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Listed by Edward Giles • Georgetown Realty Group LLC

$399,000

Est. payment - /mo

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1 Bed

2 Baths

Active

5112 MACARTHUR BLVD NW #P-1 Washington, DC 20016

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Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Subdivision Palisades

MLS Listing ID DCDC2263026

Style Contemporary

Bedrooms 1

Full Baths 2

Condo Fees $588/mo

HOA Y/N N

Year Built 1955

Annual Tax Amount $60

Tax Year 2025

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

INVESTOR OPPORTUNITY IN THE HEART OF PALISADES! Rare chance to acquire a spacious and flexible unit with exceptional upside potential in one of Washington, DC's most desirable neighborhoods. Existing tenant in place paying approximately $2,650/month, offering immediate income potential from day one.

INCREDIBLE FINANCING ADVANTAGE — potential loan assumption opportunity with an estimated interest rate around 3.1% for qualified buyers, or utilize DSCR financing for investor-focused acquisition strategies. Opportunities like this are becoming increasingly difficult to find in today's market.

This versatile residence offers approximately 970 square feet of living space with a large primary bedroom, multiple flex-use dens, two full bathrooms, generous closet space, and excellent natural light throughout. The flexible floorplan creates multiple possibilities for owner-occupants, investors, roommates, work-from-home professionals, or future value-add enhancements.

Updated features include granite countertops, stainless steel appliances, updated bathrooms, luxury vinyl plank flooring, and fresh paint throughout. Pet-friendly building with secure entry, elevator access, bike storage, laundry facilities, and shared outdoor space.

Located in the highly sought-after Palisades community — just minutes from Georgetown University, American University, downtown DC, major hospitals, parks, restaurants, coffee shops, Metrobus access, and commuter routes.

Strong location. Existing income. Attractive financing possibilities. Long-term appreciation potential.

Perfect for:
• Buy-and-hold investors
• First-time investors
• 1031 exchange buyers
• International investors
• House-hack strategies
• Parents purchasing for students or professionals
• Long-term wealth-building portfolios

Location

State DC

County Washington

Zoning MU-3A

Rooms

Main Level Bedrooms 1

Interior

Interior Features Breakfast Area, Other

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Flooring Wood

Equipment Built-In Microwave, Cooktop, Dishwasher, Disposal, Refrigerator, Oven/Range - Gas

Fireplace N

Appliance Built-In Microwave, Cooktop, Dishwasher, Disposal, Refrigerator, Oven/Range - Gas

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available

Amenities Available Common Grounds, Extra Storage, Storage Bin

Water Access N

View Street, Scenic Vista, Other

Accessibility 32\"+ wide Doors, 36\"+ wide Halls, Kitchen Mod, No Stairs

Garage N

Building

Story 1

Unit Features Garden 1 - 4 Floors

Sewer Public Septic

Water Public

Architectural Style Contemporary

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Key

Middle Schools Hardy

High Schools Jackson-Reed

School District District Of Columbia Public Schools

Others

Pets Allowed Y

HOA Fee Include All Ground Fee,Common Area Maintenance,Laundry,Lawn Care Side,Lawn Maintenance,Insurance

Senior Community No

Tax ID 1418//2040

Ownership Condominium

Acceptable Financing FHA, Conventional, Cash, Contract

Horse Property N

Listing Terms FHA, Conventional, Cash, Contract

Financing FHA,Conventional,Cash,Contract

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

NEARBY SCHOOL & BUSINESS

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5112 MACARTHUR BLVD NW #P-1 Washington, DC 20016

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Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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5112 MACARTHUR BLVD NW #P-1