5501 Foote St Ne, Washington, DC 20019

Washington
Local realty services provided by:ERA OakCrest Realty, Inc.
5501 Foote St Ne,Washington, DC 20019
$1,150,000
  • 12 Beds
  • - Baths
  • 3,540 sq. ft.
  • Multi-family
  • Active
Listed by: santiago noguera
Office: fairfax realty of tysons
MLS#:DCDC2259728
Source:BRIGHTMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$324.86

About this home

This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.

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Home facts

  • Year built:1960
  • Listing ID #:DCDC2259728
  • Added:102 day(s) ago
  • Updated:August 14, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:12
  • Living area:3,540 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Electric

Structure and exterior

  • Year built:1960
  • Building area:3,540 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar

Schools

  • High school:H.D. WOODSON

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$324.86
  • Tax amount:$3,456 (2026)

Parking

  • Parking description:On Street

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