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$725,000
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Property Description
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.
Full Property Details
Full Property Details for 1622 R St SE
General
- Sold For: $725,000
- Taxes: $73,694 (2024)
- Status: Closed
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2197534
- Added to Site: 267 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Other
Parking
- Total Spaces: 4
- Parking Type: Parking Lot
Location
- County: Washington
- Driving Directions: 1622 R St SE Washington DC 20020
- City Limits: Yes
School Information
- High School: Anacostia Senior
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground, Other
Structural Information
- Construction: Brick, Rough-In Plumbing
- Roof: Rubber
- Stories/Levels: 4
- Year Built: 1936
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,693
- Lot Size Source: Estimated
- Zoning: RA2
Financial Considerations
- Price Per Sq. Ft.: $93.75
- Assessment Year: 2024
- City/TownTax: $73,694
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,540,620
- Tax Amount: $73,694
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 8
Listed by Long & Foster Real Estate, Inc., Nadia Aminov and Long & Foster Real Estate, Inc., Pennye Green
Sold by RLAH @properties, Brian M Thomas
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Schools
Schools serving 1622 R St SE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Ketcham Elementary School 1919 15th Street Southeast, Washington, DC 20020 | K-5 | 0.3 mi |
Kramer Middle School 1700 Q Street Southeast, Washington, DC 20020 | 6-8 | 0.1 mi |
Anacostia High School 1601 16th Street Southeast, Washington, DC 20020 | 9-12 | 0.1 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 1622 R St SE
Date
Details
Price
Change
Source
7/24/2025
Sold
$725,000
-6.45%
MLS
5/20/2025
Price Reduced
$775,000
-3.11%
MLS
4/25/2025
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1622 R Street SE, Washington, DC 20020 (MLS# DCDC2197534) is a Apartment property that was sold at $725,000 on July 24, 2025. Want to learn more about 1622 R Street SE? Do you have questions about finding other Apartment real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

