718 Lamont St Nw, Washington, DC 20010
Local realty services provided by:ERA Valley Realty
718 Lamont St Nw,Washington, DC 20010
$1,550,000
- - Beds
- - Baths
- 2,968 sq. ft.
- Multi-family
- Active
Listed by: ari firoozabadi
Office: greysteel company llc.
MLS#:DCDC2225762
Source:BRIGHTMLS
Price summary
- Price:$1,550,000
- Price per sq. ft.:$522.24
About this home
THE OPPORTUNITY
718 Lamont Street NW presents an exceptional opportunity to acquire a four-unit multifamily property in the heart of Columbia Heights. The building consists of:
• Three (2) 2-Bedroom/1-Bathroom Units
• One (1) 3-Bedroom/1-Bathroom Unit
With three of the four units currently vacant, the property is well-suited for both owner-occupants seeking rental income from additional units and investors aiming to reposition the asset for long-term value creation. The mix of unit layouts provides flexible leasing potential and broad tenant appeal in one of DC’s strongest rental submarkets.
RENT CONTROL EXEMPT
For first-time buyers of multifamily property in Washington, DC, ownership of 718 Lamont Street NW would be exempt from rent control under DC law (for owners of four units or fewer). This unique exemption provides flexibility in ownership strategy, greater rent growth potential compared to larger regulated multifamily assets, and an ideal entry point into the DC multifamily market for buyers seeking both stability and upside.
SUBSTANTIAL RECENT RENOVATIONS
The property underwent a comprehensive renovation in 2021, with ownership investing approximately $253,000 in capital improvements, including new kitchens, upgraded plumbing, modern flooring, central HVAC, and other unit enhancements. This reduces near-term capital expenditure risk while positioning the asset competitively within the Columbia Heights rental market.
TRANSIT-ORIENTED ASSET
The property offers exceptional access to public transportation, enhancing its desirability for renters and future appreciation:
• 0.3 miles to Georgia Ave–Petworth Metro Station (Green & Yellow Lines)
• 0.6 miles to Columbia Heights Metro Station (Green & Yellow Lines)
• Multiple Metrobus lines (H2, H4, 70, 79, 64) within two blocks, providing direct connectivity to downtown DC, Howard University, and Silver Spring • Access to Capital Bikeshare stations within a 5-minute walk
This central, transit-rich location makes commuting seamless and positions the property as a highly attractive housing option for a broad tenant base.
ACCESS TO URBAN LIFESTYLE AMENITIES
718 Lamont Street NW sits at the crossroads of Columbia Heights and Petworth, offering immediate access to some of DC’s most vibrant urban amenities:
• Grocers • Giant Food – 0.4 miles • Target – 0.6 miles • Safeway – 0.7 miles
• Dining & Restaurants • Bad Saint (James Beard-nominated Filipino restaurant) – 0.2 miles • Midlands Beer Garden – 0.3 miles • Queen’s English – 0.4 miles • Thip Khao (Laotian) – 0.6 miles
• Nightlife & Entertainment • Wonderland Ballroom – 0.5 miles • DC Nine – 0.8 miles • 9:30 Club – 1.0 mile
The property’s location offers a compelling mix of daily conveniences, popular restaurants, and entertainment venues, all within walking distance. This ideal location presents a prime opportunity to attract quality renters within the District.
Contact an agent
Home facts
- Year built:1940
- Listing ID #:DCDC2225762
- Added:136 day(s) ago
- Updated:February 17, 2026 at 02:35 PM
Rooms and interior
- Living area:2,968 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Hot Water
Structure and exterior
- Year built:1940
- Building area:2,968 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$522.24
- Tax amount:$8,817 (2025)
New listings near 718 Lamont St Nw
- New
$839,000Active4 beds 4 baths2,624 sq. ft.1822 Taylor St Ne, WASHINGTON, DC 20018
MLS# DCDC2243614Listed by: COMPASS - Coming SoonOpen Sun, 12 to 2pm
$335,000Coming Soon1 beds 1 baths1245 4th St Sw #e805, WASHINGTON, DC 20024
MLS# DCDC2245328Listed by: REAL BROKER, LLC - New
$590,000Active2 beds 1 baths812 sq. ft.1308 Clifton St Nw #312, WASHINGTON, DC 20009
MLS# DCDC2246210Listed by: KW METRO CENTER - New
$499,900Active2 beds 2 baths1,050 sq. ft.1420 Staples St Ne #1, WASHINGTON, DC 20002
MLS# DCDC2246214Listed by: PEARSON SMITH REALTY, LLC - Coming Soon
$595,000Coming Soon2 beds 2 baths1402 H St Ne #505, WASHINGTON, DC 20002
MLS# DCDC2245864Listed by: DESIREE CALLENDER REALTORS AND ASSOCIATES, LLC - New
$1,850,000Active2 beds 3 baths2,170 sq. ft.1434 T St Nw, WASHINGTON, DC 20009
MLS# DCDC2246184Listed by: REALTY NETWORK, INC. - Coming Soon
$495,000Coming Soon2 beds 2 baths1920 S S St Nw #404, WASHINGTON, DC 20009
MLS# DCDC2245994Listed by: NORTHGATE REALTY, LLC - Coming Soon
$400,000Coming Soon2 beds 2 baths1250 4th St Sw #w214, WASHINGTON, DC 20024
MLS# DCDC2246200Listed by: RE/MAX GALAXY
$1,700,000Pending4 beds 6 baths3,792 sq. ft.6827 32nd St Nw, WASHINGTON, DC 20015
MLS# DCDC2240830Listed by: COMPASS- Open Sun, 1 to 3pmNew
$5,995,000Active6 beds 8 baths7,400 sq. ft.3033 University Ter Nw, WASHINGTON, DC 20016
MLS# DCDC2245996Listed by: WASHINGTON FINE PROPERTIES, LLC