$849,000

1715 CAPITOL AVE NE, Washington, DC 20002

  • 3,232 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1936
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $263/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

CAPITOL AVE NE QUADPLEX: $53,040 SCHEDULED ANNUAL RENT + 1 VACANT UNIT. Well-maintained solid brick 4-unit building located at 1715 Capitol Ave NE, featuring four functional 1-Bedroom + Den / 1-Bathroom units. Three units are currently occupied, generating $53,040 in scheduled annual rent ($4,420/month), with one vacant unit ready for immediate move-in or market lease-up. This property offers a direct house-hacking opportunity for an owner-occupant utilizing low- or zero-down-payment financing options, including VA (0% down), FHA (3.5% down), Conventional, or NACA programs. An owner can occupy the vacant unit on Day 1 while using the $4,420 in existing monthly rent from the three occupied units to directly subsidize mortgage carrying costs and build equity over time through loan principal reduction. The well-maintained interior spaces feature updated wood-look laminate flooring, modern ceiling fans, updated bath fixtures, and functional kitchens equipped with white cabinetry, gas ranges, and granite countertops. Additional revenue potential exists by constructing a rear parking pad to monetize off-street parking in a high-demand neighborhood. For portfolio investors, leasing the vacant fourth unit at market rates or local voucher payment standards provides an immediate path to maximize total gross revenue.

Listing Status:
Active
Date Added:
September 10, 2026
Data Last Updated:
October 5, 2026 at 7:16AM
Listing Office:
Real Broker, LLC : 8554500442
Listing Agent:
Abel M Gebremichael : 2026010160
MLS ID:
DCDC2280324
  • A/C: None
  • Heating: 90% Forced AirRadiatorNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: A-FrameBi-level
  • General: Brick
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: RF-14051//0037
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Abel M Gebremichael , Real Broker, LLC

Monthly Payment

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

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Location

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