927 52Nd Street NE
Washington, DC, 20019 $ 875,000
Bedrooms12 Baths0.0 Monthly Estimate*
$ 5,525
for $875,000 with 12 bedrooms. This home was built in 1953 on a lot size of 0.14.
Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 10% cap rate, and delivers positive cash flow from day one. This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies. Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient. The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization. Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside.
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FeaturesGeneralLiving Area 5954
Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Settlement
Zoning MULTI-FAMILY
Architectural Style Traditional
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1953
Property Subtype Other
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Gross Income 122604.00
Accessibility None
County WASHINGTON
Net Operating Income 94564.00
New Construction N
Property Type Multi-Family
Subdivision Name DEANWOOD
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Sheriff Rd to 52nd St
City WASHINGTON
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 6250.00
Number of Units Leased 9
Tax Annual Amount 9090.0
Two Bedroom 3
Structure Type Detached
Price Per Sq Ft Total AG 146.96
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Deanwood
Tax Lot 815
Cap Rate 10.00
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InteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.14
Lot Size Source Estimated
Waterfront Y/N N
Soil Types Unknown
Land Assessed Value 252250.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByCosmopolitan Properties Real Estate BrokerageBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,525
- Monthly Property Taxes
- $758
- 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.
Learn more about how to save NearbyMulti-family listings in Washington, DC
Average List Price $1,868,965
Percent of Sale Price 114%
About Washington, DC 701,213 Population
23% Since 2002
$ 81,899 Median Income
37.42 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533234 Elementary School
3533273 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/30/2026 | $875,000 | | Listed Price |