15 days on rocket

2149 N St NW, Washington, DC, 20037

$2,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,024 SqFt
$761/SqFt
Multi

Location

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2149 N St NW, Washington$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingRented/Permit Required, On Street
Year Built1913
HeatingForced Air
CoolingWall Unit(s)
BasementYes
ViewCity
MLS #DCDC2170444
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 2149 N St NW

This rare, TOPA-free investment opportunity offers a clean and straightforward transaction, including four spacious two-bedroom, two-bathroom vacant units. Recent capital improvements include a brand-new roof and freshly refurbished common area. These improvements ensure minimal upfront expenses and enhance the overall appeal of this property, which sits on a prominent corner lot at the intersection of N Street NW and 22nd Street NW. Boasting a 7.06% Year 1 cap rate and a projected Net Operating Income (NOI) of +/- $162,000, this asset provides a compelling financial opportunity in one of the most in-demand rental markets in Washington, D.C. Just four blocks from George Washington University, the property’s proximity makes it an ideal investment for student housing, as well as for professionals drawn to the area’s bustling cultural, diplomatic, and business environments. Dupont Circle’s rental market consistently commands some of the highest rental rates in the city, standing 39% above the national average. The neighborhood’s proximity to Embassy Row, major universities, and Downtown D.C. guarantees a strong tenant base and excellent occupancy potential, making this an ideal opportunity for investors seeking immediate cash flow and future value appreciation.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1913
  • Living Area: 3,024 SqFt

Listing Office:

  • Office Name: Marcus & Millichap Real Estate
  • Office Phone: (202) 536-3700
  • Listing Agent: Lorenzo M Wooten Jr.

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Combination Dining/Living, Air Filter System, Bathroom - Tub Shower, Bathroom - Walk-In Shower

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Rented/Permit Required, On Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: On the corner of 22nd Street NW and N Street NW. 3 Blocks north of K Street NW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $761/SqFt

Tax Information:

  • Annual Amount: $19,107
  • Tax Year: 2020
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Housing Market Comparison

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

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Washington, DC

City

Med. Sold Price

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

2149 N St NW vs Washington

15 DAYS ON ROCKET

-28 Days

$2,300,000

+$1.6M More

$761/SqFt

+$250 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $250/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: #DCDC2170444

Listing Office:

  • Office Name: Marcus & Millichap Real Estate
  • Office Phone: (202) 536-3700
  • Listing Agent: Lorenzo M Wooten Jr.

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: 12/18/2024, 3:20:59 AM 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$19,107$2,247,930
2019$19,248$2,264,570
2018$20,596$2,423,070
2017$17,370$2,043,540

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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-4368808
7
/10

  • Ross Elementary School

  • 1730 R St NW

  • 0.59 miles

  • Public District Grades EE-5

school-card-donut-4368809
9
/10

  • Hyde-Addison Elementary School

  • 3219 O St NW

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-4368810
7
/10

  • Marie Reed Elementary School

  • 2201 18th St NW

  • 0.92 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,944. The most common annual income of people living in Washington, DC is between $35k-100k. The most common type of family is 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›20037›2149 N St NW

This home is located at 2149 N St NW in Washington, DC and zip code 20037 in the Northwest neighborhood. This 3,024 square foot home, which was built in 1913, sits on a 0.02 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $2,300,000.

Over 85 listings were sold over their listed price in November 2024 in Washington, DC. In the same period over 219 listings were sold below the listed price and 83 listings were sold for the listed price. Between October 2024 and November 2024, Washington, DC real estate market has seen increase in the number of listings by 4.8%. In November 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $676,027.

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

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