414 Oklahoma Avenue NE Washington, DC $ 774,900
414 Oklahoma Avenue NE
$ 774,900
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414 Oklahoma Avenue NE

Washington, DC, 20002
$ 774,900
Bedrooms2 Baths0.0

Monthly Estimate*

$ 5,150

414 Oklahoma Avenue NE, Washington, DC 20002 - Image 1
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 2
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 3
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 4
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 5
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 6
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 7
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 8
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 9
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 10
414 Oklahoma Avenue NE, Washington, DC 20002 - Image 11

Multi-Family Home for sale in Washington, DC

for $774,900 with 2 bedrooms. This home was built in 1945 on a lot size of 0.02.

This is a rare opportunity to own a well-maintained duplex (with an assumable loan) in the heart of Kingman Park, complete with tenants generating over $60,000/yr in rental income. Both units are currently leased using the voucher program, providing immediate cash flow for the savvy investor. Rented at $2,648/unit, each unit features 1 bedroom, 1 bathroom with an in-unit washer/dryer, H/W floors, and ample storage space. Conveniently located directly across from RFK Stadium, this property offers a prime location with strong rental demand. Don't miss out on this incredible investment opportunity! Photos are from prior sale in 2017. Both units are currently occupied month-to-month. All tenants are current on payments. T-12 available upon request.

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Multi-Family Contingent

Price

$ 774,900

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 6,178

Style

Dwelling with Rental

Lot Size

0.02

Year Built

1945

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2134006

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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General
Sewer Approved System
Heating 90% Forced Air
Cooling None
Utilities Electric Available Natural Gas Available
Possession 0-30 Days CD
Appliances Disposal Washer Refrigerator Oven/Range - Gas
Zoning R1
Architectural Style Dwelling with Rental
Construction Materials Brick
Year Built 1945
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 63552.00
Accessibility 32 + wide Doors
County WASHINGTON
Net Operating Income 53330.00
Operating Expense 10222.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 4
Status ACTIVE UNDER CONTRACT
Directions Oklahoma Ave Across from RFK
City WASHINGTON
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 2
Lot Size Units Square Feet
Lot Size Square Feet 892.00
Waterfront Y/N N
Number of Units Leased 2
Tax Annual Amount 6178.0
Two Bedroom 0
Structure Type Other
Price Per Sq Ft Total AG 691.88
Avg. Electric Per Month 99.0
Avg. Gas Per Month 83.29
Vacation Rental Y/N N
Avg. Water Per Month 176.0
Days on Market 72
Lease Type Ground Lease Month to Month
Standard Status Active Under Contract
Year Built Source Assessor
Legal Subdivision Old City 1
Tax Lot 14
Total Actual Rent 63552.00
Cap Rate 6.70
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Private Private/Community Water
Type of Parking On Street
Water View Y/N N
Lot Size Acres 0.02
Lot Size Source Assessor
Soil Types Chillum-Urban Land Complex
Land Assessed Value 369900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 414
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* Excluded Features
List By
Coldwell Banker Realty - Washington

Broker

taelor.salmon@cbmove.com

Email

Affordability Calculator

$5,665
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,150
Monthly Property Taxes
$515
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3533234 Elementary School
3533273 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$774,900 -3.13% Price Down
3/25/2024$799,900 Listed Price

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414 Oklahoma Avenue NE, Washington, DC, 20002 is a Multi-Family Home for sale at $774,900 with a lot size of 0.02. 414 Oklahoma Avenue NE has 2 bedrooms, 0.0 baths, and was built in 1945. The property's zip code is 20002 which is in Washington, DC