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1148 Owen Place NE Washington, DC $ 1,150,000
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1148 Owen Place NE
$ 1,150,000
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Recently Listed New Construction
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1148 Owen Place NE

Washington, DC, 20002
$ 1,150,000
Bedrooms12 Baths0.0

Monthly Estimate*

$ 7,081

1148 Owen Place NE, Washington, DC 20002 - Image 1

Multi-Family Home for sale in Washington, DC

for $1,150,000 with 12 bedrooms. This home was built in 2025 on a lot size of 0.05.

INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 6,523

Style

Colonial

Lot Size

0.05

Year Built

2025

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2262604
Features
General
Living Area 4200
Sewer Public Sewer
Heating Central Forced Air
Cooling Central A/C
Possession 90-120 Days CD
Zoning RF-1
Architectural Style Colonial
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 2025
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County WASHINGTON
New Construction Y
Property Type Multi-Family
Subdivision Name TRINIDAD
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions East on Florida Ave to Left on West Virginia Right on Owen Place
City WASHINGTON
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 2304.00
Number of Units Leased 4
Tax Annual Amount 6523.0
Property Condition Major Rehab Needed
Two Bedroom 0
Structure Type Other
Price Per Sq Ft Total AG 273.81
Acceptable Financing Cash Conventional Other
Construction Completed Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type None
Standard Status Active
Year Built Source Estimated
Tax Lot 832
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Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Parking Features Fenced Private
Water Source Public
Type of Parking On Street Parking Lot
Water View Y/N N
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Soil Types Unknown
Land Assessed Value 473380.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1148
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* Excluded Features
List By
Samson Properties

Broker

sofia@sofiapellegrino.com

Email

Affordability Calculator

$7,624
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,081
Monthly Property Taxes
$544
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
3533234 Elementary School
3533273 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/19/2026$1,150,000 Listed Price

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1148 Owen Place NE, Washington, DC, 20002 is a Multi-Family Home for sale at $1,150,000 with a lot size of 0.05. 1148 Owen Place NE has 12 bedrooms, 0.0 baths, and was built in 2025. The property's zip code is 20002 which is in Washington, DC

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