2323 Green St Se, Washington, DC 20020
Local realty services provided by:ERA OakCrest 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:72 day(s) ago
- Updated:March 21, 2026 at 01:32 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
- Coming Soon
$349,990Coming Soon4 beds 3 baths417 Atlantic St Se, WASHINGTON, DC 20032
MLS# DCDC2250512Listed by: D&D PROPERTIES - New
$599,000Active2 beds 2 baths1,020 sq. ft.1000 New Jersey Ave Se #514, WASHINGTON, DC 20003
MLS# DCDC2250566Listed by: LONG & FOSTER REAL ESTATE, INC. - Coming Soon
$310,000Coming Soon1 beds 1 baths2401 H St Nw #202, WASHINGTON, DC 20037
MLS# DCDC2251424Listed by: WEICHERT, REALTORS - Coming Soon
$177,000Coming Soon2 beds 1 baths210 43rd Rd Ne #103, WASHINGTON, DC 20019
MLS# DCDC2251558Listed by: EXP REALTY, LLC
$1,650,000Pending4 beds 3 baths2,781 sq. ft.1832 Kenyon St Nw, WASHINGTON, DC 20010
MLS# DCDC2251382Listed by: COMPASS- Open Sun, 2 to 4pmNew
$3,199,000Active5 beds 5 baths3,686 sq. ft.4317 Windom Pl Nw, WASHINGTON, DC 20016
MLS# DCDC2230156Listed by: COMPASS - New
$1,950,000Active6 beds 6 baths4,800 sq. ft.3423 Oakwood Ter Nw, WASHINGTON, DC 20010
MLS# DCDC2250390Listed by: COMPASS - Coming Soon
$2,200,000Coming Soon6 beds 5 baths1606 Varnum St Nw, WASHINGTON, DC 20011
MLS# DCDC2251660Listed by: KELLER WILLIAMS CAPITAL PROPERTIES - Open Sat, 11am to 1pmNew
$150,000Active1 beds 1 baths583 sq. ft.2111 Suitland Ter Se #101, WASHINGTON, DC 20020
MLS# DCDC2251000Listed by: SAMSON PROPERTIES - Coming Soon
$2,854,837Coming Soon6 beds 5 baths4837 W St Nw, WASHINGTON, DC 20007
MLS# DCDC2251036Listed by: CORCORAN MCENEARNEY