1211 18TH PLACE NE, WASHINGTON, DC 20002
WASHINGTON County
Key Facts
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
Cooling
Heating
Pool
Parking
Construction
Foundation
Utilities
Water Source
Schools
- District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Financial Details
Annual Taxes
$7,200
Tax year 2025
Assessed Value
$907,700
Parcel Number
4445//0129
Directions
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Affordability Calculator
$239,800
Estimated monthly payment
$6,382/mo
Principal $959,200 · Est. interest $1,338,169 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in WASHINGTON, DC
- $549,388
- Median Listing Price
- 67
- Median Days on Market
- 1,250
- Median Sq Ft
- $477
- Median Price / Sq Ft
- 2,835
- Active Listings
- This home’s price is 118% above the area median.
- Its price per sq ft is 23% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in WASHINGTON, DC.
Location
Points of Interest in WASHINGTON, DC
Showing the WASHINGTON area map.
Nearby Schools
Browne Education Campus
Elementary · 0.4 mi away
Young Elementary School
Elementary · 0.5 mi away
Two Rivers Public Charter School
Elementary · 0.5 mi away
Spingarn Senior High School
Secondary · 0.6 mi away
Friendship Public Charter School Blow Pierce Campus
Secondary · 0.6 mi away
Wheatley Education Campus
Elementary · 0.6 mi away
Monument Academy
School · 0.7 mi away
Miner Elementary School
Elementary · 0.7 mi away
Kendall Demonstration Elementary School
Secondary · 0.7 mi away
Pierce School
School · 0.7 mi away
Center City Public Charter School
Elementary · 0.8 mi away
Kingsman Academy Public Charter School
School · 0.9 mi away
Kipp DC College Preparatory
Secondary School · 0.9 mi away
District of Columbia Government Instructional Superintendents Office
School · 0.9 mi away
Academy of Hope Adult Public Charter School
School · 1.0 mi away
University for Kids H Street Child Care
School · 1.0 mi away
KIPP DC College Preparatory Campus
School · 1.0 mi away
The Children's Guild DC Public Charter School
Elementary · 1.0 mi away
School Within School
School · 1.1 mi away
J.O. Wilson Elementary School
Elementary · 1.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1938 I STREET NE, WASHINGTON, DC | $898,000 | 20 | — | 2,368 |
| 2817 BUENA VISTA TERRACE SE, WASHINGTON, DC | $948,000 | 11 | — | 4,522 |
| 4611 QUARLES STREET NE, WASHINGTON, DC | $999,000 | 13 | — | 6,777 |
| 1148 OWEN PLACE NE, WASHINGTON, DC | $1,100,000 | 12 | — | 4,200 |
| 5501 FOOTE STREET NE, WASHINGTON, DC | $1,150,000 | 12 | — | 3,540 |
| 4020 8TH STREET NE, WASHINGTON, DC | $1,174,000 | 12 | — | 3,488 |
Moving Cost Estimate
EXIT Agents in WASHINGTON
Listing Courtesy: Samson Properties - 2029380228