927 52Nd Street NE
Washington, DC, 20019 $ 875,000
Bedrooms-- Baths-- Sq 5,954 Monthly Estimate*
$ 5,525
for $875,000. This 5,954 square foot building 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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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Settlement
Zoning MULTI-FAMILY
Construction Materials Brick
Year Built 1953
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Business Type Other
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Subdivision Name DEANWOOD
Water Access Y/N N
Status ACTIVE
Directions Sheriff Rd to 52nd St
City WASHINGTON
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 6250.00
Tax Annual Amount 9090.0
Price Per Sq Ft Total AG 146.96
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Deanwood
Tax Lot 815
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ExteriorWater Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 5954.00
Lot Size Acres 0.14
Lot Size Source Assessor
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 NearbyCommerical listings in Washington, DC
Average List Price $3,033,302
Percent of Sale Price 247%
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.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/30/2026 | $875,000 | | Listed Price |