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$750,000
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Property Description
CALLING ALL INVESTORS!! FOR SALE AS-IS SALE!! For Sale: Income-Generating 4-Unit Apartment Building - Perfect Investment Opportunity! This 2,876 sq. ft. multi-family property features four separate 1-bedroom, 1-bathroom apartments, offering incredible potential for steady rental income. Sitting on a manageable 2,222 sq. ft. lot, this well-maintained building is an ideal investment for seasoned or first-time property owners. Property Highlights: 4 Separate Units: Each unit includes 1 bedroom and 1 bathroom, perfect for individuals, couples, or small households; Move-In Ready: All apartments come equipped with a refrigerator and stove, adding immediate value for potential tenants; Separate meters for electric & gas; Efficient Layouts: Comfortable and functional designs ensure tenant satisfaction and long-term occupancy; Low Maintenance Lot: The 2,222 sq. ft. lot keeps upkeep simple and cost-effective. Investment Potential: This property is a great opportunity for buyers looking to generate consistent rental income. Rent out all four apartments, or live in one unit while leasing the others to offset your living expenses. Key Benefits: Turnkey Opportunity: Appliances included, so you're ready to start renting right away; Attractive to Tenants: Individual 1-bedroom units are in high demand for professionals, students, or retirees; Versatile Income Options: Rent all four or use a combination of owner-occupied and rental units. Don't Wait-Schedule a Tour Today! This multi-family property offers incredible potential and won't stay on the market long. Contact us today to learn more about this 4-unit investment opportunity or to arrange a private showing.
Full Property Details
Full Property Details for 1213 Penn St NE
General
- Price: $750,000
- Taxes: $6,615 (2024)
- Status: Active
- Type: Townhouse
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2175664
- Updated: 12/17/2025
- Added to Site: 400 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Combination Dining/Living, Floor Plan - Traditional
- Appliances: Oven/Range - Gas, Refrigerator, Exhaust Fan
Parking
- Parking Type: On Street
Location
- County: WASHINGTON
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
- High School: Dunbar Senior
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available
Structural Information
- Architectural Style: Other
- Structure Type: End of Row/Townhouse
- Construction: Brick
- Foundation: Block, Crawl Space
- Windows: Insulated
- Stories/Levels: 2
- Square Feet: 2,876
- Sq. Ft. Source: Assessor
- Living Area: 2,876 Sq. Ft.
- Finished Above Grnd: 2,876 Sq. Ft.
- Year Built: 1935
- Year Built Source: Assessor
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,222
- Lot Size Source: Assessor
- Zoning: R4
Financial Considerations
- Price Per Sq. Ft.: $260.78
- Assessment Year: 2024
- City/TownTax: $6,615
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $759,380
- Tax Amount: $6,615
- Tax Year: 2024
- Owner Pays: Water, Sewer, Trash Collection, Snow Removal
- Tax Total Finished Sq. Ft.: 2876
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: All appliances, fan kits
- Lot Number: 256
Listed by Fathom Realty MD, LLC, Marlene Amos
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Schools
Schools serving 1213 Penn St NE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Wheatley Education Campus 1299 Neal Street Northeast, Washington, DC 20002 | K-8 | 0.2 mi |
Dunbar High School 101 N Street Northwest, Washington, DC 20001 | 9-12 | 1.4 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 1213 Penn St NE
Date
Details
Price
Change
Source
5/17/2025
Price Reduced
$750,000
-12.79%
MLS
1/26/2025
Listed
$860,000
132.43%
MLS
4/16/2007
Sold
$370,000
—
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 1213 Penn St NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,455
-2%
$759,380
-2%
2024
$6,615
2%
$778,270
3%
2023
$6,515
10%
$754,770
9%
2022
$5,906
12%
$694,820
12%
2021
$5,257
6%
$618,460
6%
2020
$4,963
10%
$583,940
10%
2019
$4,494
16%
$528,650
16%
2018
$3,890
14%
$457,640
14%
2017
$3,416
16%
$401,850
16%
2016
$2,952
11%
$347,270
11%
2015
$2,661
9%
$313,010
9%
2014
$2,435
—
$286,450
—
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 1213 Penn St NE
1213 Penn Street NE, Washington, DC 20002 (MLS# DCDC2175664) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 1213 Penn Street NE is currently listed for $750,000 and was received on January 26, 2025. Want to learn more about 1213 Penn Street NE? Do you have questions about finding other Townhouse real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

