4512 MacArthur Boulevard Northwest
About This Property
Investment highlights
THE OPPORTUNITY
4512 MacArthur Blvd NW is a vacant 4-unit Palisades building (two 2BR/1BA, two 1BR/1BA) on a large 6,066 SF end-cap lot with three sides of light. It's the only building on the block with a curb cut and off-street parking, offering immediate rental upside for owner-users and investors plus long-term redevelopment potential.
TOPA & RENT CONTROL EXEMPT
The property delivers fully vacant at closing, giving complete TOPA exemption, further assured by DC's RENTAL Amendment Act of 2025 that exempts nearly all 4-unit buildings as of January 2026. It's also exempt from rent control for any buyer owning four or fewer DC units, providing certainty on timing and full flexibility on rents from day one.
METICULOUSLY MAINTAINED, SEPARATELY METERED
One private owner has cared for and invested in the building for decades, minimizing deferred maintenance. Recent improvements include a new roof, upgraded windows, quartz/granite counters, custom closets, dishwashers, modern appliances, and a new parking pad. Each unit is separately metered for gas and electric with its own new Weil-McLain boiler and window A/C, pushing nearly all utility costs (except water/sewer) to tenants.
BEST-IN-CLASS DEMAND DRIVERS
The Palisades pulls steady demand from Georgetown and GWU, nearby hospitals, and commuters to Downtown DC and northern Virginia, supporting historically full occupancy. Comparable renovated 1BR and 2BR units nearby achieve roughly $2,700 and $3,900/month, and with 4512 fully vacant, a buyer captures market rents on all four units immediately with no below-market leases to inherit.
REDEVELOPMENT POTENTIAL
Set on a nearly 6,000 SF corner lot in one of the District's most desirable zip codes (median home ~$1.35M, average household income $265K+), the property sits in the Key Elementary district and is the only lot on the block with a curb cut, essential for any condo or redevelopment play. Delivered fully vacant and zoned RA-1, it offers a clean path to redevelopment or condo conversion.
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