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$430,000
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Property Description
INVESTOR ALERT: VALUE-ADD 4-UNIT BUILDING PRICED FOR IMMEDIATE EQUITY GAIN. Acquire this exceptional 4-unit brick multifamily building in Washington, D.C., a proven vehicle for strategic wealth creation. The property consists of four identical 1-Bedroom/1-Bathroom units, offering a highly desirable and easily managed unit mix for the rental market. This asset is aggressively priced to allow the experienced buyer maximum profit margin; the 2025 Assessed Value stands at $590,590, highlighting clear and substantial room to create instant equity and force appreciation post-closing. This is a true value-add opportunity that requires a full capital expenditure (CapEx) plan. The clear roadmap involves targeted renovations to the unit interiors and updating building systems, which will directly lead to drastically increased rent rolls and maximized Net Operating Income (NOI). SOLD STRICTLY AS-IS: Seller will make absolutely no repairs or offer any credits; the pricing fully reflects the required scope of work. All due diligence must be completed prior to offer submission. This offering is ideal for cash, fha 203K or commercial financing buyers. Do not miss this chance to acquire a four-unit asset below assessed value and reposition it into a top-performing investment. This is the definition of a wealth-building opportunity
Full Property Details
Full Property Details for 2609 29th St SE
General
- Sold For: $430,000
- Taxes: $5,020 (2025)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2233284
- Added to Site: 37 day(s) ago
Parking
- Parking Type: On Street
Location
- County: WASHINGTON
- Driving Directions: Please refer to Google Maps
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Other
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Other
- Construction: Brick
- Basement: Yes
- Basement Desc.: Other
- Square Feet: 3,024
- Sq. Ft. Source: Assessor
- Living Area: 2,520 Sq. Ft.
- Finished Above Grnd: 2,520 Sq. Ft.
- Year Built: 1943
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,643
- Lot Size Source: Assessor
- Zoning: RA-1
Financial Considerations
- Price Per Sq. Ft.: $170.63
- Assessment Year: 2025
- City/TownTax: $5,020
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $587,070
- Tax Amount: $5,020
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2520
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 8
Listed by Keller Williams Capital Properties, Abel M Gebremichael
Sold by Samson Properties, ivory nana frimpong
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Schools
Schools serving 2609 29th St SE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Stanton Elementary School 2701 Naylor Road Southeast, Washington, DC 20020 | K-5 | 0.2 mi |
Kramer Middle School 1700 Q Street Southeast, Washington, DC 20020 | 6-8 | 1.2 mi |
Anacostia High School 1601 16th Street Southeast, Washington, DC 20020 | 9-12 | 1.2 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 2609 29th St SE
Date
Details
Price
Change
Source
1/09/2026
Sold
$430,000
—
MLS
12/12/2025
Listed
$430,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2609 29th Street SE, Washington, DC 20020 (MLS# DCDC2233284) is a Multi-Family property that was sold at $430,000 on January 09, 2026. Want to learn more about 2609 29th Street SE? 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.

