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$4,750,000

  • For Sale
  • Active
  • Single Family
  • 4,185 Sq. Ft.
  • Updated 7 days ago
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This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1-4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.

Full Property Details for 1944 3rd St NE

General

  • Price: $4,750,000
  • Taxes: $8,121 (2021)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DCDC2271010
  • Updated: 6/30/2026
  • Added to Site: 8 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Wood Floors
  • Appliances: Refrigerator, Stove
  • Flooring: Hardwood

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Exterior Cameras, Smoke Detector

Exterior

  • Exterior Features: Sidewalks

Parking

  • Parking Type: On Street

Location

  • County: WASHINGTON
  • Subdivision: ECKINGTON
  • Driving Directions: Rhode Island Ave., take 2nd St., NE South, Left on T St., Left on 3rd St.. Property on left at 3rd and U Street NE
  • Location Details: Middle Of Block
  • City Limits: Yes

School Information

  • School District: District Of Columbia Public Schools

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available

Structural Information

  • Architectural Style: Other
  • Structure Type: Twin/Semi-Detached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Space For Rooms
  • Foundation: Block
  • Roof: Flat
  • Walls/Ceilings: Dry Wall, Plaster Walls
  • Windows: Double Pane
  • Stories/Levels: 3
  • Square Feet: 4,185
  • Sq. Ft. Source: Estimated
  • Living Area: 3,570 Sq. Ft.
  • Finished Above Grnd: 3,570 Sq. Ft.
  • Year Built: 2023
  • Year Built Source: Estimated
  • Property Condition: Excellent

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6, Unit 7

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 7,013
  • Lot Size Source: Estimated
  • Zoning: R4

Financial Considerations

  • Price Per Sq. Ft.: $1,330.53
  • Operating Expenses: $177,000
  • Assessment Year: 2021
  • City/TownTax: $8,121
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,028,490
  • Tax Amount: $8,121
  • Tax Year: 2021
  • Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Management, Pest Control, Payroll, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 78

Listed by Long & Foster Real Estate, Inc., Samuel R Davis

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Listing agent

— 1944 3rd St NE —

  • Samuel R Davis

    Long & Foster Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1944 3rd St NE

School District:District of Columbia Public Schools
NameGradesDistance
Langley Elementary School
101 T Street Northeast, Washington, DC 20002
K-50.2 mi
Mckinley Middle School, Washington, DC
151 T Street Northeast, Washington, DC 20002
6-80.2 mi
Dunbar High School
101 N Street Northwest, Washington, DC 20001
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1944 3rd St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$4,750,000
187.97%
MLS
7/29/2022
Sold
$1,649,500
—
Public Record
Get Price Alerts and Save Property
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 for 1944 3rd St NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,416
26%
$1,460,670
26%
2024
$9,835
5%
$1,157,080
5%
2023
$9,381
7%
$1,103,660
7%
2022
$8,742
8%
$1,028,490
8%
2021
$8,122
8%
$955,490
8%
2020
$7,546
8%
$887,760
8%
2019
$7,019
7%
$825,740
7%
2018
$6,536
8%
$768,980
8%
2017
$6,064
18%
$713,420
18%
2016
$5,154
8%
$606,360
8%
2015
$4,758
20%
$559,750
20%
2014
$3,959
—
$465,810
—
View All
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 for 1944 3rd St NE

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Long & Foster Real Estate, Inc., Samuel R Davis

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1944 3rd Street NE, Washington, DC 20002 (MLS# DCDC2271010) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1944 3rd Street NE is currently listed for $4,750,000 and was received on June 30, 2026. Want to learn more about 1944 3rd Street NE? 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.

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