718 Lamont St Nw, Washington, DC 20010
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
718 Lamont St Nw,Washington, DC 20010
$1,199,999
- 9 Beds
- - Baths
- 2,968 sq. ft.
- Multi-family
- Active
Listed by: ari firoozabadi
Office: greysteel company llc.
MLS#:DCDC2261252
Source:BRIGHTMLS
Price summary
- Price:$1,199,999
- Price per sq. ft.:$404.31
About this home
THE OPPORTUNITY
718 Lamont Street NW presents an exceptional opportunity to acquire a four-unit multifamily property in the heart of Columbia Heights. The building consists of:
• Three (2) 2-Bedroom/1-Bathroom Units
• One (1) 3-Bedroom/1-Bathroom Unit
With three of the four units currently vacant, the property is well-suited for both owner-occupants seeking rental income from additional units and investors aiming to reposition the asset for long-term value creation. The mix of unit layouts provides flexible leasing potential and broad tenant appeal in one of DC’s strongest rental submarkets.
RENT CONTROL EXEMPT
For first-time buyers of multifamily property in Washington, DC, ownership of 718 Lamont Street NW would be exempt from rent control under DC law (for owners of four units or fewer). This unique exemption provides flexibility in ownership strategy, greater rent growth potential compared to larger regulated multifamily assets, and an ideal entry point into the DC multifamily market for buyers seeking both stability and upside.
SUBSTANTIAL RECENT RENOVATIONS
The property underwent a comprehensive renovation in 2021, with ownership investing approximately $253,000 in capital improvements, including new kitchens, upgraded plumbing, modern flooring, central HVAC, and other unit enhancements. This reduces near-term capital expenditure risk while positioning the asset competitively within the Columbia Heights rental market.
TRANSIT-ORIENTED ASSET
The property offers exceptional access to public transportation, enhancing its desirability for renters and future appreciation:
• 0.3 miles to Georgia Ave–Petworth Metro Station (Green & Yellow Lines)
• 0.6 miles to Columbia Heights Metro Station (Green & Yellow Lines)
• Multiple Metrobus lines (H2, H4, 70, 79, 64) within two blocks, providing direct connectivity to downtown DC, Howard University, and Silver Spring • Access to Capital Bikeshare stations within a 5-minute walk
This central, transit-rich location makes commuting seamless and positions the property as a highly attractive housing option for a broad tenant base.
ACCESS TO URBAN LIFESTYLE AMENITIES
718 Lamont Street NW sits at the crossroads of Columbia Heights and Petworth, offering immediate access to some of DC’s most vibrant urban amenities:
• Grocers • Giant Food – 0.4 miles • Target – 0.6 miles • Safeway – 0.7 miles
• Dining & Restaurants • Bad Saint (James Beard-nominated Filipino restaurant) – 0.2 miles • Midlands Beer Garden – 0.3 miles • Queen’s English – 0.4 miles • Thip Khao (Laotian) – 0.6 miles
• Nightlife & Entertainment • Wonderland Ballroom – 0.5 miles • DC Nine – 0.8 miles • 9:30 Club – 1.0 mile
The property’s location offers a compelling mix of daily conveniences, popular restaurants, and entertainment venues, all within walking distance. This ideal location presents a prime opportunity to attract quality renters within the District....
Contact an agent
Home facts
- Year built:1940
- Listing ID #:DCDC2261252
- Added:45 day(s) ago
- Updated:June 26, 2026 at 01:38 PM
Rooms and interior
- Bedrooms:9
- Living area:2,968 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Hot Water
Structure and exterior
- Year built:1940
- Building area:2,968 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,999
- Price per sq. ft.:$404.31
- Tax amount:$8,817 (2025)
Parking
- Parking description:On Street
New listings near 718 Lamont St Nw
- Coming Soon
$749,900Coming Soon4 beds 3 baths3110 Newton St Ne, WASHINGTON, DC 20018
MLS# DCDC2269724Listed by: SAMSON PROPERTIES - New
$449,900Active2 beds 2 baths846 sq. ft.30 Kennedy St Nw #14, WASHINGTON, DC 20011
MLS# DCDC2269954Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 2 to 4pmNew
$879,000Active4 beds 4 baths2,013 sq. ft.5018 3rd St Nw, WASHINGTON, DC 20011
MLS# DCDC2270040Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 2:30 to 4:30pmNew
$575,000Active2 beds 2 baths855 sq. ft.1341 East Capitol St Se #108, WASHINGTON, DC 20003
MLS# DCDC2263112Listed by: COMPASS - Open Sat, 1 to 3pmNew
$485,000Active1 beds 1 baths848 sq. ft.912 F St Nw #201, WASHINGTON, DC 20004
MLS# DCDC2270000Listed by: CRANFORD & ASSOCIATES - Coming SoonOpen Sun, 12 to 3pm
$519,000Coming Soon2 beds 1 baths1701 16th St Nw #211, WASHINGTON, DC 20009
MLS# DCDC2270026Listed by: RLAH @PROPERTIES - New
$849,000Active4 beds 4 baths3,269 sq. ft.4504 New Hampshire Ave Nw, WASHINGTON, DC 20011
MLS# DCDC2270038Listed by: BENNETT REALTY SOLUTIONS
$4,100,000Pending7 beds 6 baths4,500 sq. ft.5537 Hawthorne Pl Nw, WASHINGTON, DC 20016
MLS# DCDC2265992Listed by: COMPASS- Coming Soon
$539,000Coming Soon2 beds 2 baths2600 Sherman Ave Nw #304, WASHINGTON, DC 20001
MLS# DCDC2266162Listed by: COLDWELL BANKER REALTY - WASHINGTON - Open Sun, 1 to 4pmNew
$1,649,000Active4 beds 4 baths2,395 sq. ft.3533 R St Nw, WASHINGTON, DC 20007
MLS# DCDC2268870Listed by: WASHINGTON FINE PROPERTIES, LLC