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2901 Gainesville Street SE Washington, DC $ 1,200,000
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2901 Gainesville Street SE
$ 1,200,000
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2901 Gainesville Street SE

Washington, DC, 20020
$ 1,200,000
Bedrooms-- Baths-- Sq 14,480

Monthly Estimate*

$ 7,389

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Commercial Property for sale in Washington, DC

for $1,200,000. This 14,480 square foot building was built in 1952 on a lot size of 0.28.

Exceptional investment opportunity in Southeast DC! Twelve spacious two-bedroom units located just minutes from downtown, major commuter routes, and public transit. Solid brick construction with classic mid-century architecture. Each apartment offers generous floor plans with separate living and dining areas, ample natural light, and great rental demand in a rapidly developing neighborhood. Ideal for investors seeking stable cash flow or future value-add potential. Close proximity to Metro, shopping, parks, and community amenities. Dont miss this rare chance to acquire a 12-unit multifamily asset in the District.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 10,288

Style

Apartment Building

Lot Size

0.28

Year Built

1952

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2230068
Features
Interior
Heating Fuel Electric
Flooring Other
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Septic Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession 0-30 Days CD Immediate
Roof Flat
Zoning R-5
Construction Materials Brick
Year Built 1952
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Gross Income 212000.00
Business Type Apartment Building
Accessibility None
County WASHINGTON
Net Operating Income 67101.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Right on Naylor Rd right on to Gainesville St.
City WASHINGTON
Disclosures Prop Disclaimer Prop Disclosure
Number Of Units Total 12
Lot Size Units Square Feet
Lot Size Square Feet 12131.00
Tax Annual Amount 10288.0
Property Condition Average
Price Per Sq Ft Total AG 80.67
Acceptable Financing Cash Private Other
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 72
Total Actual Rent 208800.00
Cap Rate 5.60
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Exterior
Water Source Public
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 14875.00
Lot Size Acres 0.28
Lot Size Source Estimated
Waterfront Y/N N
Soil Types Unknown
Land Assessed Value 489610.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2901
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* Excluded Features
List By
Keller Williams Legacy

Broker

iwhitlock@kw.com

Email

Affordability Calculator

$8,246
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$857
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/2/2026$1,200,000 Listed Price

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2901 Gainesville Street SE, Washington, DC, 20020 is a Commercial Property for sale at $1,200,000 with 14,480 sqft and a lot size of 0.28. 2901 Gainesville Street SE was built in 1952. The property's zip code is 20020 which is in Washington, DC

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