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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID DCDC2241350
Year Built 1939
Annual Tax Amount $4,042
Tax Year 2025
Lot Size 3,926 Sqft
Acres 0.09
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
1725 29th Street SE offers a stabilized five-unit multifamily asset in the Randle Highlands neighborhood of Southeast Washington, DC. The building is comprised of five 3BR/1BA units, all fully occupied, with an average in-place rent of $1,816.50. With large unit layouts and strong in-place cash flow, this property presents a turn-key opportunity for investors seeking immediate yield in a high-demand rental market.
RENTAL STABILITY WITH FAMILY-SIZED UNITS
All five units are fully leased, providing dependable income from day one. Each unit features a three-bedroom layout, ideal for families or shared housing arrangements. The consistent demand for multi-bedroom units in Southeast DC positions the asset well for long-term occupancy and cash flow stability.
IN-PLACE CASH FLOW WITH RENTAL UPSIDE
At an average rent of $1,816.50, the property is currently producing strong gross income. However, there is still upside potential through future rent growth or light value-add upgrades. The property offers a strong foundation for both short-term income and long-term equity growth.
ACCESS TO SCHOOLS AND COMMUNITY AMENITIES
The property is just a two-minute walk from Randle Highlands Elementary School, a key draw for families in the area. Its location within a residential neighborhood enhances appeal for tenants seeking affordable, family-oriented housing close to schools, parks, and local services.
WELL-CONNECTED VIA MULTIPLE BUS ROUTES
1725 29th Street SE benefits from strong public transit access. The C37 bus line provides service east to Potomac Avenue Metro Station (Orange, Blue, Silver lines) and north to Minnesota Avenue Metro Station (Orange Line). Additionally, the D1X express bus offers direct access to Downtown DC and the U.S. Capitol, connecting tenants to major employment and commercial districts without the need for a car."
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Natural Gas
Heating Other
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Other
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5636//0830
Ownership Fee Simple
Special Listing Condition Standard
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Nearby Locations
Questions About This Property?
Saad Jamil
(703) 782-4830Arslan Jamil
(571) 621-5413GET MORE INFORMATION
