Bought with Onyebuchi C. Offodile • Sold 100 Real Estate, Inc.
$475,000
$475,000
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2,632 SqFt
SOLD DATE : 04/20/2026
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,632 sqft
Price per Sqft $180
MLS Listing ID DCDC2243424
Sold Date 04/20/26
Style Other
Abv Grd Liv Area 2,632
Year Built 1952
Annual Tax Amount $4,044
Tax Year 2025
Lot Size 1,188 Sqft
Acres 0.03
Property Sub-Type Quadruplex
Source BRIGHT
Property Description
An exceptional opportunity to acquire a four-unit multifamily property in Northeast D.C., offering immediate income with meaningful value moving forward. One unit is now vacant, creating an ideal scenario for an owner-occupant to move in while continuing to generate rental income from the remaining three units or to lease the vacant unit and further strengthen the current rent roll. This solid all-brick building consists of four well-proportioned one-bedroom, one-bathroom apartments. The in-place rent roll reflects steady performance. For investors, the property presents a clear value-add opportunity to enhance rents and drive long-term returns. The straightforward unit mix makes it accessible for both seasoned investors and those entering the multifamily market.
Perfectly positioned near Deanwood Metro, major commuter routes, and an area experiencing ongoing redevelopment, this opportunity offers stability today with strong upside potential ahead. Offered as-is and competitively priced, 825 48th Place NE stands out as a compelling opportunity in an evolving D.C. submarket. Whether you're expanding your portfolio, exploring a live-in investment strategy, or pursuing a 1031 exchange replacement, 825 48th Place NE delivers a reliable, income-producing opportunity with long-term growth potential in one of the city's most dynamic neighborhoods.
Location
State DC
County Washington
Zoning R*2
Interior
Interior Features Kitchen - Galley, Kitchen - Efficiency, Floor Plan - Open, Dining Area, Combination Dining/Living
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Above Ground Finished SqFt 2632
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5149//0816
Ownership Fee Simple
SqFt Source 2632
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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