$890,000

1313 ADAMS ST NE, Washington, DC 20018

  • 3,360 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1942
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $265/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Prime Opportunity for 1031 Exchange and DSCR Investors — Fully Stabilized 4‑Unit Asset with Strong Program‑Backed Income. This well‑maintained four‑unit building is delivered 100% occupied, with all units currently leased through the voucher program and producing a total actual gross rent of $9,257 per month. The unit mix includes two 3‑bedroom units, one 2‑bedroom unit, and one 1‑bedroom unit, offering a diversified rent roll supported by long‑term demand in this submarket. Operational responsibilities for the owner are limited to water, trash, and common‑area electric, allowing investors to maintain predictable expense ratios and straightforward DSCR underwriting. With program‑backed rents already in place, the property provides immediate in‑place cash flow and a stable income profile suitable for 1031 exchange investors seeking to preserve and reposition capital, as well as DSCR‑focused investors prioritizing consistent rent streams. The building’s existing voucher rent structure, combined with its fully occupied status, offers investors a reliable foundation for long‑term hold strategies, future compliance modernization, or incremental operational improvements. All financial information is based on current leases and program participation; no future performance is represented or guaranteed.

Listing Status:
Active
Date Added:
May 14, 2026
Data Last Updated:
May 20, 2026 at 6:16AM
Listing Office:
Keller Williams Capital Properties : 2022437700
Listing Agent:
Abel M Gebremichael : 2026010160
MLS ID:
DCDC2260526
  • A/C: Window Unit(s)Wall Unit
  • Heating: Baseboard - ElectricNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • General: BrickSlab
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: R-33950//0004
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Abel M Gebremichael , Keller Williams Capital Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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