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825 48TH PLACE NE

WASHINGTON , DC 20019

MLS#: DCDC2243424

$475,000

Status: Active
Listing number: DCDC2243424
Listing provided by: Compass
Listing agent phone: None
Last update: 10 days ago
On site: 11 days ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1952

Sq.Footage

2,632

An exceptional opportunity to acquire a four-unit multifamily property in Northeast D.C., offering immediate income with meaningful value moving forward. One unit is now vacant, creating an ideal scenario for an owner-occupant to move in while continuing to generate rental income from the remaining three units or to lease the vacant unit and further strengthen the current rent roll. This solid all-brick building consists of four well-proportioned one-bedroom, one-bathroom apartments. The in-place rent roll reflects steady performance. For investors, the property presents a clear value-add opportunity to enhance rents and drive long-term returns. The straightforward unit mix makes it accessible for both seasoned investors and those entering the multifamily market. Perfectly positioned near Deanwood Metro, major commuter routes, and an area experiencing ongoing redevelopment, this opportunity offers stability today with strong upside potential ahead. Offered as-is and competitively priced, 825 48th Place NE stands out as a compelling opportunity in an evolving D.C. submarket. Whether you’re expanding your portfolio, exploring a live-in investment strategy, or pursuing a 1031 exchange replacement, 825 48th Place NE delivers a reliable, income-producing opportunity with long-term growth potential in one of the city’s most dynamic neighborhoods.

Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2632.0

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Other

Price

  • Sales Price

    $475,000

  • Tax Amount

    $4,044

  • Sq. Footage

    2, 632

  • Price/SqFt

    $180

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Tax Lot

    816

  • Water Source

    Public

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Location

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WASHINGTON

Elementary School

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Listing Courtesy of Jennifer S Smira , Compass

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Agent Rumpel Štilski

AGENT

Rumpel Štilski

Call Rumpel today to schedule a private showing.

(091) 384-5140

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An exceptional opportunity to acquire a four-unit multifamily property in Northeast D.C., offering immediate income with meaningful value moving forward. One unit is now vacant, creating an ideal scenario for an owner-occupant to move in while continuing to generate rental income from the remaining three units or to lease the vacant unit and further strengthen the current rent roll. This solid all-brick building consists of four well-proportioned one-bedroom, one-bathroom apartments. The in-place rent roll reflects steady performance. For investors, the property presents a clear value-add opportunity to enhance rents and drive long-term returns. The straightforward unit mix makes it accessible for both seasoned investors and those entering the multifamily market. Perfectly positioned near Deanwood Metro, major commuter routes, and an area experiencing ongoing redevelopment, this opportunity offers stability today with strong upside potential ahead. Offered as-is and competitively priced, 825 48th Place NE stands out as a compelling opportunity in an evolving D.C. submarket. Whether you’re expanding your portfolio, exploring a live-in investment strategy, or pursuing a 1031 exchange replacement, 825 48th Place NE delivers a reliable, income-producing opportunity with long-term growth potential in one of the city’s most dynamic neighborhoods.

825 48TH PLACE NE

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