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29286044
29286051

5111 Ayers Pl SE, Washington, DC 20019

JE
DC DC 98376698, MD MD 653182 (+1)
Pavilion Real Estate
Listed by Pavilion Real Estate
$1,295,000
143 days on market
Updated 13 days ago

PAVILION @ 5111 AYRES PL SE

Details
APN 5307-3; & 5307-4
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,800
Units 14
Price per SqFt $120
Class C
Year Built 1947
Buildings 1
Stories 4
Lot Size (SqFt) 12,036
Zoning R-2
Investment Type Value Add
Ownership FEE SIMPLE

Multifamily | 14 Units | $92,500/unit

Marketing description

Offering Date: January 18, 2026

5111 Ayers Place SE is a 14-unit multifamily property located in Southeast Washington, DC, within the Marshall Heights neighborhood. The property consists of a four-story brick apartment building, originally constructed in 1947, situated on an approximately 0.184-acre site comprising two tax parcels. The asset represents a vintage, walk-up multifamily building typical of the surrounding housing stock.

The property contains 13 one-bedroom units and one studio, with an average unit size of approximately 643 square feet and an estimated 10,800 square feet of gross building area. Zoning is R-2, consistent with existing multifamily use. Exterior construction is brick with a flat roof.

An appraisal dated May 17, 2024 (report date May 24, 2024) was provided to the broker by the owner for informational purposes only. The appraisal concluded an as-is market value based on conditions and assumptions as of its effective date. Buyers are advised that market conditions, physical condition, tenancy, income, and operating characteristics may have changed since the appraisal date, and the appraisal should not be relied upon as a current valuation or representation of present income, occupancy, or condition.

As of January 2026, the property is partially occupied, with approximately eight (8) tenants in place. The rent roll reflects material arrearages, and two (2) units are currently subject to active eviction proceedings. No representations are made regarding collectability of rent, tenant status, or outcomes of any legal actions. The property will be conveyed subject to existing tenancies, arrears, and any ongoing or future enforcement or legal processes.

The asset is offered strictly as-is, where-is, with all faults, and the seller makes no representations or warranties regarding physical condition, income, expenses, zoning compliance, tenancy, habitability, code status, or future performance. All prospective purchasers must conduct their own independent due diligence, including but not limited to physical inspections, lease review, financial verification, zoning analysis, and legal review.

The offering is best suited for a local or regional investor with experience in tenant-occupied, value-add multifamily assets, capable of addressing deferred maintenance, rent collections, and tenancy issues over time.

Pricing is supported by recent multifamily sales within the immediate Marshall Heights submarket. Certain comparable transactions referenced in CREXI market analytics and third-party data sources do not populate within CREXI’s attachable sales comp tool due to data classification or reporting limitations but were considered in establishing the offering price. Buyers are encouraged to perform their own independent analysis.

Investment highlights

Summary Highlights

  • 14 Units (13 One-Bedroom / 1 Studio)

  • 4-Story Brick Walk-Up

  • Built 1947

  • R-2 Zoning

  • Appraisal dated May 2024 (owner-provided, informational only)

  • Current partial occupancy with rent arrears and evictions in process

  • Offered As-Is / Where-Is

  • Buyer to perform all due diligence

Listing Contacts

JE
DC DC 98376698, MD MD 653182 (+1)
Pavilion Real Estate
Listed by Pavilion Real Estate

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Additional Information

Name
JASON EKUS
License
DC 98376698
Brokerage
PAVILION REAL ESTATE
Brokerage Phone
202-740-6708
Title
BROKER / OWNER
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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