Washington, DC 20019,825 48TH PL NE
Washington, DC 20019,825 48TH PL NE
Washington, DC 20019,825 48TH PL NE
Washington, DC 20019,825 48TH PL NE
Washington, DC 20019,825 48TH PL NE
Washington, DC 20019,825 48TH PL NE
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Pumsu Lim

Pumsu Lim

+1(506) 970-3459
$ 475,000
Est. payment | /mo

2,632 SqFt

Save
$ 475,000
Est. payment | /mo
Save

2,632 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,632 sqft

Price per Sqft $180

Lot Size 1,188 Sqft

MLS Listing ID DCDC2243424

Financing Cash,Conventional,FHA,VA

Style Other

Total Units 4

Short Sale No

Originating MLS BRIGHT

Property Description

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.

Location

State DC

County Washington

Zoning R*2

Interior

Interior Features Kitchen - Galley, Kitchen - Efficiency, Floor Plan - Open, Dining Area, Combination Dining/Living

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Building

New Construction N

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

School District District Of Columbia Public Schools

Others

Tax Amount $4,044

Tax Year 2025

Tax ID 5149//0816

Ownership Fee Simple

SqFt Source 2632

Acceptable Financing Cash, Conventional, FHA, VA

Special Sale Standard

Bright MLS (BMLS)
testyfx76
Listed by Jenn Smira • Compass

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