Skip To Content

1944 3RD Street NE

WASHINGTON, DC 20002
  • $4,750,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: DCDC2278384
UPDATED: 83 min ago
$4,750,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2023
County:

School Ratings & Info

Description

This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1–4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.

Monthly Payment Calculator



©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Dogrul Associates | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-09-14T14:55:04.833.
www.novapropertiesforsale.com/homes/180100721
Print Image

1944 3RD Street NE WASHINGTON, DC 20002

  • Price: $4,750,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 83 min ago
  • ID#: DCDC2278384
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2023
Built
Neighborhood:
Eckington
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1–4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.
Exterior Features

Construction Materials Brick Garage YN No Location Type Urban Parking Types On Street Property Condition Excellent Roof Flat Soil Types Urban Land-Galestown-Rumford Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8638.00 Cooling Window Unit(s) Flooring Hardwood Heating Hot Water Heating YN Yes Net Square Feet 8636.00 Security Features Carbon Monoxide Detector(s)Exterior CamerasSmoke Detector

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Electric Circuit Breakers Foundation Details Block Gross Income 506000.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Navigable Water YN N Net Operating Income 329000.00 New Construction YN No Number Of Units Total 4 Original MLSNumber 805264852730 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 8121.00 Tax Lot 78 Total Actual Rent 506000.00 Trash Expense 0.00 Utilities Cable TVElectric AvailableMultiple Phone LinesNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2023 Zoning R4

Listing courtesy of Long & Foster Real Estate, Inc.: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Dogrul Associates | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-09-14T14:55:04.833.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_805264852730-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_805264852730-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_805264852730-2.jpg
Logo
Debbie Dogrul Associates | EXP Realty
3918 Prosperity Avenue, Suite 114
Fairfax VA, 22031