1313 Adams St Ne, Washington, DC 20018
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
1313 Adams St Ne,Washington, DC 20018
$915,000
- 9 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: abel m gebremichael
Office: keller williams capital properties
MLS#:DCDC2260526
Source:BRIGHTMLS
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Price summary
- Price:$915,000
About this home
Prime Opportunity for 1031 Exchange and DSCR Investors — Fully Stabilized 4‑Unit Asset with Strong Program‑Backed Income.
This well‑maintained four‑unit building is delivered 100% occupied, with all units currently leased through the voucher program and producing a total actual gross rent of $9,257 per month. The unit mix includes two 3‑bedroom units, one 2‑bedroom unit, and one 1‑bedroom unit, offering a diversified rent roll supported by long‑term demand in this submarket.
Operational responsibilities for the owner are limited to water, trash, and common‑area electric, allowing investors to maintain predictable expense ratios and straightforward DSCR underwriting. With program‑backed rents already in place, the property provides immediate in‑place cash flow and a stable income profile suitable for 1031 exchange investors seeking to preserve and reposition capital, as well as DSCR‑focused investors prioritizing consistent rent streams.
The building’s existing voucher rent structure, combined with its fully occupied status, offers investors a reliable foundation for long‑term hold strategies, future compliance modernization, or incremental operational improvements. All financial information is based on current leases and program participation; no future performance is represented or guaranteed....
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Home facts
- Year built:1942
- Listing ID #:DCDC2260526
- Added:90 day(s) ago
- Updated:August 06, 2026 at 03:36 AM
Rooms and interior
- Bedrooms:9
Heating and cooling
- Cooling:Wall Unit, Window Unit(s)
- Heating:Baseboard - Electric, Natural Gas
Structure and exterior
- Year built:1942
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$915,000
- Tax amount:$8,312 (2025)
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