HOMES IN MARYLAND, VIRGINIA & DC METRO

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$750,000
48 Days On Site

1725 29TH STREET SE
WASHINGTON, DC 20020

For Sale|Commercial Sale|Active Under Contract
0
Beds
0
Total Baths
5,370
SqFt
$140
/SqFt
1939
Built
County:
WASHINGTON
Listing courtesy of Greysteel Company LLC

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(240) 812 9488
1725 29TH STREET SE
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"THE OPPORTUNITY 1725 29th Street SE offers a stabilized five-unit multifamily asset in the Randle Highlands neighborhood of Southeast Washington, DC. The building is comprised of five 3BR/1BA units, all fully occupied, with an average in-place rent of $1,816.50. With large unit layouts and strong in-place cash flow, this property presents a turn-key opportunity for investors seeking immediate yield in a high-demand rental market. RENTAL STABILITY WITH FAMILY-SIZED UNITS All five units are fully leased, providing dependable income from day one. Each unit features a three-bedroom layout, ideal for families or shared housing arrangements. The consistent demand for multi-bedroom units in Southeast DC positions the asset well for long-term occupancy and cash flow stability. IN-PLACE CASH FLOW WITH RENTAL UPSIDE At an average rent of $1,816.50, the property is currently producing strong gross income. However, there is still upside potential through future rent growth or light value-add upgrades. The property offers a strong foundation for both short-term income and long-term equity growth. ACCESS TO SCHOOLS AND COMMUNITY AMENITIES The property is just a two-minute walk from Randle Highlands Elementary School, a key draw for families in the area. Its location within a residential neighborhood enhances appeal for tenants seeking affordable, family-oriented housing close to schools, parks, and local services. WELL-CONNECTED VIA MULTIPLE BUS ROUTES 1725 29th Street SE benefits from strong public transit access. The C37 bus line provides service east to Potomac Avenue Metro Station (Orange, Blue, Silver lines) and north to Minnesota Avenue Metro Station (Orange Line). Additionally, the D1X express bus offers direct access to Downtown DC and the U.S. Capitol, connecting tenants to major employment and commercial districts without the need for a car."

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Listing Snapshot
Price 
$750,000
Days On Site 
48 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,370 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
1939
MLS® Number 
DCDC2241350
Status 
Active Under Contract
Property Tax 
$4,042
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoStatus changed to Active Under Contract
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.09
Parking 
None
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
5370
Water Source 
Public
Zoning 
RA-1
Interior Features
Appliances 
Gas Water Heater
Cooling 
Wall Unit(s)
Heating 
Natural GasOther
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Exterior Features
Construction Details 
Brick
Community Features
School District 
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Greysteel Company LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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