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$695,000
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Property Description
Charming 2-Unit Property in Prime Washington, DC Location! Discover an incredible investment opportunity in the heart of Southwest Washington, DC! This 2-unit semi-detached brick home, built in 1941, offers historic charm with modern convenience. Perfect for investors, multi-generational living, or those looking to generate rental income, this property is a true gem. Nestled in the sought-after Old City #1 neighborhood, it is just minutes from Nationals Park, The Wharf, and Downtown DC, making it an ideal location for urban living. Each unit features a 1-bedroom, 1-bathroom configuration, offering comfortable living spaces filled with natural light. The home boasts a classic Colonial style with a timeless brick exterior, hardwood floors, and large windows that enhance its charm. Both units come equipped with functional galley-style kitchens featuring essential appliances, making meal preparation effortless. Additionally, the property includes an unfinished 620 sq. ft. basement, providing potential for expansion or extra storage. Sitting on a 1,235 sq. ft. lot, the home offers an outdoor space perfect for urban dwellers looking to enjoy fresh air in a bustling city environment. The property provides easy access to major highways, public transit, and commuter routes, making it highly convenient for residents. It also presents a fantastic investment opportunity with its R4 zoning classification and no rent control restrictions, allowing for long-term rental income potential. With 1,120 sq. ft. of total living space, the home includes central heating powered by natural gas and central A/C, ensuring year-round comfort. On-street parking is available, adding to the home's accessibility. This rare find in a vibrant and growing DC community is perfect for those looking for a residence with rental income potential or an investment property in an appreciating market. Don't miss this incredible opportunity-schedule your private showing today!
Full Property Details
Full Property Details for 118 P Street SW
General
- Price: $695,000
- Taxes: $5,462 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2229798
- Updated: 12/17/2025
- Added to Site: 80 day(s) ago
Interior
- Interior Features: Kitchen - Galley, 2nd Kitchen
- Appliances: Washer, Dryer, Disposal, Refrigerator, Range Hood, Oven/Range - Gas
Parking
- Parking Type: On Street
Location
- County: WASHINGTON
- Subdivision: OLD CITY #1
- Driving Directions: Merge onto I-495/I-95 West toward Washington, D.C. Continue on I-495 and take exit for Maryland Route 210/Indian Head Highway south (if applicable) then cross into D.C. via the bridge and proceed to South Capitol Street SW. From South Capitol Street, turn onto P Street SW and proceed to number 118, which will be on your right.
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Other
- Square Feet: 1,740
- Sq. Ft. Source: Estimated
- Living Area: 1,120 Sq. Ft.
- Finished Above Grnd: 1,120 Sq. Ft.
- Year Built: 1941
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,235
- Lot Size Source: Assessor
- Zoning: RF1
Financial Considerations
- Price Per Sq. Ft.: $620.54
- Tax w/Assessment: $637,160
- Tax Amount: $5,462
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 817
Listed by Capital Area Realtors of DC, Kathy Mason
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Schools
Schools serving 118 P Street SW
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Van Ness Elementary School 1150 5th Street Southeast, Washington, DC 20003 | K-5 | 0.8 mi |
Jefferson Middle School Academy 801 7th Street Southwest, Washington, DC 20024 | 6-8 | 0.8 mi |
Eastern High School 1700 East Capitol Street Southeast, Washington, DC 20003 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 P Street SW
Date
Details
Price
Change
Source
10/30/2025
Listed
$695,000
15.83%
MLS
7/20/2018
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 P Street SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,462
1%
$642,630
1%
2024
$5,403
1%
$635,620
1%
2023
$5,368
8%
$627,490
7%
2022
$4,970
2%
$584,750
2%
2021
$4,858
5%
$571,490
5%
2020
$4,647
41%
$546,760
41%
2019
$3,298
8%
$387,990
8%
2018
$3,048
9%
$358,620
9%
2017
$2,791
6%
$328,360
6%
2016
$2,629
25%
$309,350
25%
2015
$2,111
13%
$248,354
13%
2014
$1,870
—
$220,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 P Street SW
118 P Street SW, Washington, DC 20024 (MLS# DCDC2229798) is a Single Family property with 0 bedrooms and 0 full bathrooms. 118 P Street SW is currently listed for $695,000 and was received on October 30, 2025. Want to learn more about 118 P Street SW? Do you have questions about finding other Single Family real estate for sale in Anacostia? You can browse all Anacostia real estate or contact a Coldwell Banker agent to request more information.

