Riversdale Real Estate Search

Riversdale Multi-Family Properties for Sale

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Newest Riversdale Multi-Family Homes for Sale

$1,495,000
INVESTOR ALERT! Rare opportunity to acquire a well-maintained 5-unit multifamily property in the highly desirable Petworth/Northwest Washington, DC neighborhood featuring an assumable FHA loan at just 2.875%—an exceptional financing opportunity that is extremely difficult to find in today's market. Qualified buyers may be eligible to assume the existing loan, creating substantial savings compared to today's financing rates and enhancing overall investment returns. The main level is handicap accessible and was previously utilized as a medical facility, providing additional flexibility for future use (subject to applicable approvals). There is also potential to convert the property into a 6-unit building, offering an opportunity to further increase income and value. Located just off New Hampshire Avenue NW, the property is surrounded by shopping, restaurants, hospitals, Metro access, parks, and major commuter routes. Petworth continues to experience strong redevelopment, making it one of Northwest DC's most attractive neighborhoods for long-term appreciation and rental demand. Whether you're purchasing your first multifamily investment or expanding your portfolio, this property offers an outstanding combination of below-market financing, stable cash flow potential, and future upside. Recent improvements include fresh exterior paint, professional landscaping, and interior upgrades throughout all five income-producing units, minimizing near-term capital expenditures. Unit Mix & Estimated (Section 8 Rents) • 1 × 3-Bedroom Unit Estimated Rent: $3,850/month Total Monthly Income: $3,850 • 3 × 2-Bedroom Units Estimated Rent: $2,850/month each Total Monthly Income: $8,550 • 1 × 1-Bedroom Unit Estimated Rent: $1,900/month Total Monthly Income: $1,900 Total Potential Rental Income 5 Units — Approximately $14,300/month Estimated Annual Gross Income Approximately $171,600/year At the asking price of $1,495,000, the projected gross rental yield is approximately 11.5% before operating expenses. Investment Highlights: • Assumable FHA loan at an exceptional 2.875% interest rate. • Five income-producing units with potential to convert to 6 units (buyer to verify). • Handicap-accessible main level with prior medical office use. • Recently updated with exterior and interior improvements. • Strong Section 8/Housing Choice Voucher income potential. • High-demand rental location with low vacancy characteristics. • Developing neighborhood with continued investment and appreciation potential. • Excellent opportunity for both first-time and seasoned multifamily investors. Opportunities combining below-market assumable financing, immediate income potential, future value-add possibilities, and a prime Northwest DC location are exceptionally rare. Whether your strategy is cash flow, long-term appreciation, or both, this property offers a compelling investment opportunity in one of Washington, DC's most sought-after rental markets.

337 Delafield Pl Nw, Washington

Listing courtesy of EXP Realty, LLC. Contact: 8333357433

$350,000
Introducing this updated two-unit duplex in the historic Reservoir Hill neighborhood of Baltimore, offering an exceptional opportunity for investors or owner-occupants seeking additional rental income. A front patio and covered porch create inviting outdoor spaces, while a secure shared foyer provides separate access to each unit. Freshly painted throughout, both apartments feature abundant natural light, tall ceilings, hardwood floors, and open-concept layouts. Apartment 1, located on the entry level, offers one bedroom and one full bathroom, along with an updated kitchen featuring granite countertops, a tile backsplash, soft-close cabinetry, and a dining area with access to a rear deck. Spanning the second and third levels, Apartment 2 includes three bedrooms and two full bathrooms. The main living level features a spacious living room, a well-appointed kitchen with granite countertops, a tile backsplash, pantry, and dining area, along with two bedrooms and a full bathroom. The top level is dedicated to a private primary suite with an en-suite bathroom and access to a rooftop deck. Both units include their own in-unit laundry, and the expansive unfinished basement with a half bathroom provides abundant storage, workshop space, or future potential. Ideally located just minutes from MICA, Johns Hopkins University, Coppin State University, The University of Baltimore, downtown Baltimore, and multiple public transportation options including buses, Metro SubwayLink , Light RailLink, along with MARC and Amtrak trains at Penn Station, this property offers outstanding convenience. Just around the corner, Druid Hill Park continues to benefit from significant revitalization efforts, including restored recreational amenities, improved walking and biking trails, and enhanced green spaces, further elevating the appeal of one of Baltimore's largest and most treasured parks. Some images have been virtually staged.

917 Chauncey Ave, Baltimore

Listing courtesy of Northrop Realty. Contact: 4106537700

$599,900
** Vacant Turn-Key 4-Unit Gem in SE | TOPA-Free Investment Opportunity | Modern Comforts & High Income Potential An incredible opportunity for savvy investors and house-hackers alike! This vacant, all-brick 4-unit property located at 2806 Pomeroy Rd SE offers a seamless, hassle-free transition for its next owner. Delivered **100% vacant with no TOPA requirements to navigate**, this building allows you to immediately set market-rate rents, screen your preferred tenants, or execute your custom leasing strategy from day one. Each unit is thoughtfully equipped with highly sought-after tenant amenities, including **individual in-unit laundry** and **central A/C**, eliminating two of the biggest friction points for renters and driving premium monthly lease rates. Situated on a low-maintenance lot with classic mid-century brick construction, this property offers durable appeal and strong long-term fundamentals. Whether you’re looking to expand your rental portfolio with immediate cash flow, optimize market rents, or live in one unit while leasing the rest, this turn-key 4-plex is primed and ready. Don't miss out on a clean, straightforward transaction in a growing market! --- Highlights: * **Occupancy:** 100% Vacant * **Tenant Rights:** Delivered TOPA-Free (No existing leases or tenant rights to process) * **HVAC:** Individual Central Air Conditioning per unit * **Laundry:** In-unit washer and dryer in each apartment * **Construction:** Solid brick low-rise exterior * **Strategy:** Ideal for buy-and-hold investors, value-add rent optimization, or house-hacking buyers

2806 Pomeroy Rd Se, Washington

Listing courtesy of Coldwell Banker Realty - Washington. Contact: 2025473525

$875,000
Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 8.9% cap rate, and delivers positive cash flow from day one. This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies. Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient. The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization. Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside.

927 52nd St Ne, Washington

Listing courtesy of Cosmopolitan Properties Real Estate Brokerage. Contact:

$2,900,000
Investor Alert! Rare opportunity to acquire a large seven-unit apartment building in the heart of Capitol Hill, offering strong in-place income, low operating expenses, and significant value-add potential. With a Net Operating Income of $195,650, this well-maintained property delivers immediate cash flow while providing ample opportunity for a new owner to increase value and maximize future returns. The property also includes a 1,500-square-foot carriage house, adding flexibility and enhancing the overall appeal of this unique investment. One of the property's standout features is its abundance of private outdoor space. Every residence includes at least one private outdoor area, while most offer two private balconies, an increasingly sought-after amenity in urban living. Unit Breakdown: Unit 1: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 2: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 3: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 4: 2 bedrooms, 2 bathrooms, 1 private balcony Unit 5: 1 bedroom, 1 bathroom Unit 6: 1 bedroom, 1 bathroom with a private covered porch Unit 7: Carriage house 2 bedrooms, 2.5 bathrooms, two levels, balcony Ideally located just minutes from Union Station, Metro, the H Street Corridor, Eastern Market, and the U.S. Capitol, the property offers convenient access to restaurants, cafés, shopping, parks, cultural attractions, and major transportation. The combination of spacious residences, desirable private outdoor spaces, a premier Capitol Hill location, a detached carriage house, proven income, and clear upside potential makes this an exceptional investment opportunity. Photos may be virtually staged.

623 5th St Ne, Washington

Listing courtesy of Keller Williams Realty. Contact: (703) 679-1700

$1,300,000
Prime Downtown Ocean City Investment Opportunity – 106 Philadelphia Avenue Unlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay—placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living. What sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space. With parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether you’re seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean City’s most desirable downtown locations.Don’t miss this rare opportunity to own a flexible, cash-flow-friendly property in the heart of Ocean City.

106 Philadelphia Ave, Ocean City

Listing courtesy of Coldwell Banker Realty. Contact: 4438562211

$3,500,000
Positioned along Kalorama Road in the heart of Adams Morgan, 1823 Kalorama Road NW presents a rare opportunity to acquire a renovated five-unit apartment building with four private parking spaces. Originally built in 1900 and extensively reimagined in 2019, the historic brick building pairs classic Washington character with polished contemporary interiors, creating a turnkey investment in one of the city’s most dynamic and consistently sought-after neighborhoods. Arranged across five levels, the property offers a desirable and versatile unit mix. The lower level includes two one-bedroom, one-bath residences. The main and second levels each feature expansive two-bedroom, two-bath residences, with private outdoor space extending from the main-level home. Occupying the third and fourth floors, the two-level penthouse serves as the building’s signature residence, offering two bedrooms, two full bathrooms, a powder room and seamless indoor-outdoor living. Each residence has been thoughtfully finished with solid hardwood floors, high ceilings, recessed lighting, oversized windows and in-unit laundry. Sophisticated kitchens feature custom cabinetry, stone countertops, professional-grade stainless steel appliances and generous islands designed for both everyday living and entertaining. Spa-inspired bathrooms are appointed with marble tile, freestanding soaking tubs, glass-enclosed rainfall showers and designer fixtures. Select residences also offer private terraces, expansive city views and exceptional natural light. Four on-site surface parking spaces provide a level of convenience that is exceptionally rare in this part of the city and further enhance the property’s long-term tenant appeal. TOPA-compliant, the building offers immediate income alongside enduring value and future flexibility. Just moments from the restaurants, cafés and nightlife of Adams Morgan’s 18th Street and Columbia Road corridors, with easy access to Dupont Circle, Embassy Row and downtown Washington, 1823 Kalorama Road NW is a distinctive investment offering defined by location, thoughtful design and an unusually complete collection of urban amenities.

1823 Kalorama Rd Nw, Washington

Listing courtesy of TTR Sotheby's International Realty. Contact:

$549,000
Step back into history with this beautifully maintained all-brick circa 1900 historic home located in the heart of the Boonsboro Historic District. This spacious Main Street property offers over 3,700 square feet while blending historic charm with a prime location along the former National Road. Just minutes from South Mountain, Antietam, local shops, restaurants, and parks, this home is part of one of Washington County's most treasured historic communities. Boasting five bedrooms and four baths, and a first-floor Town Center commercial space with its own storefront entrance perfect for a shop. This home can be easily converted back to three apartments. Gorgeous original hardwood flooring throughout. Formal living room w/ fireplace. Formal dining room. Impressively sized kitchen with a center island. A walk-in pantry with additional pantry cabinetry. Potential space for a main-level bedroom. Upper-level laundry area. This unique property offers endless possibilities for investment, Bed and Breakfast, Airbnb, or other mixed-use opportunities. The spacious backyard includes a buildable lot and backs to a peaceful town park. Modern updates include a steel roof (2017), central HVAC, updated windows, new deck stairs and banisters (2026), upgraded electrical, city water and sewer, plus a private well. This home is on two separate meters. Rear driveway parking adds extra convenience. Own a timeless piece of Boonsboro history with the perfect blend of historic character and modern updates. Walking distance to restaurants and boutique shops. Minutes to Interstate 70 and Route 67 leading to Route 340 and the West Virginia line.

104 N Main St, Boonsboro

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

$794,000
Exceptional New Construction Duplex in Deanwood! Discover an outstanding opportunity to own a brand-new, thoughtfully designed two-unit property offering incredible versatility for both homeowners and investors. Separately metered with secure garage parking for two vehicles with remote-controlled garage access, this income-producing property is perfectly suited for an owner-occupant looking to live in one unit while generating rental income from the other, or for an investor seeking a turnkey addition to their portfolio. The upper residence offers an expansive 3-bedroom, 3.5-bathroom layout designed for modern living. The sun-drenched main level is framed by dramatic floor-to-ceiling windows, filling the open, flexible floor plan with natural light. A desirable main-level bedroom with an en suite bathroom provides the perfect space for guests, multigenerational living, or a private home office. Upstairs, you'll find two additional bedroom suites, including an oversized primary retreat featuring a luxurious en suite bathroom, two massive closets, and a charming Juliette balcony. A conveniently located upper-level laundry closet adds everyday convenience. The lower residence features a private entrance and offers an ideal 1-bedroom, 1-bathroom layout complete with a full kitchen, separate washer and dryer, and generous storage. Oversized picture windows fill the open-concept living space with natural light, while abundant cabinetry provides exceptional storage and functionality, creating a comfortable and inviting home for a tenant, guest suite, or extended family. Ideally located in the vibrant Deanwood neighborhood, this home offers convenient access to the Deanwood Metro Station, Marvin Gaye Park, the Deanwood Recreation Center, and the Deanwood Community Garden. Enjoy nearby shopping, dining, and neighborhood conveniences while benefiting from easy commuter access to Downtown Washington, DC, Capitol Hill, the H Street Corridor, Maryland, and major routes including Route 50, I-295, and I-495. Whether you're looking to offset your mortgage by renting one unit, accommodate multigenerational living, or add a high-quality investment property to your portfolio, this exceptional new construction offers modern finishes, flexible living arrangements, and outstanding income potential in one of Northeast DC's growing neighborhoods.

4312 Hayes St Ne, Washington

Listing courtesy of Redfin Corp. Contact:

$997,500
<p><strong>Welcome to 51 Q Street NW | The Ultimate Bloomingdale Urban Oasis</strong><br> Discover an extraordinary opportunity in the heart of DC’s highly coveted, ultra-walkable Bloomingdale neighborhood. Configured as a fully legal, turn-key two-unit building, 51 Q Street NW offers two entirely distinct, self-contained living spaces—each featuring independent private entrances and dual means of egress.<br> Whether you are looking for an expansive multi-generational estate, a high-yield investment addition to your portfolio, or a savvy house-hacking opportunity where premium rental income covers a massive chunk of your mortgage, this versatile property delivers on every level.</p> <p><strong>The Upper Unit</strong>: A Sophisticated Main Residence<br> Step into a sun-drenched, modern 3-bedroom, 2.5-bathroom haven that boasts a grand scale and layout rarely found in the District.</p> <ul> <li> Design & Layout: An airy, open-concept main level anchored by rich espresso hardwood floors and brilliant LED lighting throughout.</li> <li> Chef’s Kitchen: A sleek, Euro-style culinary space featuring premium quartz countertops and contemporary finishes.</li> <li><Convenience: A thoughtfully placed, stacked washer/dryer on the bedroom level ensures effortless daily living.</li> </ul> <p><strong>The Lower Unit</strong>: A Premium Income Producer or Guest Suite<br> The fully independent 2-bedroom, 2-bathroom lower-level suite is a masterclass in urban design. Perfectly suited for young professionals, couples, or extended family, this flexible space is an absolute cash cow, capable of commanding up to $3,000/month in market rent.</p> <ul> <li>Features: A modern kitchen with quartz countertops, a dedicated stacked washer/dryer, and excellent natural light.</li> <li>Versatility: Ideal as a high-earning long-term rental, a premium Airbnb, an upscale home office, or a private guest suite.</li> </ul> <p>The Urban Compound & Outdoor Living<br> Embrace the luxury of private outdoor space in the city. The property features a secure, gated front green space that maximizes curb appeal, alongside a gated rear yard with convenient alley access—perfect for entertaining, pets, or creating your own hidden garden lounge.</p> <p>Prime Location & Effortless Commuting<br> Location is everything, and 51 Q Street NW puts the absolute best of DC right at your doorstep. You are just one block away from the vibrant 1st Street dining corridor, home to legendary neighborhood institutions like The Red Hen, Big Bear Cafe, Boundary Stone, and Baccio Pizza.</p> <ul> <li>Groceries & Shopping: Trader Joe's and Whole Foods are just a few blocks away for ultimate convenience.</li> <li>Neighborhood Vibes: Enjoy an easy stroll to the bustling nightlife and dining of U Street, 14th Street, Logan Circle, Union Market, and NoMa.</li> </ul> <p>Commuting Made Simple:</p> <ul> <li>Metro: Perfectly positioned between two lines—the Shaw-Howard U station (Green/Yellow) and the NoMa-Gallaudet U station (Red) are both just a quick 0.5-mile walk.</li> <li>Transit Alternatives: A Capital Bikeshare station sits just 1 block away, and a dedicated Zipcar location is only 2 blocks from your door.</li> <li> Bus Lines: Two high-frequency bus lines are just steps away, whisking you downtown to Union Station, Gallery Place, or Metro Center in under 15 minutes.</li> <li> By Car: Enjoy rapid highway access to VA and MD via I-395 and Route 50. Drive to Reagan National Airport (DCA) in under 10 minutes, or reach Downtown, H Street, and Union Station in less than 5 minutes.</li> </ul> <p>Don't miss out on this rare Bloomingdale gem. Schedule your tour today to experience the perfect blend of luxury, location, and lucrative income potential!</p>

51 Q St Nw, Washington

Listing courtesy of Fairfax Realty Premier. Contact: 3014399500

$649,900
Rare opportunity to own an exceptional investment property in the heart of Charles Village. Ideally located just minutes from Johns Hopkins University, this turnkey multi-unit building presents an outstanding opportunity to expand your investment portfolio. The property will convey completely vacant, allowing you the flexibility to select your own tenants and maximize its income potential from day one. Currently configured as a four-unit apartment building with separately metered units, the property offers the added benefit of six individual living spaces. Unit 1 occupies two levels and features one bedroom and one full bathroom. Unit 2, also located on the first floor, offers one bedroom and one full bathroom. Both first-floor units boast impressive high ceilings that enhance the sense of space. The second floor includes Unit 3, a spacious efficiency apartment with high ceilings. Also on this level is Unit 4, which contains a washer and dryer hookup upon entry and features a generously sized one-bedroom, one-bathroom apartment. Continuing to the third floor, Unit 4 expands to include two additional living spaces that are not separately metered: Unit 4B (the fifth living space), an efficiency apartment, and Unit 4C (the sixth living space), also an efficiency apartment. While the property is legally zoned as a four-unit building, it is currently configured with six separate living areas, creating exceptional income-producing potential. Each living space is equipped with electric baseboard heat, window air conditioning units, and at least two ceiling fans for year-round comfort. Updated lighting has been installed throughout every unit as well as the common areas. Additional conveniences include a laundry hookup in the basement and a second laundry hookup on the second floor serving Unit 4 and its additional living spaces. With all six living spaces conveying vacant, this property offers endless possibilities for investors seeking strong rental income or value-add opportunities. Whether you're building or expanding your portfolio, you'll appreciate the flexibility and earning potential this unique property provides. Beyond the property itself, the location is truly exceptional. Charles Village is one of Baltimore's most sought-after neighborhoods, offering outstanding walkability and a welcoming sense of community. Enjoy easy access to Johns Hopkins University, the Baltimore Museum of Art, Olmsted's Wyman Park, the Waverly Farmers Market, Station North, and an array of local restaurants, shops, and cultural attractions. The neighborhood feels tucked away from the city's hustle while remaining close to everything that makes Baltimore vibrant. Commuting is equally convenient, with quick access to I-83 and other major highways connecting you to downtown Baltimore and beyond. This is a rare opportunity to own a distinctive investment property in one of the city's most desirable neighborhoods. Become part of the Charles Village community and enjoy the lasting value, flexibility, and potential this exceptional property has to offer. Schedule your appointment today.

2818 N Calvert St N, Baltimore

Listing courtesy of Keller Williams Gateway LLC. Contact: (443) 318-8800

$750,000
Great investment opportunity in the heart of Southeast Washington, DC! This well-maintained all-brick four-unit apartment building offers four spacious 2-bedroom, 1-bathroom residences, each with separate utilities, providing a true turnkey investment with minimal owner responsibilities. Four units are occupied by long-term tenants, providing immediate, stable rental income. However, one unit could be delivered vacant—offering the perfect opportunity for an owner-occupant to live in one unit while generating income from the other three, or lease the renovated unit at current market rents to maximize cash flow. The property has been meticulously maintained, with all occupied units in excellent condition, making it an attractive addition to any investor's portfolio. Whether you're a first-time investor utilizing owner-occupant financing or a seasoned multifamily buyer seeking a solid income-producing asset, this property checks all the boxes. Conveniently located, the property offers easy access to the vibrant amenities of Southeast Washington, DC. Residents will enjoy nearby shopping and dining at the Skyland Town Center, neighborhood conveniences at the Good Hope Marketplace, and abundant outdoor recreation at Fort Dupont Park, Anacostia Park, and the Frederick Douglass National Historic Site. Commuters will appreciate quick access to Pennsylvania Avenue SE, Suitland Parkway, I-295, and I-695, with multiple Metrobus routes nearby and convenient connections to the Potomac Avenue, Anacostia, and Congress Heights Metro stations for easy travel throughout the Washington metropolitan area. Whether you're looking to build long-term wealth through rental income or secure a property that allows you to offset your mortgage with tenant income, this is a rare opportunity to own a quality multifamily asset in one of Washington, DC's growing neighborhoods.

2330 25th St Se, Washington

Listing courtesy of Cosmopolitan Properties Real Estate Brokerage. Contact:

$848,000
Some opportunities require vision. Others require timing. The rarest opportunities offer both, with nothing left standing between acquisition and execution. Introducing The Eastlight, a 10-unit boutique condominium development opportunity positioned just off the H Street Corridor, one of Washington’s most active growth corridors where residential demand, retail expansion, and long-term neighborhood investment continue to converge. This is not a concept or a pursuit. This is a fully realized development opportunity where the hard work has already been completed. Zoning is secured. Architectural plans are complete. Construction permits are approved. The path forward is clear for a developer who understands the value of momentum. Designed by respected DC firm 2Plys Architecture, the building balances efficiency and market appeal with a unit mix proven to perform in this submarket. The program includes two three-bedroom penthouse residences, six two-bedroom homes designed for end-user demand, and two one-bedroom residences ideal for attainable price points. Two on-site parking spaces further strengthen resale positioning. With approximately 7,414 square feet of gross building area and 5,862 square feet of sellable residential space, the project is sized for execution without institutional complexity while still offering meaningful revenue potential. Estimated construction costs between $1.2M and $1.5M position the project for strong margins based on projected sellout values between $3.4M and $3.9M. Projects at this stage rarely trade. The entitlement process in Washington can take a year or more. Here, that timeline has already been absorbed. The next owner steps into a position of readiness, not risk. The Eastlight represents what experienced developers seek most: certainty, speed, and location strength. For the right buyer, this is not just another project. This is a chance to control a fully prepared development in a neighborhood still writing its growth story. (2) Expansive three-bedroom penthouses across the top two levels (6) Intelligently sized two-bedroom units (2) Boutique one-bedroom flats (2) On-site parking spaces Total gross area: 7,414 SF | Net living: 5,862 SF Nearby amenities and development drivers: H Street Corridor dining & nightlife, 0.3 miles Whole Foods Market, 0.6 miles Union Market District, 1.2 miles Union Station transportation hub, 1.4 miles Gallaudet University, 0.8 miles Streetcar access along H Street, 0.3 miles

1938 I St Ne, Washington

Listing courtesy of Corcoran McEnearney. Contact: 2025525600

$248,000
Momentum is building east of the river, and opportunities like this are where smart investors get ahead of it. ***VACANT, NO TOPA. Approved construction building permit for 2-units in hand. READY TO GO!*** This classic mid-century brick duplex presents a clear path to value creation in one of Washington’s most actively transforming corridors. Built in 1950 with solid masonry construction, the structure offers the kind of durable foundation developers look for when planning their next project. With RA-2 zoning and no historic restrictions, the property gives buyers flexibility to reimagine the existing footprint into modern residences designed for today’s rental or resale market. What makes this opportunity especially compelling is the scale of investment reshaping the surrounding area. Just blocks away, the planned RFK redevelopment anchored by the future Washington Commanders stadium is expected to bring thousands of new residences, retail, hospitality, and jobs to the neighborhood. Nearby, the 11th Street Bridge Park and continued expansion of the Anacostia Waterfront Initiative continue to draw attention, infrastructure, and long-term growth to this section of the city. For investors thinking strategically, this property offers multiple paths forward. Maintain it as a duplex and renovate for strong rental demand. Reconfigure the layout to maximize unit count within zoning. Hold as a land play as development momentum continues to accelerate. Few opportunities allow you to enter a growth story this early while maintaining control over execution strategy. For those who understand timing, positioning, and the power of buying ahead of transformation, this is where the next chapter begins. Nearby amenities: Anacostia Metro Station – approx. 0.7 miles 11th Street Bridge Park site – approx. 1.1 miles Nationals Park – approx. 2.7 miles Navy Yard dining district – approx. 2.5 miles The Wharf – approx. 3.5 miles Downtown Washington, DC – approx. 3.8 miles

1721 Q St Se, Washington

Listing courtesy of Corcoran McEnearney. Contact: 2025525600

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