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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2286856
Year Built 1966
Annual Tax Amount $5,615
Tax Year 2025
Lot Size 8,000 Sqft
Acres 0.18
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Property Details:
8 two-bedroom units | 1 efficiency unit | 7,200 sq ft total | On-site parking
Income Potential:
Projected market rent of approximately $1,800/month per two-bedroom unit. At full occupancy, the property generates estimated gross annual rental income of approximately $172,800. Currently 4 of 9 units occupied; 5 units vacant and available for immediate lease-up. Two units in pending eviction, providing the incoming owner a clear path to full repositioning and market-rate occupancy.
Investment Highlights:
Value-add multifamily asset with significant upside through occupancy stabilization. Ideal for investors seeking cash flow, equity growth, and long-term stability in the Washington, DC rental market. Standalone building with dedicated parking adds tenant appeal and retention value.
Location:
Marshall Heights is a residential community in Ward 7, Southeast Washington, DC, offering urban convenience with a quiet neighborhood setting. Proximity to public transportation, retail corridors, and major commuter routes supports strong tenant demand.
Location
State DC
County Washington
Zoning MULTI FAMILY
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Wall Unit
Flooring Ceramic Tile, Hardwood, Laminate Plank
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Natural Gas Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer No Septic System
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5311//0032
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA
Listing Terms Cash, Conventional, VA
Financing Cash,Conventional,VA
Special Listing Condition Standard
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Nearby Locations
Questions About This Property?
Saad Jamil
(703) 782-4830Arslan Jamil
(571) 621-5413Request Sent!
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