114 O Street SW Washington, DC $ 2,300,000
114 O Street SW
$ 2,300,000
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114 O Street SW

Washington, DC, 20024
$ 2,300,000
Bedrooms12 Baths0.0

Monthly Estimate*

$ 14,522

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Multi-Family Home for sale in Washington, DC for $2,300,000 with 12 bedrooms. This home was built in 1948 on a lot size of 0.06.

Exceptional, separately metered 4-unit property in pristine conditionideal for investors seeking strong rental income and long-term appreciation in one of DCs most exciting neighborhoods. It also works for an owners-unit with 3-additional income producing units. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC, hot water heaters, and electric meters, making management simple and efficient. With a projected hefty $169,600 NOI at full capacity, the numbers speak for themselves. The building is 75% occupied by Section 8 tenants, providing dependable, guaranteed rental income. This is a perfect first-time buyer who wants to live in one unit and rent the rest out to offset the mortgage payment. Located just two blocks from Nationals Park and The Wharf, youre surrounded by new development, dining, entertainment, and major city attractions. Dont miss this chance to own a high performing property in a rapidly growing area.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 7,298

Style

Federal

Lot Size

0.06

Year Built

1948

Town/City

Washington

County/Region

WASHINGTON

MLS | Web ID

DCDC2263898

Features
General
Living Area 3131
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession 31-60 Days CD Negotiable
Roof Built-Up
Appliances Built-In Microwave Dishwasher Disposal Dryer Exhaust Fan
Zoning RF1
Architectural Style Federal
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1948
View City
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Gross Income 230257.00
Accessibility None
County WASHINGTON
Net Operating Income 153000.00
Operating Expense 77000.00
New Construction N
Property Type Multi-Family
Subdivision Name SOUTHWEST WATERFRONT
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 20
Status ACTIVE
Directions From the corner of South Capitol Street and M Street... south on South Capitol Street. Right on O Street. After going 2 blocks property is on the left.
City WASHINGTON
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 2725.00
Number of Units Leased 3
Tax Annual Amount 7298.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 0
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 734.59
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Legal Subdivision Old City 1
Tax Lot 41
Total Actual Rent 242376.00
Cap Rate 6.70
Association Recreation Fee N
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Interior
Heating Fuel Electric
Flooring Carpet Ceramic Tile
Hot Water Electric
Furnished Units None
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Concrete Driveway
Water Source Public
Type of Parking Off Street
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Urban Land-Sassafras-Chillum
Land Assessed Value 545250.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 114
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

samuel@lnf.com

Email

Affordability Calculator

$15,131
Per Month
96%
4%
0%
Monthly Principal & Interest
$14,522
Monthly Property Taxes
$608
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
5/26/2026$2,300,000 Listed Price

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114 O Street SW, Washington, DC, 20024 is a Multi-Family Home for sale at $2,300,000 with a lot size of 0.06. 114 O Street SW has 12 bedrooms, 0.0 baths, and was built in 1948. The property's zip code is 20024 which is in Washington, DC