2609 29th Se Street SE, Washington, DC 20020

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Sold Price
$430,000
List Price
$430,000
Closing Date
Jan 09, 2026
Days on Market
11
Status
CLOSED
MLS#
DCDC2233284
Living Area
2,520
Lot Size (Acres)
0.08
Style
Traditional
Year Built
1943
County
Washington DC
School District
District Of Columbia Public Schools

Property 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

Additional Information

Taxes
$5020
School District
District Of Columbia Public Schools
Heating
Hot Water
Heating Fuel
Other
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Capital Properties. Contact:

Selling Office: .