2822 28Th Street SE Washington, DC $ 1,500,000
2822 28Th Street SE
$ 1,500,000
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2822 28Th Street SE

Washington, DC, 20020
$ 1,500,000
Bedrooms-- Baths-- Sq 4,658

Monthly Estimate*

$ 9,358

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Commercial Property for sale in Washington, DC

for $1,500,000. This 4,658 square foot building was built in 1943 on a lot size of 0.11.

Introducing an exceptional investment opportunity in Washington, DC! Welcome to 2822 28th Street, SE a charming multifamily property with six units, located in the sought-after area of Washington, DC. This well-maintained building, constructed in 1943, boasts a total of 4,658 square feet and sits on a land area of 4,481 square feet. Featuring a mix of spacious 1 and 2-bedroom units, the property offers a lucrative investment with a projected cap rate of 8.11%. With a market cap rate of 5%, this property presents a compelling opportunity for investors seeking stable returns. The units are projected to yield an annual total income of $169,800. This property is not just a place to live but also a savvy investment choice in a prime location. Residents will enjoy the added convenience of three dedicated parking spaces. Ideally located, this property is just steps from the lush expanses of Dupont Park and the scenic beauty of Hillcrest Garden, making it perfect for outdoor enthusiasts. For the active nature lovers, the proximity to the George Washington Carver Nature Trail offers a tranquil escape into the area's natural beauty. The Anacostia Neighborhood Library, with its wealth of resources and community programs, is also nearby. Whether you're an investor aiming to expand your portfolio or seeking a multifamily property with strong income potential, this apartment building provides an unparalleled opportunity. Don't miss the chance to own and add a valuable asset to your portfolio in the vibrant DC market!

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 6,310

Style

Apartment Building

Lot Size

0.11

Year Built

1943

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2224826

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 8
Entry Level 1
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General
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession Settlement
Zoning R-5
Construction Materials Brick
Year Built 1943
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Accessible by GPS
City WASHINGTON
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 4881.00
Tax Annual Amount 6310.0
Price Per Sq Ft Total AG 322.03
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://listings.hdbros.com/sites/qajnkzl/unbranded
Standard Status Active
Year Built Source Assessor
Legal Subdivision Randle Heights
Tax Lot 6
Cap Rate 9.00
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Exterior
Water Source Public
Type of Parking Driveway
Water View Y/N N
Building Area Total 4658.00
Lot Size Acres 0.11
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Unknown
Land Assessed Value 263480.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2822
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* Excluded Features
List By
Compass

Broker

kalonji@foremanpropertiesgroup.com

Email

Affordability Calculator

$9,884
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$526
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2025$1,500,000 Listed Price

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2822 28Th Street SE, Washington, DC, 20020 is a Commercial Property for sale at $1,500,000 with 4,658 sqft and a lot size of 0.11. 2822 28Th Street SE was built in 1943. The property's zip code is 20020 which is in Washington, DC