www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20273325
20273324

1944 3rd St NE, Washington, DC 20002

Long & Foster Woodley Park
Listed by Long & Foster Woodley Park
$4,750,000
633 days on market
Updated 2 days ago

1944 3rd Street NE Washington DC 20002

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,638
Net Rentable (SqFt) 8,638
Units 7
Cap Rate 6.4%
NOI $304,000
Occupancy 100%
Pro-Forma Cap Rate 7.97%
Pro-Forma NOI $378,750
Broker Co-Op Yes
Class B
Year Built 2022
Year Renovated 2022
Buildings 1
Stories 3
Lot Size (SqFt) 7,031
Zoning RF1
Investment Type Stabilized
Occupancy Date 11/01/2023
Ownership Fee Simple

Eckington Cash-Cow!!!

Marketing description

This property has 3 units leased and 4 that are vacant. This is an amazing investment opportunity that has subsidized guaranteed rents. It has been completely renovated into 2–6-bedroom, 4-5 bedroom and 1-4 bedroom fully self-contained multifamily apartment building located in a great neighborhood. Fully leased and ready to start earning you income. The tenants have not been given their TOPA rights but should not be an issue. It has a large lot with parking in the rear. Close to the Rhode Island Metro station, Union Market, stores and restaurants on 12th street.

Investment highlights

This property has 3 units leased and 4 that are vacant. This is an amazing investment opportunity that has subsidized guaranteed rents. It has been completely renovated into 2–6-bedroom, 4-5 bedroom and 1-4 bedroom fully self-contained multifamily apartment building located in a great neighborhood. Fully leased and ready to start earning you income. The tenants have not been given their TOPA rights but should not be an issue. It has a large lot with parking in the rear. Close to the Rhode Island Metro station, Union Market, stores and restaurants on 12th street.

Listing Contacts

Long & Foster Woodley Park
Listed by Long & Foster Woodley Park

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$304,000.00
$25,333.33/mo

Valuation Metrics

0
DSCR
6.4%
Cap Rate
6.4%
ROI

Map

Zoning

Intelligence Badge
RF-1 ResidentialSingle FamilyResidential Flat
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 235 uses
View all 235 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591