1214 18TH PL NE, Washington, DC 20002
- 2,652 sqft
Multi-Family Home
Built in 1941
3,049sqft lot
—— car garage
$509/sqft
Listed 2 days ago
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.
- Listing Status:
- Coming Soon
- Date Added:
- August 14, 2025 at 05:00AM
- Listing Office:
- Keller Williams Capital Properties : 2022437700
- Listing Agent:
- Abel M Gebremichael : 2026010160
- MLS ID:
- DCDC2213524

This listing courtesy of Abel M Gebremichael, Keller Williams Capital Properties
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
School-Within-School at Goding
704 26th St NE, Washington, DC, 20002
Grades PK-5
0.42 miles away
Browne Education Campus
850 26th St NE, Washington, DC, 20002
Grades EE-8
0.43 miles away
Phelps Architecture Construction and Engineering High School
704 26th St NE, Washington, DC, 20002
Grades 9-12
0.42 miles away