2323 Green St Se, Washington, DC 20020
Local realty services provided by:ERA Reed Realty, Inc.
2323 Green St Se,Washington, DC 20020
$825,000
- - Beds
- - Baths
- 2,888 sq. ft.
- Multi-family
- Active
Listed by: ari firoozabadi
Office: greysteel company llc.
MLS#:DCDC2239420
Source:BRIGHTMLS
Price summary
- Price:$825,000
- Price per sq. ft.:$285.66
About this home
THE OPPORTUNITY
2323 Green Street SE presents a compelling opportunity to acquire a four-unit multifamily property in the evolving Randle Highlands neighborhood of Washington, DC. The building is configured as 4 3BR/1BA Units.
With 50% current occupancy and an average in-place rent of $2,107, the property offers immediate upside through lease-up and rent stabilization. Its large unit layouts cater to families and roommates alike, broadening tenant appeal in a rapidly appreciating submarket.
RENT CONTROL EXEMPT
As a four-unit asset, the property qualifies for DC’s rent control exemption for first-time multifamily owners. This status enhances long-term income potential by allowing for market-based rent increases—an ideal entry point for investors seeking flexibility and value growth in the DC multifamily sector.
UPSIDE THROUGH RENOVATION AND LEASE-UP
With two units currently vacant, there is an opportunity for value-add improvements to boost rents and minimize deferred maintenance. A light renovation and lease-up strategy could significantly enhance cash flow and overall asset value in a submarket seeing continued investment and revitalization.
LARGE, RENTABLE FLOORPLANS
Each of the four units features three spacious bedrooms, ideal for maximizing per-unit income. This format supports both family-oriented and shared living arrangements, expanding the tenant base and reducing leasing risk.
STRATEGIC SOUTHEAST DC LOCATION
Situated near downtown Anacostia, the property provides convenient access to Downtown DC, Capitol Hill, and major commuter routes. It is well-served by multiple Metrobus lines, and within a short drive to the Potomac Ave and Anacostia Metro Stations, enhancing connectivity and future demand....
Contact an agent
Home facts
- Year built:1942
- Listing ID #:DCDC2239420
- Added:71 day(s) ago
- Updated:March 20, 2026 at 01:36 PM
Rooms and interior
- Living area:2,888 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1942
- Building area:2,888 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Brick
- Foundation Description:Crawl Space
Utilities
- Water:Public
- Sewer:Public Septic
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$285.66
- Tax amount:$5,484 (2025)
Parking
- Parking description:On Street
New listings near 2323 Green St Se
- New
$599,000Active2 beds 2 baths568 sq. ft.1625 16th St Nw #302, WASHINGTON, DC 20009
MLS# DCDC2243132Listed by: COMPASS - New
$865,000Active4 beds 4 baths2,816 sq. ft.6006 New Hampshire Ave Ne, WASHINGTON, DC 20011
MLS# DCDC2251670Listed by: COMPASS - New
$869,900Active3 beds -- baths1,798 sq. ft.306 M St Nw, WASHINGTON, DC 20001
MLS# DCDC2249862Listed by: COMPASS - New
$1,099,000Active4 beds 3 baths1,616 sq. ft.5331 42nd Pl Nw, WASHINGTON, DC 20015
MLS# DCDC2250050Listed by: LONG & FOSTER REAL ESTATE, INC. - New
$408,500Active1 beds 1 baths650 sq. ft.1111 11th St Nw #309, WASHINGTON, DC 20001
MLS# DCDC2251520Listed by: RE/MAX ALLEGIANCE - Open Sun, 2 to 4pmNew
$3,295,000Active5 beds 6 baths4,905 sq. ft.5011 Fulton St Nw, WASHINGTON, DC 20016
MLS# DCDC2251584Listed by: COMPASS - New
$375,000Active2 beds 1 baths864 sq. ft.1441 Bangor St Se, WASHINGTON, DC 20020
MLS# DCDC2251654Listed by: FORMANT PROPERTY GROUP, LLC - New
$625,000Active2 beds 2 baths968 sq. ft.301 Massachusetts Ave Nw #507, WASHINGTON, DC 20001
MLS# DCDC2251578Listed by: RE/MAX ALLEGIANCE - Open Sat, 1 to 3pmNew
$1,390,000Active3 beds 3 baths2,169 sq. ft.1099 22nd St Nw #410, WASHINGTON, DC 20037
MLS# DCDC2251614Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 1 to 3pmNew
$279,000Active1 beds 1 baths655 sq. ft.3024 Wisconsin Ave Nw #101, WASHINGTON, DC 20016
MLS# DCDC2251260Listed by: WASHINGTON FINE PROPERTIES, LLC