$499,000

2313 MINNESOTA AVE SE, Washington, DC 20020

  • 5 beds |
  • 2 baths |
  • 1,428 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $349/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

TWIN MU-4 ROWHOMES: TURNKEY HIGH-YIELD ASSETS WITH FUTURE DEVELOPMENT UPSIDE. Positioned just one block off the Pennsylvania Ave SE commercial corridor, 2311 and 2313 Minnesota Ave SE offer a rare combination of immediate, high-yield cash flow and long-term zoning flexibility. Available for purchase individually or together as an assemblage, each semi-detached rowhome is delivered in updated, move-in-ready condition equipped with central air conditioning and a spacious 5-bedroom, 2-bathroom layout. Current submarket benchmarks for 5-bedroom voucher programs demonstrate strong earning potential, evidenced by recent local comps including 2332 Q St SE (leased at $6,218/mo on 05/07/26), 1335 T St SE (leased at $6,382/mo on 10/05/26), and 1426 S St SE (lease pending at $5,800/mo), supporting a conservative pro-forma estimate of a 14% cash-on-cash return on Day 1 operations even in today's rate climate. Additionally, each property features a full, unfinished basement with high ceilings that presents an immediate value-add pathway to build out an additional bedroom, where 6-bedroom voucher payment standards in the submarket currently command upwards of $7,000/month. For long-term investors, the underlying MU-4 zoning (moderate-density mixed-use) unlocks substantial future exit strategies, including multi-unit apartment conversion, commercial integration, or vertical redevelopment across both contiguous parcels. DISCLAIMER: Pro-forma projections, historical comps, voucher payment schedules, and zoning re-use potential are provided for informational and analytical purposes only. Buyer and buyer's broker are strictly responsible for conducting their own independent due diligence regarding zoning allowances, allowable density, building permits, Certificate of Occupancy requirements, tax assessments, and current local housing voucher payment standards prior to closing.

Listing Status:
Active
Date Added:
October 21, 2026
Data Last Updated:
November 4, 2026 at 3:18PM
Listing Office:
Real Broker, LLC : 8554500442
Listing Agent:
Abel M Gebremichael : 2026010160
MLS ID:
DCDC2287924
  • Basement: Unfinished
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: A-Frame
  • General: Brick2Other
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: MU-45578//0022
  • Water: Public
  • Sewer: PrivateSewer
  • 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 $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby