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$2,900,000
Monthly Est:$14,434
-- Bed
-- Bath
7,825sqft
623 5Th St Ne, Washington, DC 20002
$2,900,000
$14,434/moEst:
Get Pre-Approved
Multi Family
Built in 1912
$-- HOA
3,552 sqft lot
$371/sq.ft
Description
Investor Alert! Rare opportunity to acquire a seven-unit apartment building in the heart of Capitol Hill, offering strong in-place income, low operating expenses, and compelling value-add potential. With a Net Operating Income of $195,650 and an approximately 7% cap rate, this well-maintained property presents an attractive investment opportunity in one of the city’s most desirable and well-connected locations. Investors can benefit from immediate cash flow while retaining clear opportunities for future rent optimization and long-term growth.
Every residence is fully equipped with an in-unit washer and dryer for added tenant convenience. The property offers a desirable m...
- Houzeo last checked: 2 minutes ago
- Listing updated: September 14, 2026 at 8:05 pm
- Listing Provided by: Greg S Schwartz (202) 915-6472 | Keller Williams Realty (703) 679-1700
- Source: Bright MLS-NJ | MLS#: DCDC2275946
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1912
HOA Fees
-
Finished Area
7,825 sqft
Lot Size
3,552 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
DCDC2275946
MLS Status
ACTIVE-BRIGHT
Days on Market
27
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Other
Heating
Other
Construction
Year Built
Year Built: 1912
Home type
Multi Family
Architectural Style
Colonial
Foundation Details
Other
Construction Materials
Brick
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Old City #1
Price History
| Date | Event | Price |
|---|---|---|
08/19/2026 Source: | Listed for Sale | $2,900,000 $371/sqft |
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Based on information from Bright MLS through Sep 19, 2026, 08:30AM. 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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