Homes for sale - 2609 29TH ST SE, Washington, DC 20020

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Muller Dessie

muller@happyhomesdc.com +1(301) 366-6058

Listed by Abel M Gebremichael • Keller Williams Capital Properties

$ 430,000

Est. payment | -/mo

2,520 SqFt

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$ 430,000

Est. payment | -/mo

Save

2,520 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $170

MLS Listing ID DCDC2233284

Style Traditional

Abv Grd Liv Area 2,520

Year Built 1943

Available Date 2025-12-12

Annual Tax Amount $5,020

Tax Year 2025

Lot Size 3,643 Sqft

Acres 0.08

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

INVESTOR ALERT: VALUE-ADD 4-UNIT BUILDING PRICED FOR IMMEDIATE EQUITY GAIN. Acquire this exceptional 4-unit brick multifamily building in Washington, D.C., a proven vehicle for strategic wealth creation. The property consists of four identical 1-Bedroom/1-Bathroom units, offering a highly desirable and easily managed unit mix for the rental market. This asset is aggressively priced to allow the experienced buyer maximum profit margin; the 2025 Assessed Value stands at $590,590, highlighting clear and substantial room to create instant equity and force appreciation post-closing. This is a true value-add opportunity that requires a full capital expenditure (CapEx) plan. The clear roadmap involves targeted renovations to the unit interiors and updating building systems, which will directly lead to drastically increased rent rolls and maximized Net Operating Income (NOI). SOLD STRICTLY AS-IS: Seller will make absolutely no repairs or offer any credits; the pricing fully reflects the required scope of work. All due diligence must be completed prior to offer submission. This offering is ideal for cash, fha 203K or commercial financing buyers. Do not miss this chance to acquire a four-unit asset below assessed value and reposition it into a top-performing investment. This is the definition of a wealth-building opportunity

Location

State DC

County Washington

Zoning RA-1

Rooms

Basement Other

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Fireplace N

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 2520

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5643//0008

Ownership Fee Simple

SqFt Source 2520

Acceptable Financing Cash, Conventional, FHA 203(k), Exchange, Bank Portfolio

Listing Terms Cash, Conventional, FHA 203(k), Exchange, Bank Portfolio

Financing Cash,Conventional,FHA 203(k),Exchange,Bank Portfolio

Special Listing Condition Standard

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Muller Dessie

Real Estate Consultant

muller@happyhomesdc.com

+1(301) 366-6058

8115 Maple Lawn Blvd # 350, Fulton, MD, 20759, USA

2609 29TH ST SE Washington, DC 20020

Muller Dessie

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2609 29TH ST SE