$1,600,000

4512 MACARTHUR BLVD NW, Washington, DC 20007

  • 3,080 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $519/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

FULLY VACANT 4-UNIT APARTMENT BUILDING: Palisades quad-plex apartment building, comprised of two 2BDR/1BA units and two 1BDR+Den/1BA units with approximately 3,848 square feet of gross living area across two stories and a semi-finished basement. Delivering 100% vacant, the Property is therefore EXEMPT FROM TOPA AND RENT CONTROL and creates immediate flexibility for both investors and owner-occupants—a buyer could occupy one unit while generating income from the others, or capture market rents on all four units from day one with no below-market leases to inherit. The Property has historically generated strong rental demand and full occupancy from young professionals, graduate students, and others connected with nearby Georgetown and George Washington Universities, multiple hospitals, as well as northern Virginia. SIGNIFICANT IMPROVEMENTS COMPLETED: One owner has meticulously maintained the building for decades and completed meaningful improvements including: a new roof (2022), upgraded windows, granite and quartz countertops, dishwashers/modernized appliances, and a recently installed off-street parking pad. SEPERATELY METERED for gas and electricity across all four units, each served by its own new Weil-McLain boiler, allowing ownership to pass virtually all utility costs other than water/sewer through to tenants. OFF-STREET PARKING & CURB CUT: 4512 is the only building on this block of MacArthur Boulevard with a curb cut and off-street parking, a rare amenity and an essential component for any future condominium or redevelopment play. LARGE LOT & DEVELOPMENT POTENTIAL: The Property is situated on a very large 6,066 square foot lot zoned RA-1, which presents the opportunity whether now or in the future to expand the gross square footage of the building, add units, or pursue a condominium conversion, subject to approvals—all within one of the District's MOST DESIREABLE ZIP CODE, where the median home sells for roughly $1.35 million and the Property falls within the in-demand Key Elementary School district.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 7:16AM
Listing Office:
Greysteel Company LLC : 2022802722
Listing Agent:
Ari Firoozabadi : 2022802722
MLS ID:
DCDC2268170
  • A/C: None
  • Heating: Hot WaterNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • General: BrickOther
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: RA-11356//0859
  • Water: Public
  • Sewer: Public SepticPublic Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Ari Firoozabadi , Greysteel Company LLC

Monthly Payment

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

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Location

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