5001 1st St Nw, Washington, DC 20011

Washington
Local realty services provided by:ERA Reed Realty, Inc.
5001 1st St Nw,Washington, DC 20011
$1,199,999
  • 12 Beds
  • - Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by: christopher s burns
Office: ttr sotheby's international realty
MLS#:DCDC2244574
Source:BRIGHTMLS

Price summary

  • Price:$1,199,999
  • Price per sq. ft.:$428.57

About this home

Cash-flowing investment opportunity in Petworth with a proven rental history! This 4-unit multifamily building was renovated in 2020 and features 3BR/1BA units, each with a consistent track record of achieving $3,000+ per month in rent. Three of the four units are currently vacant, offering an investor or owner-occupant immediate upside to avoid complications and place their own market or voucher rate tenants. The property presents compelling redevelopment potential. Its substantial lot size and RA-1 zoning offer the opportunity to increase its unit count and footprint, subject to required zoning approvals. FHA and VA buyers welcome! ** Unit 2 and Unit 3 can be shown. Unit 4 is finishing up a unit turn. **

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Home facts

  • Year built:1937
  • Listing ID #:DCDC2244574
  • Added:53 day(s) ago
  • Updated:March 31, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:12
  • Living area:2,800 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Year built:1937
  • Building area:2,800 sq. ft.
  • Lot area:0.1 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,199,999
  • Price per sq. ft.:$428.57
  • Tax amount:$7,836 (2025)

Parking

  • Parking description:On Street

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