2311 Minnesota Avenue SE
Washington, DC, 20020 $ 499,000
Bedrooms5 Baths2.0 Sq 1,428 Monthly Estimate*
$ 3,446
for $499,000 with 5 bedrooms and 2 full baths. This 1,428 square foot townhouse was built in 1912 on a lot size of 0.06.
TWIN MU-4 ROWHOMES: TURNKEY HIGH-YIELD ASSETS WITH FUTURE DEVELOPMENT UPSIDE. Positioned just one block off the Pennsylvania Ave SE commercial corridor, 2311 and 2313 Minnesota Ave SE offer a rare combination of immediate, high-yield cash flow and long-term zoning flexibility. Available for purchase individually or together as an assemblage, each semi-detached rowhome is delivered in updated, move-in-ready condition equipped with central air conditioning and a spacious 5-bedroom, 2-bathroom layout. Current submarket benchmarks for 5-bedroom voucher programs demonstrate strong earning potential, evidenced by recent local comps including 2332 Q St SE (leased at $6,218/mo on 05/07/26), 1335 T St SE (leased at $6,382/mo on 10/05/26), and 1426 S St SE (lease pending at $5,800/mo), supporting a conservative pro-forma estimate of a 14% cash-on-cash return on Day 1 operations even in today's rate climate. Additionally, each property features a full, unfinished basement with high ceilings that presents an immediate value-add pathway to build out an additional bedroom, where 6-bedroom voucher payment standards in the submarket currently command upwards of $7,000/month. For long-term investors, the underlying MU-4 zoning (moderate-density mixed-use) unlocks substantial future exit strategies, including multi-unit apartment conversion, commercial integration, or vertical redevelopment across both contiguous parcels. DISCLAIMER: Pro-forma projections, historical comps, voucher payment schedules, and zoning re-use potential are provided for informational and analytical purposes only. Buyer and buyer's broker are strictly responsible for conducting their own independent due diligence regarding zoning allowances, allowable density, building permits, Certificate of Occupancy requirements, tax assessments, and current local housing voucher payment standards prior to closing.
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FeaturesGeneralLiving Area 1428
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning MU-4
Architectural Style Traditional
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1912
Levels 2
Tax Year 2026
Ownership Fee Simple
Cool Fuel Natural Gas
Accessibility None
County WASHINGTON
New Construction N
Property Type Residential
HOA N
Subdivision Name RANDLE HEIGHTS
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Full Baths 2
Status COMING SOON
Directions See GPS or Google Maps
City WASHINGTON
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 2750.00
Tax Annual Amount 4988.0
Structure Type Twin/Semi-Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 349.44
Acceptable Financing Cash Conventional FHA VA
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision Randle Heights
Tax Lot 21
Association Recreation Fee N
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InteriorHeating Fuel Natural Gas
Basement Unfinished
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Above Grade Finished Area 1428
Half Baths 0
Central Air Y/N Y
Total Bedrooms 5
Main Level Bedrooms 2
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Spa N
Water View Y/N N
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Urban Land Not Rated
Horse Y/N N
Land Assessed Value 175230.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byabel@urbanmultifamilyadvisory.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,446
- Monthly Property Taxes
- $416
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyTownhouse listings in Washington, DC
Average List Price $968,147
Percent of Sale Price 94%
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 |
|---|
| 10/15/2026 | $499,000 | | Listed Price |