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Listed by Nadia Aminov • Long & Foster Real Estate, Inc.
Bought with Brian M Thomas • RLAH @properties
Bought with Brian M Thomas • RLAH @properties
$ 725,000
$ 775,000 6.5%
Est. payment /mo
Sold on 07/24/2025
1622 R ST SE Washington, DC 20020
3,693 Sqft Lot
UPDATED:
Key Details
Sold Price $725,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DCDC2197534
Year Built 1936
Annual Tax Amount $73,694
Tax Year 2024
Lot Size 3,693 Sqft
Property Sub-Type Five Or More Units
Property Description
Investor Alert – Exceptional Multi-Family Opportunity in Anacostia!
1622 R Street SE, Washington, DC 20020
A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion.
Zoned RA-2 on a 3,693 sq. ft. lot
Estimated 8,267 total sq. ft.
Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each
Rear alley access with room for 3–4 parking spaces
Structure is framed; no permits included
Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment.
Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals.
An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.
1622 R Street SE, Washington, DC 20020
A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion.
Zoned RA-2 on a 3,693 sq. ft. lot
Estimated 8,267 total sq. ft.
Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each
Rear alley access with room for 3–4 parking spaces
Structure is framed; no permits included
Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment.
Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals.
An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.
Location
State DC
County Washington
Zoning RA2
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Other
Exterior
Garage Spaces 4.0
Utilities Available Above Ground, Other
Water Access N
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Anacostia Senior
School District District Of Columbia Public Schools
Others
Acceptable Financing Cash, Private, Other
Listing Terms Cash, Private, Other
Special Listing Condition Bank Owned/REO
