2241 40th Place NWWashington, DC 20007
WASHINGTON County
Description
NEW PRICE!! Prime Glover Park fourplex, totally remodeled in 2014, offering a rare blend of turnkey income, long‑term stability, and future redevelopment potential in one of Northwest DC’s most desirable residential corridors. This fully detached building allows abundant natural light to reach all four apartments—an uncommon advantage in the neighborhood. All four units are VACANT, providing immediate flexibility for new owners—ideal for investors seeking fresh leases at market rents or owner‑occupants looking to customize their preferred unit. Each of the four spacious 1‑bedroom residences features renovated kitchens, refreshed baths, hardwood floors, upgraded systems, and efficient layouts that maximize rentability. The property has been exceptionally maintained, including a new roof installed in 2024, delivering a low‑maintenance, high‑performing asset from day one. Situated on a 5,274 sq ft corner lot, the site offers meaningful long‑term upside for buyers exploring expansion, reconfiguration, or redevelopment under favorable zoning characteristics (buyer to verify). Strong rental demand, walkability, and proximity to Wisconsin Ave, Stoddert Elementary, parks, retail, and transit make this an ideal hold for both seasoned investors and owner‑occupants seeking income support. A rare opportunity to secure a stabilized, detached, fully updated multifamily asset in a supply‑constrained neighborhood with significant future potential. Sale is subject to a 1031 Tax Exchange.
Property Information
- Property type
- Residential Income
- Sub-type
- Quadruplex
- Style
- Colonial
- Year built
- 1933
- Living area
- 3,648 Sq Ft
- Lot size
- 0.12 acres
- Zoning
- R
- Days on market
- 92
- MLS® Listing#
- DCDC2265748
Property Features
- Appliances
- Electric Water Heater
- Cooling
- Central Air · Electric
- Heating
- Electric · Forced Air
- Pool
- None
- Parking
- Private · Alley Access
- Construction
- Brick
- Sewer
- Public Sewer
- Water source
- Public
Schools
- District
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Financial Details
- Annual taxes
- $15,358Tax year 2025
- Assessed value
- $1,797,000
- Parcel number
- 1317//0012
Directions
From W St NW right on 40th Pl NW to 2241 40th Pl NW
Listing Courtesy: Solutions Realty Group LLC - 7037501450
WASHINGTON Market Statistics
How this home compares to 3,067 active listings in WASHINGTON, DC
| WASHINGTON median | This listing | |
|---|---|---|
| Median listing price | $552,430 | $1,675,000 |
| Median days on market | 64 | 92 |
| Median Sq Ft | 1,286 | 3,648 |
| Median price / Sq Ft | $474 | $459 |
Market statistics compiled from active EXIT Realty® and MLS listings in WASHINGTON, DC.
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1729 CHURCH STREET NW, WASHINGTON, DC | $1,590,000 | 4 | — | 2,028 |
| 1434 CORCORAN STREET NW, WASHINGTON, DC | $1,579,000 | 4 | — | 2,520 |
