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New Construction
Street View
$1,100,000
Monthly Est:$5,475
-- Bed
-- Bath
4,200sqft
1148 Owen Pl NE, Washington, DC 20002
$1,100,000
$5,475/moEst:
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Quadruplex
Built in 2025
$-- HOA
2,304 sqft lot
$262/sq.ft
Description
INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.
- Houzeo last checked: 12 hours ago
- Listing updated: July 8, 2026 at 7:10 pm
- Listing Provided by: Sofia A Pellegrino (703) 593-6976 | Samson Properties (571) 378-1346
- Source: Bright MLS-NJ | MLS#: DCDC2262604
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
2025
HOA Fees
-
Finished Area
4,200 sqft
Lot Size
2,304 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
DCDC2262604
MLS Status
ACTIVE-BRIGHT
Days on Market
52
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Central A/c
Heating
Central, Forced Air
Construction
Year Built
Year Built: 2025
Home type
Quadruplex
Architectural Style
Colonial
Construction Materials
Brick
Property Condition
Major Rehab Needed
Utilities & Energy
Parking Features
Fenced, Private
Water Source
Public
Other Features
Subdivision Name
Trinidad
Price History
| Date | Event | Price |
|---|---|---|
05/18/2026 Source: | Listed for Sale | $1,100,000 -4.35% $262/sqft |
05/18/2026 Source: | Price Increased | $1,150,000 +4.55% $274/sqft |
05/18/2026 Source: | Price Decreased | $1,100,000 -24.14% $262/sqft |
08/22/2025 Source: | Off Market | $1,450,000 +105.67% $345/sqft |
11/02/2021 Source: | Price Increased | $705,000 +50.00% $168/sqft |
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Based on information from Bright MLS through Nov 02, 2026, 02:00PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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