1622 R Street

Washington, DC 20020
$799,900
  • 8,267 SQFT
Status: Active
  • Est. Payment
    / mo

Investor Alert – Exceptional Multi-Family Opportunity in Anacostia!
1622 R Street SE, Washington, DC 20020

A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion.

Zoned RA-2 on a 3,693 sq. ft. lot

Estimated 8,267 total sq. ft.

Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each

Rear alley access with room for 3–4 parking spaces

Structure is framed; no permits included

Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment.

Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals.
An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.

Listing provided courtesy of: Long & Foster Real Estate, Inc..

PROPERTY DETAILS

  • Price $799,900
  • Price / Sq Ft $97
  • Bldg/Unit Size (Sq Ft) 8,267
  • Building Units 7
  • Land/Lot Size (Sq Ft) 3,485
  • Property Type Commercial Sale
  • Floors / Stories 4
  • Year Built 1936
  • MLS Number DCDC2197534
  • Days on Market 12

TAXES & HOA

  • Annual Taxes (USD) $73,694
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Listing provided courtesy of: Long & Foster Real Estate, Inc.. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 09:08:28

bright_mls
×