5501 Foote St Ne, Washington, DC 20019
Local realty services provided by:ERA Liberty Realty
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:46 day(s) ago
- Updated:June 19, 2026 at 01:30 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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