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$849,900
Property Description
Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 8.9% cap rate, and delivers positive cash flow from day one. This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies. Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient. The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization. Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside.
Full Property Details
Full Property Details for 927 52nd St NE
General
- Price: $849,900
- Taxes: $9,090 (2026)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2276422
- Updated: 8/13/2026
- Added to Site: 28 day(s) ago
Parking
- Parking Type: On Street
Location
- County: WASHINGTON
- Subdivision: DEANWOOD
- Driving Directions: Sheriff Rd to 52nd St
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Brick
- Foundation: Brick/Mortar
- Square Feet: 5,954
- Sq. Ft. Source: Estimated
- Living Area: 5,954 Sq. Ft.
- Finished Above Grnd: 5,954 Sq. Ft.
- Year Built: 1953
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,250
- Lot Size Source: Estimated
- Zoning: MULTI-FAMILY
Financial Considerations
- Price Per Sq. Ft.: $142.74
- Assessment Year: 2026
- City/TownTax: $9,090
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,288,080
- Tax Amount: $9,090
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 815
Listed by Cosmopolitan Properties Real Estate Brokerage, Lasonya J Abney and Cosmopolitan Properties Real Estate Brokerage, Sandra B Michael
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Schools
Schools serving 927 52nd St NE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Burrville Elementary School 801 Division Avenue Northeast, Washington, DC 20019 | K-5 | 0.2 mi |
Kelly Miller Middle School 301 49th Street Northeast, Washington, DC 20019 | 6-8 | 0.8 mi |
H.D. Woodson High School 540 55th Street Northeast, Washington, DC 20019 | 9-12 | 0.5 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 927 52nd St NE
Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$849,900
-2.87%
MLS
7/29/2026
Listed
$875,000
94.44%
MLS
8/02/2013
Sold
$450,000
—
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 927 52nd St NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,077
-10%
$1,067,930
-10%
2024
$10,133
3%
$1,192,090
6%
2023
$9,854
5%
$1,126,400
2%
2022
$9,422
-2%
$1,108,440
-2%
2021
$9,644
12%
$1,134,550
12%
2020
$8,602
12%
$1,012,010
12%
2019
$7,687
4%
$904,400
4%
2018
$7,384
11%
$868,650
11%
2017
$6,656
9%
$783,010
9%
2016
$6,092
—
$716,750
—
2015
$6,093
2%
$716,800
2%
2014
$5,958
—
$700,900
—
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 927 52nd St NE
927 52nd Street NE, Washington, DC 20019 (MLS# DCDC2276422) is a Single Family property with 0 bedrooms and 0 full bathrooms. 927 52nd Street NE is currently listed for $849,900 and was received on July 29, 2026. Want to learn more about 927 52nd Street NE? 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.
