2609 29th Street SE Washington, DC 20020
Listing Courtesy of: BRIGHT IDX / Keller Williams Capital Properties

  2609 29th Street SE Washington, DC 20020

Coming Soon (1 Days)
$430,000 (USD)

Description

INVESTOR ALERT: VALUE-ADD 4-UNIT BUILDING PRICED FOR IMMEDIATE EQUITY GAIN. Acquire this exceptional 4-unit brick multifamily building in Washington, D.C., a proven vehicle for strategic wealth creation. The property consists of four identical 1-Bedroom/1-Bathroom units, offering a highly desirable and easily managed unit mix for the rental market. This asset is aggressively priced to allow the experienced buyer maximum profit margin; the 2025 Assessed Value stands at $590,590, highlighting clear and substantial room to create instant equity and force appreciation post-closing. This is a true value-add opportunity that requires a full capital expenditure (CapEx) plan. The clear roadmap involves targeted renovations to the unit interiors and updating building systems, which will directly lead to drastically increased rent rolls and maximized Net Operating Income (NOI). SOLD STRICTLY AS-IS: Seller will make absolutely no repairs or offer any credits; the pricing fully reflects the required scope of work. All due diligence must be completed prior to offer submission. This offering is ideal for cash, fha 203K or commercial financing buyers. Do not miss this chance to acquire a four-unit asset below assessed value and reposition it into a top-performing investment. This is the definition of a wealth-building opportunity

MLS #:
DCDC2233284
Taxes
$5,020(2025)
Lot Size
3,643 SQFT
Type
Multifamily
Year Built
1943
Style
Traditional
School District
District of Columbia Public Schools

Listed By

Abel M Gebremichael, Keller Williams Capital Properties
Source
BRIGHT IDX
Last checked Dec 6 2025 at 12:27 AM GMT+0000
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
Heating and Cooling
  • Hot Water
  • None
Basement Information
  • Other
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Other
Living Area
  • 2,520 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Envision and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/5/25 16:27