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Listed by Ari Firoozabadi • Greysteel Company LLC

$675,000

Est. payment - /mo

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2,310 SqFt

Active

4261 EDSON PL NE Washington, DC 20019

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DC Homes Guide

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,310 sqft

Price per Sqft $292

MLS Listing ID DCDC2273334

Style Other

Abv Grd Liv Area 2,310

Year Built 1950

Annual Tax Amount $4,983

Tax Year 2025

Lot Size 2,807 Sqft

Acres 0.06

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

"THE OPPORTUNITY
4261 Edson Place NE presents a rare opportunity to acquire a four-unit multifamily building in the Deanwood/Benning Ridge area of Northeast Washington, DC. The property consists of four 3BR/1BA units, currently 75% occupied with an average in-place rent of $1,971. This asset is well-positioned for either an investor seeking immediate cash flow with long-term upside or an owner-occupant looking to offset housing costs through rental income from additional units.

RENT CONTROL EXEMPT
As a four-unit building, 4261 Edson Place NE qualifies for DC's rent control exemption for first-time multifamily owners. This exemption allows for market-based rent increases, offering greater flexibility and long-term income growth. For smaller investors, this designation provides a significant strategic advantage over larger, regulated assets.

IDEAL FOR OWNER-OCCUPANT
With one of the four units currently vacant, the property is well-suited for an owner-occupant buyer. Living in one unit while collecting rent from the remaining three offers an efficient path to reduce monthly housing expenses and build equity in a fast-evolving DC submarket.

FAMILY-SIZED FLOORPLANS
Each unit features three bedrooms and one bathroom, offering spacious layouts that appeal to families and long-term tenants. The larger floorplans support higher per-unit income and help meet ongoing demand for affordable, multi-bedroom housing across Northeast DC.

TRANSIT-ACCESSIBLE, PARK-ADJACENT LOCATION
The property is located just a 9-minute walk from the Minnesota Avenue Metro Station (Orange Line), providing direct access to downtown DC, Capitol Hill, and surrounding neighborhoods. It also sits immediately adjacent to Fort Mahan Park, offering green space and recreational opportunities. Kelly Miller Middle School is just 0.6 miles away, making the location especially attractive to families with school-aged children."

Location

State DC

County Washington

Zoning UNKNOWN

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 2310

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5090//0016

Ownership Fee Simple

SqFt Source 2310

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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4261 EDSON PL NE Washington, DC 20019

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Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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4261 EDSON PL NE