new - 1 day on rocket

1425 Q St NW, Washington, DC, 20009

$1,940,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,380 SqFt
$574/SqFt
Multi

Location

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1425 Q St NW, Washington$1,940,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingCrushed Stone, Parking Space Conveys, Private, Driveway, Alley, Off Street
Year Built1880
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #DCDC2168924
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1425 Q St NW

Welcome to 1425 Q Street Northwest, a modern and smart investment opportunity nestled in the vibrant heart of Washington, DC. This impressive 3-unit building boasts a gross annual rent of $111,400, with a remarkable 17.42 gross rent multiplier, making it a savvy addition to any portfolio. Situated on a 2,090 square foot lot, this property offers the convenience of two-car parking—an invaluable asset in the bustling city. Each unit is equipped with essential amenities, including a dryer, washer, and air conditioning, ensuring comfort and convenience for tenants. All units are multi-level with functional floor plans and superb flow. The location is unparalleled, placing you just steps away from the lively 14th Street and P Street retail corridors. Enjoy the culinary delights of renowned eateries such as Le Diplomate and Barcelona, or take advantage of the proximity to the Dupont Metro and Circulator buses for seamless city commuting. The iconic Logan Circle is also nearby, offering a charming urban oasis. Whether you're an investor seeking a high-performing asset or a homeowner looking to capitalize on rental income, 1425 Q Street Northwest presents a compelling opportunity. Embrace the dynamic lifestyle of Washington, DC, with this strategically positioned property that combines modern living with smart investment potential. Don't miss the chance to own a piece of this thriving community.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1880
  • Living Area: 3,380 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Renee M Peres

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Fully Carpeted, Hardwood, Wood

Exterior Features

Exterior Information:

  • Exterior: Sidewalks

Parking Information:

  • Parking: Crushed Stone, Parking Space Conveys, Private, Driveway, Alley, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Q Street is one-way, located between 14th and 15th Street NW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,940,000
  • Price Per SqFt: $574/SqFt

Tax Information:

  • Annual Amount: $13,302
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

1425 Q St NW vs Washington

1 DAY ON ROCKET

-42 Days

$1,940,000

+$1.2M More

$574/SqFt

+$63 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $63/SqFt more than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2168924

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Renee M Peres

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,302$1,564,960
2019$13,001$1,529,530
2018$12,796$1,505,460
2017$12,039$1,416,310

History based on county public records data.

Payment Calculator

$9,750

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,883

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-261340
7
/10
  • Garrison Elementary School

  • 1200 S St NW

  • 0.31 miles

  • Public District Grades EE-5

school-card-donut-261341
7
/10
  • Ross Elementary School

  • 1730 R St NW

  • 0.36 miles

  • Public District Grades EE-5

school-card-donut-261342
7
/10
  • Seaton Elementary School

  • 1503 10th St NW

  • 0.45 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,848. Most Washington, DC residents have annual incomes between $100k-200k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›District of Columbia›Washington›20009›1425 Q St NW

This home is located at 1425 Q St NW in Washington, DC and zip code 20009 in the Northwest neighborhood. This 3,380 square foot home, which was built in 1880, sits on a 0.05 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,940,000.

In October 2024 more than 142 listings in Washington, DC were sold above the asking price. During the same period more than 118 listings were sold at asking price, while more than 225 were sold below. The number of homes for sale in Washington, DC increased by 21.3% between September 2024 and October 2024. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $672,329.

From Rocket Homes Real Estate and based on county public records data.

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