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2859 Denver St SE 5 Unit Apartment Building $795,165 ($159,033/Unit) 8.50% Cap Rate Washington, DC 20020
Investment Highlights
- 14 min drive to National Mall, 18 min to DCA, 4 min to Metro, 3 min walk to Bus station
- 8.5% cap rate on renovated, 100%-occupied income generating multifamily. Earn income from Day 1!
- Furnished Mid-Term Rental model that mitigates DC rental constraints and eviction risk to collect premium rents
Executive Summary
NEW PRICE!
Investors — Check out 2859 Denver Street SE, a fully stabilized, 5-unit furnished multifamily building in Southeast Washington, DC (Naylor Gardens / 20020). Built 1943, comprehensively renovated in 2025, and 100% occupied.
• Offering Price: $795,165 ($159,033/unit · $210/SF)
• Pro Forma NOI: $67,589
• Cap Rate: 8.5%
• DSCR: 1.49x at 25% down, 6.5%, 30-yr amortization
• Year 1 Total Return: 14.6% ($29,021 on $198,791 equity)
Investors — Check out 2859 Denver Street SE, a fully stabilized, 5-unit furnished multifamily building in Southeast Washington, DC (Naylor Gardens / 20020). Built 1943, comprehensively renovated in 2025, and 100% occupied.
• Offering Price: $795,165 ($159,033/unit · $210/SF)
• Pro Forma NOI: $67,589
• Cap Rate: 8.5%
• DSCR: 1.49x at 25% down, 6.5%, 30-yr amortization
• Year 1 Total Return: 14.6% ($29,021 on $198,791 equity)
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $795,165 | Building Class | C |
| Price Per Unit | $159,033 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 3,780 SF |
| Cap Rate | 8.50% | Average Occupancy | 100% |
| Gross Rent Multiplier | 7.36 | No. Stories | 2 |
| No. Units | 5 | Year Built/Renovated | 1943/2004 |
| Property Type | Multifamily | Parking Ratio | 1.32/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RA-1 - Permitting low- to moderate-density residential including low-rise apartments. Federal Opportunity Zone + HUBZone for eligible buyers. | ||
| Price | $795,165 |
| Price Per Unit | $159,033 |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Gross Rent Multiplier | 7.36 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 3,780 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1943/2004 |
| Parking Ratio | 1.32/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RA-1 - Permitting low- to moderate-density residential including low-rise apartments. Federal Opportunity Zone + HUBZone for eligible buyers. |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Disposal
- Microwave
- Washer/Dryer
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Wi-Fi
- Vinyl Flooring
- Large Bedrooms
Site Amenities
- Security System
- Wi-Fi
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 645 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5643-0004 | Total Assessment | $689,780 (2025) |
| Land Assessment | $209,260 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $480,520 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
5643-0004
Land Assessment
$209,260 (2025)
Improvements Assessment
$480,520 (2025)
Total Assessment
$689,780 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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2859 Denver St SE
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