Homes for sale - 1214 18TH PL NE, Washington, DC 20002

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Julie Holtkamp

julie@julieholtkamp.com +1(703) 786-6789

Listed by Abel M Gebremichael • Keller Williams Capital Properties

$ 1,349,000

Est. payment | -/mo

2,652 SqFt

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$ 1,349,000

Est. payment | -/mo

Save

2,652 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,652 sqft

Price per Sqft $508

MLS Listing ID DCDC2213524

Style Other

Abv Grd Liv Area 2,652

Year Built 1941

Available Date 2025-08-14

Annual Tax Amount $47,934

Tax Year 2024

Lot Size 3,111 Sqft

Acres 0.07

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Welcome to 1214 18th Place NE – a four-unit multifamily property, offering exceptional income potential. This turn-key building features two expansive bi-level 3-bedroom, 3-bath units (Units 3 & 4) and two spacious 2-bedroom, 2-bath flats (Units 1 & 2). The third-story addition has added significant living space and value, seamlessly blending into the building's classic structure. Each unit boasts in-unit washers and dryers, contemporary kitchens and bathrooms, and updated mechanical systems (most major systems are less than 5 years old), ensuring low maintenance for years to come. The property is separately metered for utilities except for water, allowing tenants to pay their bills – a big plus for any landlord. Investors and owner-occupants alike will appreciate the flexibility and high rental income potential here. Three of the four units are currently vacant and move-in ready, giving the next owner the option to lease them immediately at market or voucher rates, while one unit is already tenant-occupied to provide income from day one. With DC Housing voucher rents of roughly $3,500/month for each 3BR unit and $2,300/month for each 2BR unit, a fully leased building could generate over $11,000 in monthly gross rent – an impressive yield in the current market. This combination of strong cash flow and recent renovations makes for a truly turn-key investment opportunity. Whether you're an investor seeking a profitable addition to your portfolio or a homeowner looking to live in one unit and rent out the others to offset your mortgage, 1214 18th Place NE delivers. The full renovation means modern comfort and style for tenants and minimal upkeep for you. Don't miss this rare opportunity to own an entire four-unit building in a thriving DC location – a perfect blend of luxury living for tenants and excellent returns for the owner.

Location

State DC

County Washington

Zoning R4

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4445//0135

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA, Exchange, Bank Portfolio

Listing Terms Cash, Conventional, FHA, VA, Exchange, Bank Portfolio

Financing Cash,Conventional,FHA,VA,Exchange,Bank Portfolio

Special Listing Condition Standard, Third Party Approval

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Julie Holtkamp

REALTOR® | Lic# 0225184011

julie@julieholtkamp.com

+1(703) 786-6789

13575 Heathcote Blvd 310 Gainesville VA, 20155

1214 18TH PL NE Washington, DC 20002

Julie Holtkamp

Key Details

Location

Interior

Exterior

Building

Schools

Others

1214 18TH PL NE