5501 FOOTE ST NE, Washington, DC 20019

• 3,540 sqft

Property Description

This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 5:17AM

Listing Office:

Fairfax Realty of Tysons : 7037528660

Listing Agent:

Santiago Noguera : 7033767675

MLS ID:

DCDC2259728

Interior

• A/C: Central A/C
• Heating: CentralElectric
• Disability Feature: None

Exterior

• General: Above Grade
• Style: Traditional

Construction

• General: MasonryBrick/Mortar

Location

• Originating MLS: BRIGHT_MAIN
• School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
• County: WASHINGTON-DC

Lot

• Zoning: R22019100233

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN