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$950,000
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Property Description
Exceptional Investment Opportunity-spacious 4 unit apartment complex. Discover the perfect blend of size, comfort, and rental income potential with this expansive 4 unit apartment complex, with over 5000 sq/ft of living space. This rare find features unit #1 a large three bedroom/2 bath duplex, ideal for the owner-occupant or tenants seeking extra space. Additionally, units #2 and #3 are large one bedroom units with separate balconies overlooking the backyard. While unit #4 is a spacious 2 bedroom with bath offering flexibility for a variety of rental needs. Each unit is separately metered for gas and electric, they come with a laundry area in each unit. The tenants will appreciate the convenience and security of the large backyard for entertaining and relaxing, with ample space for off-street parking. Whether you are an investor looking for strong rental income or a homeowner wanting to off-set your mortgage, this property checks all the boxes. The basement area is arranged for storage and has a separate laundry area. This property is cleaned out, primed and ready for your design and flooring options. Don't miss out-schedule your private showing today. This property has all the amenities in place, plumbing, electrical, HV/AC etc, with off-street parking in the rear. Bring your offers, let's talk soon.
Full Property Details
Full Property Details for 1224 Maryland Ave NE
General
- Sold For: $950,000
- Taxes: $52,822 (2025)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2225790
- Added to Site: 106 day(s) ago
Interior
- Appliances: Dishwasher, Disposal
Additional Information
- Security/Safety: Security Gate
Exterior
- Porch/Patio/Deck: Balcony, Patio(s)
Parking
- Parking Features: Secure Parking
- Parking Type: Off Street
Location
- County: Washington
- Development Name: Capitol Hill
- Subdivision: Capitol Hill
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Outside Entrance, Rear Entrance, Full, Fully Finished, Improved
- Foundation: Other
- Roof: Composite
- Walls/Ceilings: Plaster Walls
- Windows: Double Pane
- Stories/Levels: 0
- Square Feet: 4,000
- Sq. Ft. Source: Estimated
- Living Area: 4,000 Sq. Ft.
- Year Built: 1921
- Year Built Source: Estimated
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Property View: Garden/Lawn
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,400
- Lot Size Source: Estimated
- Lot Features: Landscaping, Pond
- Zoning: RESIDENTIAL
- Lot Description: Landscaping, Pond
Financial Considerations
- Price Per Sq. Ft.: $250
- City/TownTax: $52,822
- City/TownTax Freq: Annually
- Tax w/Assessment: $1,000,000
- Tax Amount: $52,822
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by Long & Foster Real Estate, Inc., Geoffrey B Thornton
Sold by RE/MAX Allegiance, Nathaniel Tate
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Schools
Schools serving 1224 Maryland Ave NE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Miner Elementary School 601 15th Street Northeast, Washington, DC 20002 | K-5 | 0.4 mi |
Eliot-Hine Middle School 1830 Constitution Avenue Northeast, Washington, DC 20002 | 6-8 | 0.7 mi |
Eastern High School 1700 East Capitol Street Southeast, Washington, DC 20003 | 9-12 | 0.8 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 1224 Maryland Ave NE
Date
Details
Price
Change
Source
10/31/2025
Sold
$950,000
-5%
MLS
10/03/2025
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1224 Maryland Avenue NE, Washington, DC 20002 (MLS# DCDC2225790) is a Multi-Family property that was sold at $950,000 on October 31, 2025. Want to learn more about 1224 Maryland Avenue NE? Do you have questions about finding other Multi-Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

