1211 18th Place NEWashington, DC 20002

Description

Newly Renovated 4‑Unit Apartment Building | Move‑In Ready | High‑Yield Investment Exceptional opportunity to own a fully renovated 4‑unit apartment building located in Northeast Washington, DC, just minutes from the U.S. National Arboretum with easy access to I‑295 and the Baltimore‑Washington Parkway. This property features four spacious 3‑bedroom units, with two units per floor, thoughtfully redesigned with modern finishes throughout. Renovations have just been completed, and the building has never been occupied since renovation—protective wrapping remains on all appliances, offering a truly turnkey investment. Property Highlights 4‑Unit Multifamily Building Four (4) 3‑Bedroom Units Two Units Per Floor Brand‑New Renovation – Never Occupied Move‑In Ready All‑New Appliances (factory wrapping still intact) Gas Heating 2 On‑Site Parking Spaces Located Near Arboretum, I‑295, and BW Parkway Investment Performance Projected Annual Rental Income: $201,600 Impressive 26% CAP Rate Rear‑Located Building Offering Privacy and Strong Tenant Appeal This is a rare, high‑cash‑flow asset ideal for investors seeking immediate income with minimal maintenance. Convenient location, strong rental demand, and brand‑new construction quality combine to make this an outstanding long‑term or value‑add hold. Do not miss this exceptional Northeast DC investment opportunity.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Structure type

Townhouse

Year built

1941

Living area

3,270 Sq Ft

Lot size

0.07 acres

Parking spaces

2

Zoning

RESIDENTIAL

Days on market

64

MLS^® Listing#

DCDC2250212

Property Features

Appliances

Cooktop · Electric Water Heater · Refrigerator

Cooling

Central Air · Electric

Heating

Natural Gas · Forced Air

Pool

None

Parking

Concrete · On Street · Private · Driveway

Construction

Brick

Foundation

Block

Utilities

Sewer Available · Water Available · Natural Gas Available

Water source

Public

Schools

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Financial Details

Annual taxes

$7,200Tax year 2025

Assessed value

$907,700

Parcel number

4445//0129

Directions

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