1214 18th Pl Ne, WASHINGTON, DC 20002
Local realty services provided by:O'BRIEN REALTY ERA POWERED



1214 18th Pl Ne,WASHINGTON, DC 20002
$1,349,000
- 10 Beds
- - Baths
- 2,652 sq. ft.
- Multi-family
- Active
Listed by:abel m gebremichael
Office:keller williams capital properties
MLS#:DCDC2213524
Source:BRIGHTMLS
Price summary
- Price:$1,349,000
- Price per sq. ft.:$508.67
About this home
Welcome to 1214 18th Place NE – a four-unit multifamily property, offering exceptional income potential. This building features two expansive bi-level 3-bedroom, 3-bath units (Units 3 & 4) and two spacious 2-bedroom, 2-bath flats (Units 1 & 2). The third-story addition has added significant living space and value, seamlessly blending into the building’s classic structure. Each unit boasts in-unit washers and dryers, contemporary kitchens and bathrooms, and updated mechanical systems (most major systems are less than 5 years old), ensuring low maintenance for years to come. The property is separately metered for utilities except for water, allowing tenants to pay their bills – a big plus for any landlord. Investors and owner-occupants alike will appreciate the flexibility and high rental income potential here. Three of the four units are currently vacant and move-in ready, giving the next owner the option to lease them immediately at market or voucher rates, while one unit is already tenant-occupied (Delinquent and served notice). With DC Housing voucher rents of roughly $3,500/month for each 3BR unit and $2,300/month for each 2BR unit, a fully leased building could generate over $11,000 in monthly gross rent – an impressive yield in the current market. This combination of strong cash flow and recent renovations makes for a truly turn-key investment opportunity. Whether you’re an investor seeking a profitable addition to your portfolio or a homeowner looking to live in one unit and rent out the others to offset your mortgage, 1214 18th Place NE delivers. The full renovation means modern comfort and style for tenants and minimal upkeep for you. Don’t miss this rare opportunity to own an entire four-unit building in a thriving DC location – a perfect blend of luxury living for tenants and excellent returns for the owner.
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Home facts
- Year built:1941
- Listing Id #:DCDC2213524
- Added:12 day(s) ago
- Updated:August 17, 2025 at 01:30 PM
Rooms and interior
- Bedrooms:10
- Living area:2,652 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Hot Water
Structure and exterior
- Year built:1941
- Building area:2,652 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,349,000
- Price per sq. ft.:$508.67
- Tax amount:$47,934 (2024)
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