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$1,200,000
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Property Description
Cash-flowing investment opportunity in Petworth with a proven rental history! This 4-unit multifamily building was renovated in 2020 and features 3BR/1BA units, each with a consistent track record of achieving $3,000+ per month in rent. Three of the four units are currently vacant, offering an investor or owner-occupant immediate upside to avoid complications and place their own market or voucher rate tenants. The property presents compelling redevelopment potential. Its substantial lot size and RA-1 zoning offer the opportunity to increase its unit count and footprint, subject to required zoning approvals. FHA and VA buyers welcome! ** Unit 2 and Unit 3 can be shown. Unit 4 is finishing up a unit turn. **
Full Property Details
Full Property Details for 5001 1st St NW
General
- Sold For: $1,200,000
- Taxes: $7,836 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2244574
- Added to Site: 88 day(s) ago
Parking
- Parking Type: On Street
Location
- County: WASHINGTON
- Driving Directions: Use GPS
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Other
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Brick
- Foundation: Other
- Square Feet: 2,800
- Sq. Ft. Source: Assessor
- Living Area: 2,800 Sq. Ft.
- Finished Above Grnd: 2,800 Sq. Ft.
- Year Built: 1937
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,560
- Lot Size Source: Assessor
- Zoning: RA-1
Financial Considerations
- Price Per Sq. Ft.: $428.57
- Assessment Year: 2025
- City/TownTax: $7,836
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $919,030
- Tax Amount: $7,836
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2800
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 21
Listed by TTR Sotheby's International Realty, Christopher S Burns
Sold by EXIT Landmark Realty Lorton, Koy D Banks
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Schools
Schools serving 5001 1st St NW
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Barnard Elementary School 430 Decatur Street Northwest, Washington, DC 20011 | K-5 | 0.4 mi |
Roosevelt High School @ MacFarland 4301 13th Street Northwest, Washington, DC 20011 | 9-12 | 1.1 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 5001 1st St NW
Date
Details
Price
Change
Source
4/03/2026
Sold
$1,200,000
—
MLS
2/21/2026
Listed
$1,199,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5001 1st Street NW, Washington, DC 20011 (MLS# DCDC2244574) is a Single Family property that was sold at $1,200,000 on April 03, 2026. Want to learn more about 5001 1st Street NW? Do you have questions about finding other Single Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

