$825,000

4261 EDSON PL NE, Washington, DC 20019

  • 2,310 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $357/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

"THE OPPORTUNITY 4261 Edson Place NE presents a rare opportunity to acquire a four-unit multifamily building in the Deanwood/Benning Ridge area of Northeast Washington, DC. The property consists of four 3BR/1BA units, currently 75% occupied with an average in-place rent of $1,971. This asset is well-positioned for either an investor seeking immediate cash flow with long-term upside or an owner-occupant looking to offset housing costs through rental income from additional units. RENT CONTROL EXEMPT As a four-unit building, 4261 Edson Place NE qualifies for DC’s rent control exemption for first-time multifamily owners. This exemption allows for market-based rent increases, offering greater flexibility and long-term income growth. For smaller investors, this designation provides a significant strategic advantage over larger, regulated assets. IDEAL FOR OWNER-OCCUPANT With one of the four units currently vacant, the property is well-suited for an owner-occupant buyer. Living in one unit while collecting rent from the remaining three offers an efficient path to reduce monthly housing expenses and build equity in a fast-evolving DC submarket. FAMILY-SIZED FLOORPLANS Each unit features three bedrooms and one bathroom, offering spacious layouts that appeal to families and long-term tenants. The larger floorplans support higher per-unit income and help meet ongoing demand for affordable, multi-bedroom housing across Northeast DC. TRANSIT-ACCESSIBLE, PARK-ADJACENT LOCATION The property is located just a 9-minute walk from the Minnesota Avenue Metro Station (Orange Line), providing direct access to downtown DC, Capitol Hill, and surrounding neighborhoods. It also sits immediately adjacent to Fort Mahan Park, offering green space and recreational opportunities. Kelly Miller Middle School is just 0.6 miles away, making the location especially attractive to families with school-aged children."

Listing Status:
Active
Data Last Updated:
February 8, 2026 at 2:18PM
Listing Office:
Greysteel Company LLC : 2022802722
Listing Agent:
Ari Firoozabadi : 2022802722
MLS ID:
DCDC2241104
  • A/C: Central A/C
  • Heating: Hot WaterNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • General: Brick
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: UNKNOWN5090//0016
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

Presented by Veterans United Realty

This listing courtesy of Ari Firoozabadi , Greysteel Company 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  †
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

Schools Nearby

L

Lorraine H. Whitlock Elementary School

533 48th Pl NE, Washington, DC, 20019

Grades EE-5

0.37 miles away

K

Kelly Miller Middle School

301 49th St NE, Washington, DC, 20019

Grades 6-8

0.50 miles away

R

Ron Brown College Preparatory High School

4800 Meade St NE, Washington, DC, 20019

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby