407 Lebaum St SE Washington, DC 20032
Congress Heights NeighborhoodEstimated payment $5,358/month
About This Home
Four Unit Multi Family Property with tremendous investment opportunity. Three 2 Bedroom/1 Bathroom units, One 6 bedroom/2 bathroom unit, and a unility room that offers 2 brand new washer/dryer units. All 4 units have updates to some of the mechanicals and cosmetics. Current owner purchased the property that was unhabitable and made it ready for rent. Occupancy certificates have been provided. All 4 units are separtely metered and vacant. Ready to be rented and used as a cash flowing property. Pro Forma rents are estimated at $7,900 monthly and building allows for very low owner expenses. Please contact the listing agent for more information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,018
Year Built
- Built in 1943 | Remodeled in 2024
Lot Details
- 4,443 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 4 Units
- 4 Vacant Units
Listing and Financial Details
- Tax Lot 41
- Assessor Parcel Number 5997//0041
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | For Sale | $900,000 | 0.0% | $225 / Sq Ft |
| 02/27/2025 02/27/25 | For Sale | $900,000 | +23.5% | $225 / Sq Ft |
| 04/17/2024 04/17/24 | Sold | $728,500 | -2.9% | $259 / Sq Ft |
| 03/25/2024 03/25/24 | Price Changed | $750,000 | -0.1% | $267 / Sq Ft |
| 01/08/2024 01/08/24 | Price Changed | $751,000 | +99900.0% | $267 / Sq Ft |
| 01/08/2024 01/08/24 | Price Changed | $751 | -99.9% | $0 / Sq Ft |
| 10/23/2023 10/23/23 | Price Changed | $799,000 | -0.1% | $284 / Sq Ft |
| 07/17/2023 07/17/23 | Price Changed | $799,900 | -5.9% | $284 / Sq Ft |
| 05/09/2023 05/09/23 | Price Changed | $849,900 | +6.4% | $302 / Sq Ft |
| 05/01/2023 05/01/23 | Price Changed | $799,000 | 0.0% | $284 / Sq Ft |
| 05/01/2023 05/01/23 | For Sale | $799,000 | +9.7% | $284 / Sq Ft |
| 04/24/2023 04/24/23 | Off Market | $728,500 | -- | -- |
| 04/20/2023 04/20/23 | For Sale | $800,000 | -- | $284 / Sq Ft |
Source: Bright MLS
MLS Number: DCDC2186918
APN: 5997 0041
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