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Listed by Russ Carter • Keller Williams Capital Properties

$830,000

Est. payment - /mo

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2,640 SqFt

New

1348 NICHOLSON ST NW Washington, DC 20011

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Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $314

MLS Listing ID DCDC2265332

Style Traditional

Abv Grd Liv Area 2,640

Year Built 1935

Annual Tax Amount $8,096

Tax Year 2025

Lot Size 5,565 Sqft

Acres 0.13

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Exceptional multifamily opportunity in the highly sought-after 16th Street Heights neighborhood! 1348 Nicholson presents a rare chance to own a well-maintained four-unit building in one of Northwest DC's most desirable and steadily appreciating communities.

Situated on an oversized lot, this property offers significant value-add potential, including the ability to add up to four rear parking spaces—an attractive feature for both tenants and future resale value. The building has been well cared for and provides strong income-producing potential for investors seeking both immediate cash flow and long-term appreciation.

Each unit offers functional layouts, and buyers will appreciate the additional upside as similar properties in the area have converted existing dens into bedrooms, creating four 2-bedroom units and maximizing rental income potential. Whether maintained in its current configuration or repositioned for higher returns, this asset presents multiple pathways for growth.

Located just moments from the 16th Street corridor, residents enjoy convenient access to downtown DC, public transportation, parks, restaurants, shopping, and neighborhood amenities that continue to make 16th Street Heights a strong rental and investment market.

A rare opportunity to secure a solid multifamily asset with location, lot size, and future upside all in one package.

Location

State DC

County Washington

Zoning RA

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Crawl Space

Above Ground Finished SqFt 2640

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Brightwood Educational Campus

School District District Of Columbia Public Schools

Others

Tax ID 2795//0020

Ownership Fee Simple

SqFt Source 2640

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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1348 NICHOLSON ST NW Washington, DC 20011

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Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1348 NICHOLSON ST NW