2823 4th St NE - Multi-Family FOR SALE


Washington, DC 20002- Edgewood
$550,000 USD
410-977-4711
2823 4th St NE, Washington, DC for Sale
$550,000 USD
Multi-Family - FOR SALE
1/50
null | Request Cap Rate

2823 4th St NE
Washington, DC 20002
Edgewood


OVERVIEW

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, May 30th, and ends Thursday, June 4, 2026 at 1:00PM. Four-unit multifamily brick-front building located in the desirable Brookland neighborhood of Northeast Washington, DC. The two-level property contains approximately 3,480± square feet of living space, per Washington D.C. tax record. Currently vacant, the property offers a versatile opportunity for either an owner-occupant to reside in one unit while leasing the remaining units for supplemental income, or for an investor seeking a strong rental income opportunity. Location: Brookland is a historic neighborhood in Northeast Washington, DC, often referred to as “Little Rome”. The area blends a residential, tree-lined atmosphere with growing arts, dining, and mixed-use development. (Per the Washington.org website). The property is conveniently located near Trinity Washington University, The Catholic University of America, Washington VA Medical Center, and MedStar Washington Hospital Center. The surrounding area offers numerous restaurants, shopping destinations, and convenient access to major roadways throughout Washington, DC and the surrounding metropolitan area. Unit Details Unit 1 • One-bedroom, one-bath • Includes kitchen, dining area, and living room • Wood type flooring in living room • Boiler heat system • Additional storage space • Direct rear door access Unit 2 • One-bedroom, one-bath • Includes kitchen, dining room, and living room • Wood type flooring in living room • Boiler heat system • Gas water heater • Additional storage space Unit 3 • One-bedroom, one-bath • Includes kitchen, dining room, and living room • Wood type flooring in bedroom and living room • Tile flooring in kitchen and dining room • Laminate wood flooring in storage area • Boiler heat with baseboard heating system • Dedicated storage room Unit 4 • One-bedroom, one-bath • Includes kitchen, dining room, and living room • Boiler heat system • Gas water heater located in kitchen • Additional storage space Building and Property Details: • 4-Separate meters • 2-units per floor • Units are currently vacant • Fenced backyard • Front staircase leads to units • Rear staircase provides access to the back of the property. • 4 designated mailboxes on main level Diligence Package: A copy of the purchase and sale agreement, various documents, and assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Saturday, May 30th, and ends Thursday, June 4, 2026 at 1:00PM. Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

4

PRICE/UNIT

$137,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Four-Unit Multifamily Building

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

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Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

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