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Price Drop: $50K (10/01)
Street View
$1,100,000
Monthly Est:$5,475
-- Bed
-- Bath
3,540sqft
5501 Foote St Ne, Washington, DC 20019
$1,100,000
$5,475/moEst:
Get Pre-Approved
Multi Family
Built in 1960
$-- HOA
2,614 sqft lot
$311/sq.ft
Description
This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.
- Houzeo last checked: 12 hours ago
- Listing updated: October 1, 2026 at 2:51 pm
- Listing Provided by: Santiago Noguera (703) 376-7675 | Fairfax Realty of Tysons (703) 752-8660
- Source: Bright MLS-NJ | MLS#: DCDC2259728
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1960
HOA Fees
-
Finished Area
3,540 sqft
Lot Size
2,614 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
DCDC2259728
MLS Status
ACTIVE-BRIGHT
Days on Market
151
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Heating
Central
Cooling
Central A/c
Construction
Year Built
Year Built: 1960
Home type
Multi Family
Architectural Style
Traditional
Foundation Details
Brick/mortar
Construction Materials
Masonry
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Price Increased | $1,100,000 +64605.88% $311/sqft |
09/03/2026 Source: | Listed for Sale | $1,700 -99.85% $0/sqft |
09/01/2026 Source: | Off Market | $1,100,000 -4.35% $311/sqft |
05/04/2026 Source: | Listed for Sale | $1,150,000 -4.17% $325/sqft |
05/04/2026 Source: | Price Increased | $1,200,000 +26.32% $339/sqft |
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Getting Around 5501 Foote St Ne
Bike Score®
Bikeable
69/100
Walk Score®
Car-Dependent
49/100
Transit Score®
Good Transit
60/100
Data provided by Redfin
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