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Pumsu Lim

stagesite-2.test@chime.me +1(347) 903-3025

$ 1,250,000

Est. payment | -/mo

2,300 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

2,300 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $543

Lot Size 1,307 Sqft

MLS Listing ID DCDC2274446

Style Other

Total Units 4

Short Sale No

Originating MLS BRIGHT

Property Description

PRICE JUST REDUCED. 2139 Newport Place NW is a four-unit apartment building located less than a six-minute walk from George Washington University and Dupont Circle. The Property consists of four one-bedroom apartments of similar layout, two of which are vacant, providing in-place income while offering additional upside through the lease-up of the vacant units and future value-add opportunities. Rent Control Exemption Potential: Ownership of a residential property containing four or fewer units may qualify for an exemption from the District's Rent Control regulations. This allows owners to renovate apartments and lease them at prevailing market rents without the restrictions applicable to larger multifamily assets, enhancing long-term revenue potential. Attractive Unit Features/Self-Contained Units: Each apartment is equipped with central air conditioning, in-unit washer and dryer, dishwasher, and separately metered all-electric service. The two ground level units have outdoor patios in the rear of the building. Tenants are responsible for their individual electric usage, leaving ownership responsible only for water service and contributing to an efficient, low-maintenance operating expense structure. TOPA Exempt: The District of Columbia's RENTAL Amendment Act of 2025, effective January 2026, exempts most four-unit residential properties from the Tenant Opportunity to Purchase Act (TOPA).

Location

State DC

County Washington

Zoning RA-2/DC

Interior

Hot Water Multi-tank

Heating Forced Air

Cooling Central A/C

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Building

New Construction N

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

Schools

School District District Of Columbia Public Schools

Others

Tax Amount $11,956

Tax Year 2026

Tax ID 0069//0184

Ownership Fee Simple

SqFt Source 2300

Special Sale Standard

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Listed by Christian Barreiro • Horvath & Tremblay MD, LLC

2139 NEWPORT PL NW Washington, DC 20037