CHARIS REALTY GROUP

Colonial

5615 1ST PLACE NW

WASHINGTON, DC 20011

MLS#: DCDC2252102

$1,450,000

Status: Active
Listing number: DCDC2252102
Listing provided by: CENTURY 21 New Millennium
Listing agent phone: None
Last update: 3 days ago
On site: a month ago
Browse Properties
Main image without alt text

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1935

Sq.Footage

3,430

Well-maintained and recently renovated four-unit building in desirable Northwest. Each unit offers efficient layouts of approximately 850 square feet, appealing to strong tenant demand in the market. The property benefits from three off-street parking spaces — a significant competitive advantage in the area. All units on a month-to-month lease. Tenants do not have TOPA rights, but are in the process of being notified. Call LA for details/documents. This asset presents a rare opportunity to acquire a stabilized, income-producing property with minimal deferred maintenance and long-term upside in one of DC’s most resilient rental markets.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3430.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Assigned, Alley Access

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Colonial

Price

  • Sales Price

    $1,450,000

  • Tax Amount

    $12,850

  • Zoning

    Units are zoned as condos, but the property is operated as separately (sub) leased rentals.

  • Sq. Footage

    3, 430

  • Price/SqFt

    $422

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

WASHINGTON

Elementary School

Middle School

High School

Listing Courtesy of Joseph B Okon , CENTURY 21 New Millennium

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Rosie Dove

AGENT

Rosie Dove

Call Rosie today to schedule a private showing.

(301) 876-3341

rosietherealtor@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Well-maintained and recently renovated four-unit building in desirable Northwest. Each unit offers efficient layouts of approximately 850 square feet, appealing to strong tenant demand in the market. The property benefits from three off-street parking spaces — a significant competitive advantage in the area. All units on a month-to-month lease. Tenants do not have TOPA rights, but are in the process of being notified. Call LA for details/documents. This asset presents a rare opportunity to acquire a stabilized, income-producing property with minimal deferred maintenance and long-term upside in one of DC’s most resilient rental markets.

5615 1ST PLACE NW

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Motivated Seller..Creative Offers Strongly Considered...Live like a King: Occupy the entire building as your own single-family mansion. In a neighborhood full of condos, you get a whole building to yourself. OR, Let the Bank Pay You: Live in one unit, and let the three bedrooms rent out for a projected $4,000 per unit. At that rent roll, you aren't just covering your mortgage—you are building equity while someone else pays the bills. With the NOMA Metro, grocery, dozens new eateries just steps away, you are buying into a lifestyle that people are willing to pay a premium for. This is your chance to stop being a renter and start being the landlord in the city's fastest-growing backyard. MU-4 Zoned Properties with this kind of flexible utility (Office/Retail, SFH or Multi) vanish fast. Don't let this one slip through the cracks.
#DCDC2248734

WASHINGTON

1332 NORTH CAPITOL STREET NW

6 Beds

None Baths

3,306 Sq.Ft.

$1,200,000

MLS#: DCDC2248734

Newly Renovated 4‑Unit Apartment Building | Move‑In Ready | High‑Yield Investment Exceptional opportunity to own a fully renovated 4‑unit apartment building located in Northeast Washington, DC, just minutes from the U.S. National Arboretum with easy access to I‑295 and the Baltimore‑Washington Parkway. This property features four spacious 3‑bedroom units, with two units per floor, thoughtfully redesigned with modern finishes throughout. Renovations have just been completed, and the building has never been occupied since renovation—protective wrapping remains on all appliances, offering a truly turnkey investment. Property Highlights 4‑Unit Multifamily Building Four (4) 3‑Bedroom Units Two Units Per Floor Brand‑New Renovation – Never Occupied Move‑In Ready All‑New Appliances (factory wrapping still intact) Gas Heating 2 On‑Site Parking Spaces Located Near Arboretum, I‑295, and BW Parkway Investment Performance Projected Annual Rental Income: $201,600 Impressive 26% CAP Rate Rear‑Located Building Offering Privacy and Strong Tenant Appeal This is a rare, high‑cash‑flow asset ideal for investors seeking immediate income with minimal maintenance. Convenient location, strong rental demand, and brand‑new construction quality combine to make this an outstanding long‑term or value‑add hold. Do not miss this exceptional Northeast DC investment opportunity.
#DCDC2250212

WASHINGTON

1211 18TH PLACE NE

12 Beds

None Baths

3,270 Sq.Ft.

$1,199,000

MLS#: DCDC2250212

**New price adjustment on April 20th** 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 Columbia Heights / 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. There is also an option to purchase 1500 Columbia Avenue NW (4-3BR/1 BA) in the same submarket. The portfolio consists of eight total units across two separately metered buildings, offering buyers flexibility to acquire individually or as a combined investment. Both assets have 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, the properties deliver attractive going-in CAP rates ranging from approximately 6.99% to 7.39%, with NOI of approximately $271,000 combined, and strong Debt Coverage Ratios (1.30x–1.38x). A Proforma CAP Rate of 9.53% for 543 Florida Avenue. Shaw Duo offers strong in-place income, and market-supported rent growth in a low vacancy submarket. These four-unit buildings also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers, significantly expanding the buyer pool. In high-cost markets such as Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire these assets 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.
#DCDC2252868

WASHINGTON

543 FLORIDA AVENUE NW

8 Beds

None Baths

2,100 Sq.Ft.

$1,450,000

MLS#: DCDC2252868

Spectacularly located across from Rock Creek Park - in coveted Woodley Park. Currently used as four unit - three units rented out. Beautiful 1909 porchfront - grand and rich in character. Full of sunshine, lovely large windows throughout, original wood floors, parking for two cars. One unit has a balcony overlooking park - truly appealing! Loads of space and potential.
#DCDC2227968

WASHINGTON

2256 CATHEDRAL AVENUE NW

4 Beds

None Baths

3,295 Sq.Ft.

$1,525,000

MLS#: DCDC2227968

Price Drop! Renovated 4 unit building in Brookland with strong cash flow. Average rent is $2,800/month! All units are 3 bedroom, 1 bath and approximately 800 SF. Unit 1 is vacant, the other 3 units are occupied. Building was renovated in 2019 and all units feature stainless steel appliances, granite counter tops, and renovated bathrooms. Three units also have a combo washer and dryers. Heat is provided by individual boilers located in the basement. Cooling comes from window AC units. All units are separately metered for gas and electric. Owner pays water, sewer, trash, and common electric. Building features a partially finished basement with individual boilers (replaced in 2019) , hot water heaters (replaced in 2019), large tenant storage lockers, and a coin-operated laundry machine for larger loads. Building is 0.5mi from Turkey Thicket Recreation Center, 0.7mi from Catholic University, and 0.8mi from the Brookland-CUA Metro.
#DCDC2251956

WASHINGTON

4020 8TH STREET NE

12 Beds

None Baths

3,488 Sq.Ft.

$1,174,000

MLS#: DCDC2251956

Luxury Multifamily (4 BRs, 4 Full BAs, 2 half BAs, Roof Deck, 1 Secure Parking) Investment Opportunity in the Heart of NoMa! Introducing a rare opportunity to own a fully reconstructed, boutique 2-unit building in one of DC’s most dynamic neighborhoods. This 4-level duplex residence, complete with a private roof deck and has always been owner-occupied, includes three tax IDs: Unit 1 (0773//2004), Unit 2 (0773//2005), and a separately deeded secure parking space (0773//2006) with electric Level 1 charger. Rebuilt in 2019 with all new systems including HVAC, electrical, and plumbing, this turnkey property offers both immediate flexibility and long-term value. Both units are delivered fully vacant, presenting the ideal scenario for an investor or owner-occupant seeking to live in one residence while generating income from the other, or to maximize returns with two premium rental units. Each unit showcases modern luxury finishes and thoughtful design, featuring open-concept layouts, engineered oak hardwood flooring, quartz countertops with expansive Kitchen islands, stainless steel appliances with gas cooking and luxury touches like pot fillers & wine storage. The spa-inspired marble bathrooms with custom tile and matte black hardware continue the upscale theme. In-unit full-sized washer and dryers, tankless water heaters, fresh paint / designer wallpaper, and an installed reverse osmosis water filtration system complete each residence. Unit 2 (995 sf, 2 BR | 2.5 BAs) spans the upper two levels and is flooded with natural light, offering 2 bedrooms, a half bath on the main living level, and 2 full bathrooms, including an ensuite. A private balcony extends from the second bedroom (complete with a curated wall mural), while a stunning rooftop deck crowns the home with panoramic 360-degree city views—perfect for entertaining or unwinding above it all. Unit 1 (1,044 sf, 2 BR | 2.5 BAs) occupies the main and lower levels, also featuring 2 bedrooms, a half bath on the main living level, and 2 full bathrooms, including an ensuite. Each bedroom provides direct access to outdoor space, with private patios and seamless connectivity to the secure parking area via a spiral staircase with rear egress. The separately deeded parking space includes a roll-down garage door and electric car charging capability, a rare and valuable amenity. Positioned just two blocks from the NoMa Metro and moments from the vibrant Union Market District, enjoy immediate access to some of DC’s most sought-after dining destinations including El Presidente, St. Anselm, Pastis DC, and maman. A true blend of lifestyle, location, and income potential—this is city living at its finest with built-in investment upside. *LP Title is offering buyers a $500 closing cost credit for using us as the title company.*
#DCDC2254278

WASHINGTON

1168 ABBEY PLACE NE

4 Beds

None Baths

2,039 Sq.Ft.

$1,399,900

MLS#: DCDC2254278

New on site 1 day ago
Discover an exceptional investment opportunity in the heart of Washington, DC! This sophisticated two-unit property, set in the dynamic Shaw/Truxton Circle neighborhood, blends modern elegance with unmatched urban convenience. Just moments from Logan Circle, Downtown, Mount Vernon Triangle, CityCenter, and key commuter routes, this location puts shopping, dining, and essentials right at your doorstep. Both units span two levels, showcasing impeccable design and luxury finishes throughout. On the main level, each features a chef’s kitchen complete with gleaming Quartz countertops, sleek Euro cabinetry, and stainless steel appliances complete with a wine fridge. A large kitchen island invites effortless entertaining, while the adjacent living and dining spaces are bathed in natural light, finished with a contemporary flair. A convenient powder room rounds out the main level. Unit 1’s upper level offers a grand primary suite with a spa-like bathroom featuring designer tiles, a glass-enclosed shower, and a double vanity. The secondary bedroom and bathroom maintain the same high-end finishes. Outside, a private terraced backyard creates the perfect retreat for outdoor dining and relaxation. Unit 2 impresses with a sunlit primary suite boasting a custom closet system and an exquisite bathroom with double vanities and a glass shower. The secondary bedroom, ideal for guests or a home office, is paired with a charming bathroom equipped with a soaking tub. To top it all off, the third-level roof deck steals the show, delivering breathtaking Capitol views, ample space for entertaining, and a custom DC mural that adds a unique touch. Street parking is a breeze in this neighborhood with ample spaces typically available. Whether you’re seeking a luxurious urban lifestyle or a prime investment, this property offers it all. With Unit 2 vacant and ready for occupancy, and Unit 1 rented through the summer, the possibilities are endless. Don’t let this rare opportunity pass you by!
#DCDC2259160

WASHINGTON

1242 NEW JERSEY AVENUE NW

4 Beds

None Baths

2,781 Sq.Ft.

$1,575,000

MLS#: DCDC2259160

None
#DCDC2238856

WASHINGTON

2913 30TH STREET SE

4 Beds

None Baths

2,652 Sq.Ft.

$1,600,000

MLS#: DCDC2238856

14-unit multifamily property located in Southeast Washington, DC, within the Marshall Heights neighborhood. The property consists of a four-story brick apartment building, originally constructed in 1947, situated on an approximately 0.184-acre site comprising two tax parcels. The asset represents a vintage, walk-up multifamily building typical of the surrounding housing stock. The property contains 13 one-bedroom units and one studio, with an average unit size of approximately 643 square feet and an estimated 10,800 square feet of gross building area. Zoning is R-2, consistent with existing multifamily use. Exterior construction is brick with a flat roof. An appraisal dated May 17, 2024 (report date May 24, 2024) was provided to the broker by the owner for informational purposes only. The appraisal concluded an as-is market value based on conditions and assumptions as of its effective date. Buyers are advised that market conditions, physical condition, tenancy, income, and operating characteristics may have changed since the appraisal date, and the appraisal should not be relied upon as a current valuation or representation of present income, occupancy, or condition. As of January 2026, the property is partially occupied, with approximately eight (8) tenants in place. The rent roll reflects material arrearages, and two (2) units are currently subject to active eviction proceedings. No representations are made regarding collectability of rent, tenant status, or outcomes of any legal actions. The property will be conveyed subject to existing tenancies, arrears, and any ongoing or future enforcement or legal processes. The asset is offered strictly as-is, where-is, with all faults, and the seller makes no representations or warranties regarding physical condition, income, expenses, zoning compliance, tenancy, habitability, code status, or future performance. All prospective purchasers must conduct their own independent due diligence, including but not limited to physical inspections, lease review, financial verification, zoning analysis, and legal review. The offering is best suited for a local or regional investor with experience in tenant-occupied, value-add multifamily assets, capable of addressing deferred maintenance, rent collections, and tenancy issues over time.
#DCDC2242072

WASHINGTON

5111 AYERS PLACE SE

13 Beds

None Baths

10,800 Sq.Ft.

$1,295,000

MLS#: DCDC2242072

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service