$990,000

4801 3rd St NW Washington, DC 20011

Petworth Neighborhood

Estimated payment $6,298/month

Total Views 3,261
-- Bed
-- Bath
4,074 Sq Ft
$243 Price per Sq Ft

Highlights

  • Colonial Architecture
  • More Than Two Accessible Exits
  • Radiant Heating System

About This Home

Prime Investment Opportunity in Petworth – Fully Occupied 5-Unit Building!

Discover a rare investment gem in the heart of Petworth! This large end-unit 5-unit multifamily building offers five spacious 2-bedroom, 1-bathroom units, all fully occupied—providing immediate rental income.

Recent upgrades include a new 80-gallon hot water heater and an updated electrical system, ensuring efficiency and peace of mind for years to come. The property also features an income producing laundry room and off-street parking, a valuable perk in this sought-after neighborhood.

Conveniently located near Metro, dining, and shopping, this well-maintained property is ideal for investors looking for a solid, income-generating asset in one of DC’s most desirable neighborhoods.

Don’t miss out on this exceptional opportunity!

Listing Agent

Silvana Dias

Cupid Real Estate License #SP98364927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,266

Year Built

  • Built in 1936

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking

Utilities

  • Radiant Heating System
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 2,436 Sq Ft Lot
  • Improved Basement

Listing and Financial Details

  • Assessor Parcel Number 3323//0021

Community Details

Overview

  • 4 Units
  • Petworth Subdivision

Building Details

  • Operating Expense $37,924

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,266

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2025-03-23
  • Year Built: 1936
  • Remarks Public: Prime Investment Opportunity in Petworth – Fully Occupied 5-Unit Building! Discover a rare investment gem in the heart of Petworth! This large end-unit 5-unit multifamily building offers five spacious 2-bedroom, 1-bathroom units, all fully occupied—providing immediate rental income. Recent upgrades include a new 80-gallon hot water heater and an updated electrical system, ensuring efficiency and peace of mind for years to come. The property also features an income producing laundry room and off-street parking, a valuable perk in this sought-after neighborhood. Conveniently located near Metro, dining, and shopping, this well-maintained property is ideal for investors looking for a solid, income-generating asset in one of DC’s most desirable neighborhoods. Don’t miss out on this exceptional opportunity!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Improved
  • Total Sq Ft: 4259
  • Living Area Sq Ft: 4074
  • Price Per Sq Ft: 346.03
  • Above Grade Finished Sq Ft: 2861
  • Below Grade Finished Sq Ft: 1213
  • Below Grade Sq Ft: 185
  • Total Below Grade Sq Ft: 1398
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4801

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
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2436.00
  • Soil Types: Mixed
  • Year Assessed: 2024
  • Zoning: RA-1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Total Actual Rent: 97008.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9266.00
  • Assessor Parcel Number: 3323//0021
  • Tax Year: 2024

Multi Family

  • Operating Expense: 37924.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

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 $9,266 $1,090,120 $207,620 $882,500
2023 $7,851 $923,610 $203,550 $720,060
2022 $7,200 $847,050 $203,550 $643,500
2021 $7,924 $932,230 $203,550 $728,680
2020 $7,438 $875,090 $185,040 $690,050
2019 $7,671 $902,510 $168,210 $734,300
2018 $7,299 $858,700 $0 $0
2017 $6,575 $773,520 $0 $0
2016 $5,329 $626,920 $0 $0
2015 $5,258 $618,600 $0 $0
2014 $4,991 $587,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2025 03/23/25 For Sale $990,000 -- $243 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $202,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Commercial
Closed $120,000 Commercial
Previous Owner $275,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: DCDC2191512

Bright MLS

APN: 3323-0021

District of Columbia District of Columbia County Washington 20011 Petworth

4801 3rd St NW, Washington, DC

Homes for Sale in Washington, DC

This home is located at 4801 3rd St NW, Washington, DC 20011 and is currently priced at $990,000, approximately $243 per square foot. This property was built in 1936. 4801 3rd St NW is a home located in District of Columbia with nearby schools including Barnard Elementary School, MacFarland Middle School, and Roosevelt High School @ MacFarland.

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Silvana Dias
Listing Agent
Silvana Dias
Section Image
Cupid Real Estate
(202) 258-8256