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$2,250,000
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Property Description
Rare value-add opportunity to purchase 9 unit building with rent upside in Capitol Hill. The building has 2 vacancies and the most recent lease signed was at $3,100/month (HCVP) for a renovated 2 bedroom/1 bath. Rents for legacy tenants are lower. Pro forma NOI is almost $175,000, a 7.8% cap at the list price. The building has comparably large units for the area. Out of 9 units, 5 have already been converted to 2 bedroom/ 1 bath. The rest of the units are 1 bedrooms and there is an opportunity to convert them to 2s on turns. Utilities are sub metered. All units feature central heat and 5 also have central cooling (the others have window A/C). There are 4 parking spaces in the rear. The property is in historic Capitol Hill. Walk score is 83. Nearby amenities include Whole Foods (0.3 mi), Union Station (0.7 mi), Trader Joe's (0.9 mi), and Stanton Park (0.3 mi).
Full Property Details
Full Property Details for 525 7th St NE
General
- Price: $2,250,000
- Taxes: $12,543 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2266894
- Updated: 6/6/2026
- Added to Site: 96 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 4
- Parking Type: Parking Lot
Location
- County: WASHINGTON
- Driving Directions: GPS
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 7506
- Sq. Ft. Source: Assessor
- Year Built: 1954
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,214
- Lot Size Source: Assessor
- Zoning: RF-1
Financial Considerations
- Price Per Sq. Ft.: $299.76
- Assessment Year: 2025
- City/TownTax: $12,543
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,327,180
- Tax Amount: $12,543
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 30
Listed by Keller Williams Capital Properties, Stefan Rosu
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Schools
Schools serving 525 7th St NE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Ludlow-Taylor Elementary School 659 G Street Northeast, Washington, DC 20002 | K-5 | 0.1 mi |
Stuart-Hobson Middle School 410 E Street NE, Washington, DC 20002 | 6-8 | 0.2 mi |
Eastern High School 1700 East Capitol Street Southeast, Washington, DC 20003 | 9-12 | 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 525 7th St NE
Date
Details
Price
Change
Source
6/06/2026
Listed
$2,250,000
42.5%
MLS
11/22/2023
Sold
$1,579,000
—
Public Record
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
Tax History for 525 7th St NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,543
9%
$1,475,640
9%
2024
$11,547
-12%
$1,358,490
-12%
2023
$13,096
-2%
$1,540,710
-2%
2022
$13,421
-1%
$1,578,940
-1%
2021
$13,528
13%
$1,591,480
13%
2020
$11,933
8%
$1,403,830
8%
2019
$11,057
5%
$1,300,770
5%
2018
$10,553
13%
$1,241,510
13%
2017
$9,366
15%
$1,101,850
15%
2016
$8,178
3%
$962,060
3%
2015
$7,953
10%
$935,650
10%
2014
$7,203
—
$847,450
—
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
Estimate the Cost for 525 7th St NE
525 7th Street NE, Washington, DC 20002 (MLS# DCDC2266894) is a Apartment property. 525 7th Street NE is currently listed for $2,250,000 and was received on June 06, 2026. Want to learn more about 525 7th Street NE? Do you have questions about finding other Apartment real estate for sale in Anacostia? You can browse all Anacostia real estate or contact a Coldwell Banker agent to request more information.

