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

Washington, DC, 20024
$ 2,300,000
Bedrooms-- Baths-- Sq 3,131

Monthly Estimate*

$ 14,522

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Commercial Property for sale in Washington, DC for $2,300,000. This 3,131 square foot building 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 100% occupied by Section 8 tenants, providing dependable, guaranteed rental income. 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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Commercial Active

Price

$ 2,300,000

Property Type

Commercial

Taxes

$ 7,298

Style

Apartment Building

Lot Size

0.06

Year Built

1948

Town/City

Washington

County/Region

WASHINGTON

MLS | Web ID

DCDC2278388
Features
Interior
Heating Fuel Electric
Flooring Carpet Ceramic Tile
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession 31-60 Days CD Negotiable
Roof Built-Up
Zoning RF1
Construction Materials Brick
Year Built 1948
View City
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Gross Income 223000.00
Business Type Apartment Building
Accessibility None
County WASHINGTON
Net Operating Income 156000.00
Operating Expense 67000.00
New Construction N
Property Type Commercial Sale
Subdivision Name SOUTHWEST WATERFRONT
Water Access Y/N N
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
Tax Annual Amount 7298.0
Property Condition Excellent
Price Per Sq Ft Total AG 734.59
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Old City 1
Tax Lot 41
Total Actual Rent 223000.00
Cap Rate 6.70
Association Recreation Fee N
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Exterior
Parking Features Paved Parking
Water Source Public
Type of Parking Driveway
Foundation Details Block
Water View Y/N N
Building Area Total 3131.00
Lot Size Acres 0.06
Lot Size Source Estimated
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
8/13/2026$2,300,000 Listed Price

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114 O Street SW, Washington, DC, 20024 is a Commercial Property for sale at $2,300,000 with 3,131 sqft and a lot size of 0.06. 114 O Street SW was built in 1948. The property's zip code is 20024 which is in Washington, DC

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