$580,000

501 32ND ST SE, Washington, DC 20019

  • 2,336 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $248/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

Welcome to a rare, turnkey opportunity in the heart of SE Washington, DC. This isn't just a renovation; it’s a complete transformation. With over $250,000 invested in a top-to-bottom overhaul, 501 32nd St SE has been reimagined as a sophisticated four-unit multifamily property that offers the peace of mind of new construction backed by the enduring strength of its original masonry. Virtually almost every component of this building is brand new. The structure was extensively gutted and rebuilt with new framing, joists, studs, and supports. Beyond the foundation and the exterior brick, everything has been replaced: a new roof, high-efficiency HVAC systems, updated plumbing, modern electrical, and energy-efficient windows throughout. Inside, each of the four units exudes contemporary style. You’ll find designer paint schemes, hardwood flooring, and sleek new cabinetry paired with modern fixtures. The redesign prioritized both aesthetics and effortless management, ensuring each unit feels like a high-end urban retreat. For the savvy investor, this property is a high-performing asset from day one. The "heavy lifting" is finished, offering a true plug-and-play addition to your portfolio. Furthermore, the quality of the finishes and the structural upgrades provide a clear and lucrative path for a future condo conversion. Whether you are looking to maximize rental yields or execute a strategic conversion, this property stands out as a premier choice in the city’s evolving landscape. It’s rare to find a multi-unit building of this caliber where every detail has been handled with such precision—all that’s left is to start collecting rent.

Listing Status:
Active
Date Added:
September 24, 2026
Data Last Updated:
October 5, 2026 at 2:21PM
Listing Office:
Compass : 3013048444
Listing Agent:
Austen Rowland : 2403055651
MLS ID:
DCDC2275076
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: Other
  • General: Above Grade
  • Style: Other
  • General: Other
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: R5A5450//0035
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Austen Rowland , Compass

Monthly Payment

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

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Location

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