Turnkey 5-unit multifamily in Congress Heights offering strong cash flow and long-term appreciation potential. This fully renovated asset features five well-designed 2BR/1BA units ( 625 sq ft each Aprox), with four units located inside the main building and one unit with a separate exterior entrance—ideal for added privacy or flexible leasing options. All units have been updated with stainless steel appliances, in-unit washer/dryer, LVP flooring, central heating & cooling, and modern finishes to attract and retain quality tenants. Comprehensively renovated in 2025, the property requires no major capital improvements and delivers projected gross annual rents exceeding $94,000 with additional upside as the neighborhood continues to revitalize. The property also boasts a large backyard with potential to be converted into future resident parking (buyer to verify). Conveniently located near the Metro Green Line, I-295/I-495, the Entertainment & Sports Arena, and the transformative St. Elizabeths redevelopment, the property benefits from strong and growing tenant demand. Ideal for 1031 exchange buyers, investors, or local landlords looking to live in one unit and rent 4 other units to get positive cash flow. its a must See!!!
3,236 Sq Ft
6,462 Sq Ft Lot Size
investment
US$3,293 Annual Tax
Built in 1953
MLS/Listing ID DCDC2257988
4 Units
Heating - Natural Gas
Slab
Vinyl
Cooling - Central Air
Construction - Brick
Dishwasher
Dryer
Refrigerator
Washer
Public Water
Flat
Built-Up
Lot - Level
TOTAL MONTHLY COST
US$0
US$0
US$0
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 05/13/2026.
Source: Bright Multiple Listing Service, Inc.
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