5601 COLORADO AVE NW, Washington, DC 20011

• 5,560 sqft

Property Description

Six-Unit Apartment Building | Offered at $1,350,000 Rare opportunity to acquire a well-maintained six-unit apartment building in the highly desirable 16th Street Heights / Brightwood Park area of Northwest Washington, DC. Built in 1936, this classic brick apartment building consists of six one-bedroom, one-bath units and offers investors stable income with significant long-term upside in one of DC's most established residential neighborhoods. The property features spacious one-bedroom floor plans, hardwood flooring, updated kitchens in select units, on-site laundry facilities, basement storage, and off-street parking availability. Residents enjoy convenient access to Rock Creek Park, 16th Street, public transportation, neighborhood shopping, dining, and major commuter routes throughout the District and surrounding metropolitan area. Current operations include a mix of market-rate and voucher-assisted tenancy, creating a diversified income stream. Based on current rents, the property generates approximately $148,164 in annual gross income. After operating expenses of approximately $30,445 annually, the building produces an estimated Net Operating Income (NOI) of $117,719, resulting in an attractive 8.7% capitalization rate at the asking price of $1,350,000. This represents a compelling opportunity for investors seeking immediate cash flow and long-term appreciation potential in the Washington, DC market. All numbers based on 2025 full year expenses.

Listing Status:

Active

Data Last Updated:

June 23, 2026 at 6:17AM

Listing Office:

CENTURY 21 New Millennium : 3015198100

Listing Agent:

Alex Saenger : 3012001232

MLS ID:

DCDC2267490

Interior

• A/C: Central A/CHeat Pump(s)
• Heating: Forced AirHeat Pump(s)Electric
• Disability Feature: None

Exterior

• General: Above Grade
• Style: FederalTraditional

Construction

• General: Brick

Location

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

Lot

• Zoning: R-5-A2798//0016
• View: City

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN