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249 Oglethorpe St NW
Washington, DC 20011
Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Prime Location: Five-unit property in Manor Park, NW DC, near Fort Slocum Park and Capital City Public Charter School.
  • Value-Add Potential: Spacious units allow for additional bedrooms, increasing rental income potential.
  • Convenient Access: Close to Walmart, Georgia Ave retail, Takoma Community Center, and public transit.
  • Strong Cash Flow: High in-place rents ($1,740 for 1BR + den, $1,967 for 2BR), 100% occupancy, and projected $112,560 gross annual income in 2024.
  • Well-Maintained Asset: Over $22,000 invested in 2024 for window replacements and structural upgrades.

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 4,652 SF
No. Stories 2
Year Built 1936
Zoning R-1-B

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 3 - 1,000
3+1 2 - 1,200

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3337-0127
Land Assessment
$227,980
Improvements Assessment
$437,180
Total Assessment
$665,160
  • Listing ID: 34947688

  • Date on Market: 2/26/2025

  • Last Updated:

  • Address: 249 Oglethorpe St NW, Washington, DC 20011

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