927 52nd St Ne, Washington, DC 20019
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
927 52nd St Ne,Washington, DC 20019
$849,900
- 12 Beds
- - Baths
- 5,954 sq. ft.
- Multi-family
- Active
Listed by: lasonya j abney, sandra b michael
Office: cosmopolitan properties real estate brokerage
MLS#:DCDC2276422
Source:BRIGHTMLS
Price summary
- Price:$849,900
- Price per sq. ft.:$142.74
About this home
Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 8.9% cap rate, and delivers positive cash flow from day one.
This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies.
Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient.
The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization.
Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside....
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Home facts
- Year built:1953
- Subdivision & Development:DEANWOOD
- Listing ID #:DCDC2276422
- Added:105 day(s) ago
- Updated:November 12, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:12
- Living area:5,954 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Natural Gas, Radiator
Structure and exterior
- Year built:1953
- Building area:5,954 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$849,900
- Price per sq. ft.:$142.74
- Tax amount:$9,090 (2026)
Parking
- Parking description:On Street
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