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$875,000

For Sale

3 hours ago

1724 Capitol Ave Ne, Washington, DC

Townhouse

MLS® DCDC2282352

2 Bed

2 Bath

3216 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 3216 sqft
Garage 
Taxes $7,242
Days Active 1
Lot Size 0.07 Acres
Approx. Age 1937
Avg. Price Per Sqft $272
MLS® Number DCDC2282352

Property Address: 1724 Capitol Ave Ne, WASHINGTON, DC, 20002-2222

Average square foot calculated using Size range provided by listing agent.

Description

Rare fully-occupied 4-unit investment opportunity in DC's Brentwood corridor, minutes from Gallaudet University and Union Market. This solid brick building was built in 1937, all four units one-bedroom and individually metered for electric with their own heat pumps, keeping operating costs low and predictable for ownership. The flat roof was fully resurfaced in 2024, and a valid Certificate of Occupancy is on file. Additional features include a rear storage building with roll-up door, private decks, and a classic front porch. On-street parking. Currently producing $66, 516 in gross annual rent at a 5.7% cap rate, with every unit priced below market and a confirmed comparable-sale ceiling of $1, 687 per unit. Bringing rents to that level lifts gross income to roughly $80, 976 a year and pushes the cap rate to approximately 7.3%, a documented upside path since three of the four tenancies are DC housing voucher-backed and increases run through the housing authority's established rent reasonableness process, meaning a substantial share of income is government-backed and stable. Full financial package, rent roll, and maintenance history available upon request. Also well suited to an owner-occupant buyer using this as a house hack, live in one unit and let the other three help carry the mortgage. Won't last at this basis.
MLS® NumberDCDC2282352
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1937
Basement
DrivewayOn Street
Garage Spaces
HeatHeat Pump(s), Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 9, 2026List Date
$875,000List Price

Home Appraisal

This property is estimated to sell between: $742,000 and $942,000.
Similar properties in this area sold on average for: $742,143
Expected to sell in 80 days. Similar properties sold in 81 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1724 Capitol Ave Ne, Washington, DC

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