1615 22nd St SE
Washington, DC 20020
Auction - Sep 22-24 - Permit-Ready Dev Opp · Multifamily Property For Sale · 40 Units

1615 22nd Street SE presents a permit-ready multifamily development opportunity in Washington, DC. The offering is positioned for investors and developers seeking a project with entitlement progress already in place, allowing for a potentially accelerated path toward construction and execution. The planned development is designed for 40 residential units, providing the opportunity to deliver new housing within an established Southeast Washington neighborhood.
The property's location offers connectivity to major employment, retail, and community destinations throughout the District. Situated within Washington, DC, the site benefits from access to the region's extensive transportation network, supporting connectivity to downtown Washington and surrounding neighborhoods. The development's planned residential density aligns with ongoing demand for housing across the metropolitan area and may appeal to developers focused on expanding multifamily inventory in urban infill locations.
Permit-ready projects are often sought after because they can reduce certain predevelopment timelines associated with entitlement and planning efforts. This opportunity provides a framework for investors to pursue a residential development project in one of the nation's largest and most active housing markets. The combination of an approved development concept and a centrally located Washington, DC address positions the asset as a compelling consideration for multifamily developers and investors evaluating residential development opportunities.