Build generational wealth with this unique opportunity to acquire two adjacent four-unit multifamily assets in a package deal! Owner is willing to sell this building with 2330 25th Street SE (MLS# DCDC2166516) as a two property package, or individually. Both buildings are already generating above-market rents, with potential for further development based on zoning and ability to extend the rear by 10 feet. Step into a stress free investment as these units have been renovated as needed and well maintained and managed by the same savvy owner for more than 20 years. It's your turn to capitalize! Please reach out to the showing contact directly for details on current financials. Welcome to multi-family ownership!
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1941
Living Area: 2,968 SqFt
Listing Office:
Office Name: Marcus & Millichap Real Estate
Office Phone: (202) 536-3700
Listing Agent: Darryl Stacey Milam
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Hot Water
Cooling: None
Other
Directions Information:
Directions: From Marion Barry Avenue, turn on 25th Street SE. Property on left.
Price Information
Listing Price Info
Price Summary:
List Price: $799,999
Price Per SqFt: $270/SqFt
Tax Information:
Annual Amount: $3,154
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $127.6K more than the Median Sold Price and $241/SqFt less than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2166512
Listing Office:
Office Name: Marcus & Millichap Real Estate
Office Phone: (202) 536-3700
Listing Agent: Darryl Stacey Milam
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,060
Per Month
Principal & Interest
$3,993
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,465
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Stanton Elementary School
2701 Naylor Rd SE
Distance between this listing and this school0.08 miles
Public District Grades EE-5
8
/10
Rocketship Public Charter School - Rise Academy
2335 Raynolds Pl SE
Distance between this listing and this school0.42 miles
Public Charter Grades PK-5
3
/10
Garfield Elementary School
2435 Alabama Ave SE
Distance between this listing and this school0.60 miles
Public District Grades EE-5
Nearby Schools
2
/10
Kramer Middle School
1700 Q St SE
Distance between this listing and this school0.96 miles
Public District Grades 6-8
2
/10
Johnson Middle School
1400 Bruce Pl SE
Distance between this listing and this school0.99 miles
Public District Grades 6-8
6
/10
Kipp Dc - Aim Academy Public Charter School
2600 Douglass Rd SE
Distance between this listing and this school1.09 miles
Public Charter Grades 5-8
Nearby Schools
4
/10
Anacostia High School
1601 16th St SE
Distance between this listing and this school0.98 miles
Public District Grades 9-12
5
/10
Thurgood Marshall Academy Public Charter School
2427 Martin Luther King Jr Ave SE
Distance between this listing and this school1.32 miles
Public Charter Grades 9-12
9
/10
Friendship Public Charter School - Technology Preparatory High School
2705 Martin Luther King Jr Ave SE
Distance between this listing and this school1.66 miles
The neighbors living near this home have an average income of $39,088. The majority of Washington, DC residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
This home is located at 2328 25th St SE in Washington, DC and zip code 20020 in the Southeast neighborhood. This 2,968 square foot home, which was built in 1941, sits on a 0.17 acre lot. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $799,999.
While more than 142 listings in Washington, DC in October 2024 were sold above asking price, there were more than 118 listings sold at asking price, and more than 225 were sold below. The inventory of homes for sale in Washington, DC between September 2024 and October 2024 increased by 21.3%. 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.