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$550,000
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Property Description
This turnkey four-unit multi-level brick property, now available at a reduced price, presents a remarkable investment opportunity that can significantly enhance your portfolio. Each unit is designed and features one bedroom, one full bathroom, a spacious living room, and a generous eat-in kitchen, making it appealing to potential tenants. Located in a vibrant, pedestrian-friendly area, each unit is individually metered, promoting efficient management and optimizing your investment strategy. This property is an excellent choice for individuals aspiring to become landlords, as it provides a strong foundation for financial growth and a secure, efficient management system, giving you peace of mind and confidence in your investment. With its well-maintained units that balance convenience and privacy, this property is poised to deliver promising returns. Act promptly to seize this opportunity and elevate your financial journey while ensuring your tenants' comfort and peace of mind.
Full Property Details
Full Property Details for 1959 Capitol Ave NE
General
- Sold For: $550,000
- Taxes: $4,592 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2191410
- Added to Site: 301 day(s) ago
Rental Information
- Rent Control: Yes
Interior
- Number of Rooms: 12
- Interior Features: Breakfast Area, Combination Dining/Living, Floor Plan - Traditional, Kitchen - Eat-In, Wood Floors
- Appliances: Stove, Refrigerator
- Flooring: Hardwood
Additional Information
- Security/Safety: Smoke Detector, Main Entrance Lock, Window Grills
Exterior
- Exterior Features: Sidewalks
- Porch/Patio/Deck: Brick, Patio(s)
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- County: Washington
- Development Name: Brentwood
- Subdivision: Brentwood
- Cross Streets: Fenwick
- Driving Directions: From VA - get to New York Ave. Rt., then take a Right on Fenwick, Right on Capitol Ave. From MD - from Benning Rd. SE Rt. on 17th St NE, keep left on Mt. Olivet Rd NE, Rt. on West VA Ave. NE left on Fenwick NE, Left on Capitol Ave.
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
- Elementary School: Wheatley Education Campus
- Middle School: Wheatley Education Campus
- High School: Dunbar Senior
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
Structural Information
- Architectural Info: Colonial, Unit/Flat
- Architectural Style: Colonial, Unit/Flat
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Brick/Mortar
- Roof: Flat
- Stories/Levels: 0
- Square Feet: 2,496
- Sq. Ft. Source: Assessor
- Living Area: 2,496 Sq. Ft.
- Year Built: 1942
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 1 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,146
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $239.98
- Assessment Year: 2024
- City/TownTax: $4,592
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $552,910
- Tax Amount: $4,592
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2496
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 38
Listed by Long & Foster Real Estate, Inc., Deborah Jackson
Sold by Redfin Corp, Rebecca J Love
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Schools
Schools serving 1959 Capitol Ave NE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Wheatley Education Campus 1299 Neal Street Northeast, Washington, DC 20002 | K-8 | 0.7 mi |
Dunbar High School 101 N Street Northwest, Washington, DC 20001 | 9-12 | 1.6 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 1959 Capitol Ave NE
Date
Details
Price
Change
Source
7/30/2025
Sold
$550,000
-8.18%
MLS
5/26/2025
Price Reduced
$599,000
-13.81%
MLS
5/16/2025
Price Reduced
$695,000
-0.71%
MLS
4/28/2025
Price Reduced
$700,000
-5.41%
MLS
3/21/2025
Listed
$740,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1959 Capitol Avenue NE, Washington, DC 20002 (MLS# DCDC2191410) is a Multi-Family property that was sold at $550,000 on July 30, 2025. Want to learn more about 1959 Capitol 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.

