright MLS

APN: 0131-2019