543 Florida Ave Nw, Washington, DC 20001
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
543 Florida Ave Nw,Washington, DC 20001
$1,450,000
- 8 Beds
- - Baths
- 2,100 sq. ft.
- Multi-family
- Active
Listed by: lorenzo m wooten jr.
Office: marcus & millichap real estate
MLS#:DCDC2252868
Source:BRIGHTMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$690.48
About this home
**New price adjustment on April 20th**
Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 543 Florida Avenue NW (4 -2BR/2 BA) in the highly desirable Columbia Heights / Shaw submarket of Northwest Washington, D.C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets. There is also an option to purchase 1500 Columbia Avenue NW (4-3BR/1 BA) in the same submarket.
The portfolio consists of eight total units across two separately metered buildings, offering buyers flexibility to acquire individually or as a combined investment. Both assets have undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, the properties deliver attractive going-in CAP rates ranging from approximately 6.99% to 7.39%, with NOI of approximately $271,000 combined, and strong Debt Coverage Ratios (1.30x–1.38x). A Proforma CAP Rate of 9.53% for 543 Florida Avenue.
Shaw Duo offers strong in-place income, and market-supported rent growth in a low vacancy submarket. These four-unit buildings also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers, significantly expanding the buyer pool. In high-cost markets such as Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire these assets with low down payment requirements while benefiting from market-rate rents.
With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellow students or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:DCDC2252868
- Added:91 day(s) ago
- Updated:June 27, 2026 at 04:36 PM
Rooms and interior
- Bedrooms:8
- Living area:2,100 sq. ft.
Heating and cooling
- Cooling:Energy Star Cooling System
- Heating:Central, Electric
Structure and exterior
- Year built:1900
- Building area:2,100 sq. ft.
- Lot area:0.01 Acres
- Architectural Style:Art Deco
- Construction Materials:Brick
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$690.48
- Tax amount:$9,995 (2025)
New listings near 543 Florida Ave Nw
- Coming Soon
$1,095,000Coming Soon2 beds 2 baths1155 23rd St Nw #5m, WASHINGTON, DC 20037
MLS# DCDC2269882Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - New
$725,000Active3 beds 4 baths1,790 sq. ft.2320 North Capitol St Nw, WASHINGTON, DC 20002
MLS# DCDC2270010Listed by: COMPASS - Coming Soon
$509,000Coming Soon3 beds 4 baths3157 Apple Rd Ne #5, WASHINGTON, DC 20018
MLS# DCDC2270236Listed by: SAMSON PROPERTIES - Coming Soon
$749,000Coming Soon1 beds 2 baths1700 Kalorama Rd Nw #203, WASHINGTON, DC 20009
MLS# DCDC2270052Listed by: ALLFIRST REALTY, INC. - New
$2,160,000Active-- beds -- baths2,084 sq. ft.1300 4th St Se #ph2, WASHINGTON, DC 20003
MLS# DCDC2248424Listed by: COMPASS - Coming Soon
$30,000Coming Soon1 beds 1 baths4721 1st St Sw #201, WASHINGTON, DC 20032
MLS# DCDC2270224Listed by: KELLER WILLIAMS PREFERRED PROPERTIES - Open Sat, 1 to 3pmNew
$330,000Active2 beds 1 baths700 sq. ft.4010 Kansas Ave Nw #2, WASHINGTON, DC 20011
MLS# DCDC2268992Listed by: REAL BROKER, LLC - Open Sat, 2 to 4pmNew
$569,000Active2 beds 2 baths1,179 sq. ft.1311 K Se #1, WASHINGTON, DC 20003
MLS# DCDC2269208Listed by: COLDWELL BANKER REALTY - WASHINGTON - Coming SoonOpen Sun, 1 to 3pm
$1,995,000Coming Soon4 beds 4 baths2806 27th St Nw, WASHINGTON, DC 20008
MLS# DCDC2269700Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 2:30 to 4:30pmNew
$1,379,000Active5 beds 5 baths2,702 sq. ft.3554 13th St Nw #2, WASHINGTON, DC 20010
MLS# DCDC2270058Listed by: COMPASS
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.