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29790281
29790282

3917 4th St SE, Washington, DC 20032

KT
VA 0225081719, MD 636050 (+1)
Greysteel
NC
D.C. SP2002023
Greysteel Company LLC
HS
MD - 670463
Greysteel Company LLC
Listed by Greysteel, Greysteel Company LLC
Unpriced
106 days on market
Updated 68 days ago

3917 4th Street SE

Details
APN 6153 - 0069
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,000
Units 9
Year Built 1966
Buildings 1
Stories 2
Lot Size (SqFt) 6,500
Zoning R-3

Multifamily | 9 Units

Investment highlights

THE OPPORTUNITY

Rare opportunity to acquire a fully vacant nine-unit apartment building in the rapidly improving Congress Heights neighborhood, offering immediate execution of a value add or repositioning strategy.

HIGH VACANCY ASSET WITH IMMEDIATE VALUE ADD POTENTIAL

The property is highly vacant, creating an efficient platform for a new owner to execute renovations, redesign unit layouts, and implement operational improvements. In the District of Columbia, elevated vacancy materially improves execution certainty, shortens repositioning timelines, and reduces overall project risk.

IMPROVING INFRASTRUCTURE

Congress Heights is experiencing substantial public and private investment, with development plans calling for more than one thousand residential units and approximately one million square feet of retail. Major projects underway include Congress Heights Town Center, St. Elizabeths East, Terrace Manor Redevelopment, and the Wheeler Renaissance.

SECURED OFF-STREET PARKING

The property includes secure six off-street parking spaces, a scarce amenity in the immediate area. This feature enhances resident convenience and supports stronger rent potential as the neighborhood continues to densify and mature.

Listing Contacts

KT
VA 0225081719, MD 636050 (+1)
Greysteel
NC
D.C. SP2002023
Greysteel Company LLC
HS
MD - 670463
Greysteel Company LLC
Listed by Greysteel, Greysteel Company LLC

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Additional Information

Name
Ari Firoozabadi
License
BR98371298
Brokerage
Greysteel
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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