114 O St SW - Apartments FOR SALE


Washington, DC 20024- Waterfront
$2,300,000 USD
202-387-5500
114 O St SW, Washington, DC for Sale
$2,300,000 USD
Apartments - FOR SALE
1/1
null | 7.37% Cap Rate

114 O St SW
Washington, DC 20024
Waterfront


OVERVIEW

Exceptional, separately metered 4-unit property in pristine condition—ideal for investors seeking strong rental income and long-term appreciation in one of DC’s most exciting neighborhoods. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC, hot water heaters, and electric meters, making management simple and efficient. With a projected hefty $169,600 NOI at full capacity, the numbers speak for themselves. The building is 75% occupied by Section 8 tenants, providing dependable, guaranteed rental income. This is a perfect first-time buyer who wants to live in one unit and rent the rest out to offset the mortgage payment. Located just two blocks from Nationals Park and The Wharf, you’re surrounded by new development, dining, entertainment, and major city attractions. Don’t miss this chance to own a high performing property in a rapidly growing area.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$735 USD /SF

# OF UNITS

4

PRICE/UNIT

$575,000

CAP RATE

7.37%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,744 SF

ZONING

RF-1

APN/PARCEL ID

0599-0041

ASK ABOUT THIS PROPERTY

Samuel DavisLong & Foster Real Estate, Inc.More Info
202-387-5500

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Samuel DavisLong & Foster Real Estate, Inc.More Info
202-387-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.