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$374,900
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Property Description
High-Yield Investment Property, Instant Cash Flow: Secure a premier asset with immediate cash flow potential in one of Washington, D.C.'s high-demand rental markets. This updated 2-bedroom, 1-bathroom condominium offers an exceptional rate of return, projecting a gross annual rental income of $35,400 based on a rental value of $2,950 per month. Whether you are looking to expand your portfolio or execute a 1031 exchange, this asset delivers both strong immediate yields and long-term historic equity growth, this property delivers an outstanding 9.44% Gross Rate of Return. Coupled with a guaranteed lease transferring through August 2027, this represents a low-risk addition to any real estate portfolio with immediate, high-yield cash flow from day one. Located in sought-after Eckington with close proximity to the metro, this 4th floor unit comes with views of the city and features an open-concept floor plan designed to maximize space and natural light. It comes fully upgraded with brand-new hardwood plank flooring, fresh neutral paint, a kitchen equipped with premium quartz countertops and newer appliances. The low-maintenance, turnkey nature of this property ensures minimized capital expenditures and immediate tenant placement. Current lease transfers to buyer, fully occupied until August 2027 and unit cannot be shown until then.
Full Property Details
Full Property Details for 80 New York Ave NW #402
General
- Price: $374,900
- HOA FEE: $524/month
- Taxes: $2,751 (2026)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2280670
- Updated: 8/29/2026
- Added to Site: 46 day(s) ago
Interior
- Interior Features: Kitchen - Galley
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Common
Additional Information
- Shared Amenities: None
Parking
- Parking Features: On-site - Rent, Parking Fee
- Parking Type: Parking Lot, On Street
Location
- County: WASHINGTON
- Subdivision: CONVENTION CENTER
- Building Name: Old City 2
- Driving Directions: New York Ave to First St to M St. Park on street.
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Snow Removal, Trash, Water
- Pets Allowed: Yes
- Pets: No Pet Restrictions
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
- Architectural Style: Straight Thru
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Brick
- Entry Floor Number: 4
- Stories Description: Main
- Square Feet: 842
- Sq. Ft. Source: Assessor
- Living Area: 842 Sq. Ft.
- Finished Above Grnd: 842 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $445.25
- Condo Fee: $524
- Condo Fee Freq: Monthly
- Assessment Year: 2025
- City/TownTax: $2,751
- City/TownTax Freq: Annually
- Tax w/Assessment: $382,830
- Tax Amount: $2,751
- Tax Year: 2026
Disclosures and Reports
- Ownership: Other
- Condo: Yes
Listed by RLAH @properties, Barri McClellan
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Schools
Schools serving 80 New York Ave NW #402
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Walker-Jones Education Campus 1125 New Jersey Avenue Northwest, Washington, DC 20001 | K-8 | 0.2 mi |
Dunbar High School 101 N Street Northwest, Washington, DC 20001 | 9-12 | 0.1 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 80 New York Ave NW #402
Date
Details
Price
Change
Source
8/29/2026
Listed
$374,900
63%
MLS
5/19/2025
Sold
$230,000
—
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 80 New York Ave NW #402
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,751
17%
$384,190
2%
2024
$2,342
1%
$377,760
3%
2023
$2,309
10%
$367,960
2%
2022
$2,106
9%
$359,730
3%
2021
$1,926
4%
$347,610
6%
2020
$1,859
10%
$329,420
10%
2019
$1,696
9%
$299,720
17%
2018
$1,555
5%
$256,280
4%
2017
$1,477
9%
$246,230
7%
2016
$1,355
8%
$231,140
5%
2015
$1,256
-4%
$219,170
-19%
2014
$1,312
—
$271,660
—
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 80 New York Ave NW #402
80 New York Avenue NW #402, Washington, DC 20001 (MLS# DCDC2280670) is a Condo property with 2 bedrooms and 1 full bathroom. 80 New York Avenue NW #402 is currently listed for $374,900 and was received on August 29, 2026. Want to learn more about 80 New York Avenue NW #402? Do you have questions about finding other Condo real estate for sale in Anacostia? You can browse all Anacostia real estate or contact a Coldwell Banker agent to request more information.

