See all 12 photos

Listed by Lorenzo Wooten • Marcus & Millichap Real Estate

$1,425,000

Est. payment - /mo

Save

2,100 SqFt

Active

543 FLORIDA AVE NW Washington, DC 20001

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 Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $678

MLS Listing ID DCDC2276670

Style Art Deco

Abv Grd Liv Area 2,100

Year Built 1900

Annual Tax Amount $9,995

Tax Year 2025

Lot Size 258 Sqft

Acres 0.01

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 543 Florida Avenue NW (4 -2BR/2 BA) in the highly desirable Shaw submarket of Northwest Washington, D.C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District's most resilient rental markets.

This asset has undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, this property delivers an attractive stablized CAP rate of 9.96%, once fully leased.

This four-unit building also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers. In Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire this asset with low down payment requirements while benefiting from market-rate rents.

With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellow students or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership.

Location

State DC

County Washington

Zoning MU-4

Interior

Hot Water Electric

Heating Central

Cooling Energy Star Cooling System

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Slab

Above Ground Finished SqFt 2100

Sewer Public Sewer

Water Public

Architectural Style Art Deco

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source 2100

Acceptable Financing Cash, FHA, Other

Listing Terms Cash, FHA, Other

Financing Cash,FHA,Other

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

543 FLORIDA AVE NW Washington, DC 20001

DC Homes Guide

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

543 FLORIDA AVE NW