$875,000

1724 Capitol Ave Ne, Washington, DC, 20002

4

Beds

4

Baths

3,216

Square feet

0.07

Acres

Rare fully-occupied 4-unit investment opportunity in DC's Brentwood corridor, minutes from Gallaudet University and Union Market. This solid brick building was built in 1937, all four units one-bedroom and individually metered for electric with their own heat pumps, keeping operating costs low and predictable for ownership. The flat roof was fully resurfaced in 2024, and a valid Certificate of Occupancy is on file. Additional features include a rear storage building with roll-up door, private decks, and a classic front porch. On-street parking. Currently producing $66,516 in gross annual rent at a 5.7% cap rate, with every unit priced below market and a confirmed comparable-sale ceiling of $1,687 per unit. Bringing rents to that level lifts gross income to roughly $80,976 a year and pushes the cap rate to approximately 7.3%, a documented upside path since three of the four tenancies are DC housing voucher-backed and increases run through the housing authority's established rent reasonableness process, meaning a substantial share of income is government-backed and stable. Full financial package, rent roll, and maintenance history available upon request. Also well suited to an owner-occupant buyer using this as a house hack, live in one unit and let the other three help carry the mortgage. Won't last at this basis.

Listing Details

OfficeCompass
Contact Info(202) 386-6330

Facts & Features

MLS® # DCDC2282352
Price $875,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 3,216
Acres 0.07
Year Built 1937
Type Residential
Sub-Type Interior Row/Townhouse
Style Other
Status Active

Community Information

Address 1724 Capitol Ave Ne
Subdivision BRENTWOOD
City Washington
County WASHINGTON-DC
State DC
Zip Code 20002
Senior Community No

Amenities

Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Central A/C
Fireplace No
Stories 2

Exterior

Exterior Brick
Construction Brick
Foundation Concrete Perimeter
Other Structures 10000001172,10000001174

School Information

District DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Date Listed September 8th, 2026
Days on Market 12
Zoning RF-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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