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2311 MINNESOTA AVE SE, Washington, DC 20020
2311 MINNESOTA AVE SE, Washington, DC 20020
2311 MINNESOTA AVE SE, Washington, DC 20020
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Listed by Abel Gebremichael • Real Broker, LLC
$499,000
Est. payment /mo
5 Beds
2 Baths
1,428 SqFt
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UPDATED:

Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,428 sqft

Price per Sqft $349

Subdivision Randle Heights

MLS Listing ID DCDC2287920

Style Traditional

Bedrooms 5

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,428

Year Built 1912

Available Date 2026-10-21

Annual Tax Amount $4,988

Tax Year 2026

Lot Size 2,750 Sqft

Acres 0.06

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

TWIN MU-4 ROWHOMES: TURNKEY HIGH-YIELD ASSETS WITH FUTURE DEVELOPMENT UPSIDE. Positioned just one block off the Pennsylvania Ave SE commercial corridor, 2311 and 2313 Minnesota Ave SE offer a rare combination of immediate, high-yield cash flow and long-term zoning flexibility. Available for purchase individually or together as an assemblage, each semi-detached rowhome is delivered in updated, move-in-ready condition equipped with central air conditioning and a spacious 5-bedroom, 2-bathroom layout.

Current submarket benchmarks for 5-bedroom voucher programs demonstrate strong earning potential, evidenced by recent local comps including 2332 Q St SE (leased at $6,218/mo on 05/07/26), 1335 T St SE (leased at $6,382/mo on 10/05/26), and 1426 S St SE (lease pending at $5,800/mo), supporting a conservative pro-forma estimate of a 14% cash-on-cash return on Day 1 operations even in today's rate climate. Additionally, each property features a full, unfinished basement with high ceilings that presents an immediate value-add pathway to build out an additional bedroom, where 6-bedroom voucher payment standards in the submarket currently command upwards of $7,000/month. For long-term investors, the underlying MU-4 zoning (moderate-density mixed-use) unlocks substantial future exit strategies, including multi-unit apartment conversion, commercial integration, or vertical redevelopment across both contiguous parcels.

DISCLAIMER: Pro-forma projections, historical comps, voucher payment schedules, and zoning re-use potential are provided for informational and analytical purposes only. Buyer and buyer's broker are strictly responsible for conducting their own independent due diligence regarding zoning allowances, allowable density, building permits, Certificate of Occupancy requirements, tax assessments, and current local housing voucher payment standards prior to closing.

Location

State DC

County Washington

Zoning MU-4

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 2

Foundation Other

Above Ground Finished SqFt 1428

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 5578//0021

Ownership Fee Simple

SqFt Source 1428

Acceptable Financing Cash, Conventional, FHA, VA

Horse Property N

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard


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Nearby Locations

Saad Jamil
Arslan Jamil

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2311 MINNESOTA AVE SE

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