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$990,000

  • For Sale
  • Active
  • Apartment
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Prime Investment Opportunity in Petworth - Fully Occupied 5-Unit Building! Discover a rare investment gem in the heart of Petworth! This large end-unit 5-unit multifamily building offers five spacious 2-bedroom, 1-bathroom units, all fully occupied-providing immediate rental income. Recent upgrades include a new 80-gallon hot water heater and an updated electrical system, ensuring efficiency and peace of mind for years to come. The property also features an income producing laundry room and off-street parking, a valuable perk in this sought-after neighborhood. Conveniently located near Metro, dining, and shopping, this well-maintained property is ideal for investors looking for a solid, income-generating asset in one of DC's most desirable neighborhoods. Don't miss out on this exceptional opportunity!

Full Property Details for 4801 3rd St NW

General

  • Price: $990,000
  • Taxes: $9,266 (2024)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSMidAtlantic
  • MLS ID: DCDC2195796
  • Updated: 4/16/2025
  • Added to Site: 91 day(s) ago

Business

  • Business Type: Apartment Building

Rooms

Bathrooms

  • Restrooms: 6

Parking

  • Total Spaces: 3
  • Parking Type: Driveway, On Street

Location

  • County: Washington
  • Driving Directions: Head south on Georgia Ave NW toward Delafield Pl NW. Turn left at the 2nd cross street onto Decatur St NW. Turn left onto 3rd St NW. Destination will be on the right
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Stories/Levels: 0
  • Year Built: 1936
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,436
  • Lot Size Source: Assessor
  • Zoning: RA-1

Financial Considerations

  • Price Per Sq. Ft.: $232.45
  • Assessment Year: 2024
  • City/TownTax: $9,266
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,027,780
  • Tax Amount: $9,266
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 21

Listed by Cupid Real Estate, Silvana P Dias

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Listing agent

— 4801 3rd St NW —

  • Silvana P Dias

    Cupid Real Estate

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 4801 3rd St NW

School District:District Of Columbia Public Schools
RatingNameGradesDistance
7
Barnard Elementary School
430 Decatur St Nw, Washington, DC 20011
PK-50.2 mi
5
Macfarland Middle School
4400 Iowa Ave Nw, Washington, DC 20011
6-80.8 mi
2
Roosevelt High School At Macfarland
4301 13th St Nw, Washington, DC 20011
9-120.8 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4801 3rd St NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/16/2025
Listed
$990,000
153.85%
MLS
5/14/2004
Sold
$390,000
—
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 4801 3rd St NW

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,193
7%
$1,090,120
18%
2023
$9,485
32%
$923,610
9%
2022
$7,200
-9%
$847,050
-9%
2021
$7,924
7%
$932,230
7%
2020
$7,438
-3%
$875,090
-3%
2019
$7,671
5%
$902,510
5%
2018
$7,299
11%
$858,700
11%
2017
$6,575
23%
$773,520
23%
2016
$5,329
1%
$626,920
1%
2015
$5,258
5%
$618,600
5%
2014
$4,991
—
$587,200
—
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 4801 3rd St NW

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

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with our affiliated lender
NMLS#: 1598647

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Listed by Cupid Real Estate, Silvana P Dias

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4801 3rd Street NW, Washington, DC 20011 (MLS# DCDC2195796) is a Apartment property. 4801 3rd Street NW is currently listed for $990,000 and was received on April 16, 2025. Want to learn more about 4801 3rd Street NW? Do you have questions about finding other Apartment real estate for sale in Petworth? You can browse all Petworth real estate or contact a Coldwell Banker agent to request more information.

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