See all 16 photos

Listed by DHEE PATEL • Coldwell Banker Realty - Washington

$689,000

Est. payment - /mo

Save

4 Beds

4 Baths

2,720 SqFt

Price Dropped by $36K

1732 S ST SE Washington, DC 20020

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

DC Homes Guide

cf@craigfauver.com +1(202) 643-4687

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $253

Subdivision Randle Heights

MLS Listing ID DCDC2263312

Style Other,Unit/Flat

Bedrooms 4

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 2,720

Year Built 1938

Annual Tax Amount $5,335

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Source BRIGHT

Property Description

Fantastic opportunity to acquire a four-unit cash-flowing multifamily inside The District. This classic brick quadruplex is suitable for several buyer profiles -- including first-time home buyers, house hackers, standard owner occupants, buy-and-hold investors, multifamily operator, or developer/renovators -- seeking immediate cash flow (approx. 6% cap rate), potential for long-term appreciation, and/or value-add upside. Each unit has an in-unit washer and dryer, built-in microwave, and gas range. You can purchase four one-bed + den/enclosed patio units with flexibility for repositioning.

Live and/or own on a quiet tree-lined residential street while being centrally located to all major points in DC. Residents/occupants of this multifamily can enjoy easy access to Anacostia Park, the riverwalk trail/path, and the newly built Anacostia Recreation Center at Ketcham. This neighborhood is one of DC's more investable emerging submarkets that continues to experience substantial public and private investment, which is driving ongoing redevelopment, retail expansion, and business growth. Additionally, purchasers may be eligible for Opportunity Zone (OZ) benefits.

This property is just one mile from a recently approved 15-acre, $500M Poplar Point Development of a 500,000 square foot indoor waterpark and wellness center by Therme Group! Also close by are other new development projects including the MLK Gateway, 11th Street Bridge Park, and The Bridge District. Refer to the Anacostia Business Improvement District (BID) for more information.

This revenue-generating quadruplex is strategically located minutes from Downtown DC, National Mall, Smithsonian Museums, SW Waterfront, Chinatown, Capitol Hill, Navy Yard/Marine Barracks, Audi Field, CareFirst Arena, RFK stadium, Capital One Arena, National War College/NDU, Joint Base Anacostia-Bolling (JBAB)/DIA, DHS at St. Elizabeth's, and NCIS, creating strong appeal for a very wide range of occupants. Convenient to I-295, I-695, Suitland Parkway, South Capitol Street, Metrobus, nearby Anacostia Metro station, DCA Airport (15 min), Andrews AFB (27 min), and National Harbor (20 min).

Very few performing multifamily properties come available in the DC metro. Whether maintained as a cash-flowing multifamily asset (Approx. 6% cap rate), renovated for premium value (potential for 8%+ cap rate), or repositioned to optimize long-term returns, this property offers investors multiple paths to additional value creation. House hackers can make one unit your primary residence and utilize the FHA low down payment program option. This area has the momentum for continued growth making this an outstanding addition to any real estate portfolio. Seize this great opportunity to acquire a multifamily asset in a desirable central location in The District.

Location

State DC

County Washington

Zoning R5B

Rooms

Basement Other

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Equipment Oven/Range - Gas, Refrigerator, Stove

Appliance Oven/Range - Gas, Refrigerator, Stove

Heat Source Natural Gas

Exterior

Exterior Feature Screened

Fence Rear, Wood, Wrought Iron

Water Access N

View Street

Roof Type Built-Up,Architectural Shingle

Accessibility None

Porch Screened

Garage N

Building

Lot Description Level

Story 2

Foundation Crawl Space

Above Ground Finished SqFt 2720

Sewer Public Sewer

Water Public

Architectural Style Other, Unit/Flat

Level or Stories 2

Additional Building Above Grade

Structure Type Plaster Walls

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 5614//0012

Ownership Fee Simple

SqFt Source 2720

Acceptable Financing Conventional, FHA, FHLMC

Listing Terms Conventional, FHA, FHLMC

Financing Conventional,FHA,FHLMC

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

DC Homes Guide

REALTOR® & Broker-Owner | ibib98374181

+1(202) 643-4687

QUICK SEARCH

There are 51 quick searches

1732 S ST SE Washington, DC 20020

DC Homes Guide

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

1732 S ST SE