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872 Bellevue St SE 2 Unit Apartment Building $680,000 ($340,000/Unit) 7.12% Cap Rate Washington, DC 20032
INVESTMENT HIGHLIGHTS
- yard
- open lot
- revenue
EXECUTIVE SUMMARY
Turnkey Investment Opportunity – 872 Bellevue St. SE | $4,000 Monthly Gross Rent | Fully Occupied
Welcome to 872 Bellevue St. SE, a newly upgraded, income-generating property that’s ready to go from day one. This 100% occupied multi-unit investment gem brings in a solid $4,000 in monthly rental income, with tenants responsible for all utilities, making it a high-efficiency asset for your portfolio.
Property Highlights:
Fully occupied with reliable, rent-paying tenants
$4,000/month in total rents – strong and consistent cash flow
Tenants pay all utilities – maximize your net operating income
No major repairs needed – low-maintenance and stress-free
Upgraded in 2023 – modern finishes, improved systems, and updated interiors ensure lasting value and tenant satisfaction
Located in a desirable SE neighborhood with access to local transit, shopping, schools, and employment hubs
Whether you're a first-time investor looking for a stable opportunity or an experienced buyer adding to your portfolio, 872 Bellevue St. SE offers everything: immediate income, minimal expenses, and peace of mind.
Don’t miss this rare, turn-key property in a growing rental market!
?? Contact us today for financials, lease information, or to schedule a private showing.
Welcome to 872 Bellevue St. SE, a newly upgraded, income-generating property that’s ready to go from day one. This 100% occupied multi-unit investment gem brings in a solid $4,000 in monthly rental income, with tenants responsible for all utilities, making it a high-efficiency asset for your portfolio.
Property Highlights:
Fully occupied with reliable, rent-paying tenants
$4,000/month in total rents – strong and consistent cash flow
Tenants pay all utilities – maximize your net operating income
No major repairs needed – low-maintenance and stress-free
Upgraded in 2023 – modern finishes, improved systems, and updated interiors ensure lasting value and tenant satisfaction
Located in a desirable SE neighborhood with access to local transit, shopping, schools, and employment hubs
Whether you're a first-time investor looking for a stable opportunity or an experienced buyer adding to your portfolio, 872 Bellevue St. SE offers everything: immediate income, minimal expenses, and peace of mind.
Don’t miss this rare, turn-key property in a growing rental market!
?? Contact us today for financials, lease information, or to schedule a private showing.
FINANCIAL SUMMARY (ACTUAL - 2024) 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 (ACTUAL - 2024) 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 | $680,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $340,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.12% | Building Size | 2,121 SF |
| Gross Rent Multiplier | 14.3 | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1953/2022 |
| Property Subtype | Apartment | ||
| Zoning | RF-1 - The DC Office of Zoning’s map shows that 872?Bellevue?St?SE lies in the RF-1 (Residential-Flat) zone | ||
| Price | $680,000 |
| Price Per Unit | $340,000 |
| Sale Type | Investment |
| Cap Rate | 7.12% |
| Gross Rent Multiplier | 14.3 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,121 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2022 |
| Zoning | RF-1 - The DC Office of Zoning’s map shows that 872?Bellevue?St?SE lies in the RF-1 (Residential-Flat) zone |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Crown Molding
- Stainless Steel Appliances
- Carpet
- Wi-Fi
- Basement
- Dining Room
- Patio
- Vinyl Flooring
- Large Bedrooms
SITE AMENITIES
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | $2,000 | 1,256 |
| 4+2 | 1 | $2,000 | 1,300 |
1 1
PROPERTY TAXES
| Parcel Number | 6159-0112 | Total Assessment | $620,310 (2025) |
| Land Assessment | $143,580 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $476,730 (2025) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
6159-0112
Land Assessment
$143,580 (2025)
Improvements Assessment
$476,730 (2025)
Total Assessment
$620,310 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
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Presented by
The PMs Of The City Realty
872 Bellevue St SE
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