Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2303 S St SE Washington, DC 20020

    For Sale
    $574,900

    MULTI_FAMILY - Other - WASHINGTON, DC

    Property size:
    2,592 SF
    Lot size:
    0.12 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 8 at 12:06 am

    Property Features for 2303 S St SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking
    2
    Parking features
    Off Street
    Size
    2,592 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1956
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Coldwell Banker Residential Brokerage (410) 224-2200 [email protected]

    Listing agent Alvin D Rice (202) 387-6180 License #SP98363611

    Listing date Nov 5, 2025

    MLS# DCDC2230524 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Apartment Building in DC

    Located in the Randal Heights subdivision of Washington DC, this four-unit apartment building at 2303 S Street SE presents an opportunity for investors or first-time homebuyers. Each unit currently features one bedroom and one bathroom. The building, totaling 2,592 square feet, sits on a 5,437-square-foot lot and is zoned R-3. Off-street parking is available for more than two vehicles. Two of the units are move-in ready, featuring updated flooring, fresh paint, and stainless-steel appliances. The building is fully detached. The exterior is in need of some repairs. The building is vacant. According to the listing, the property offers the potential for easy conversion to two-bedroom units without expanding the building's footprint. The potential fair market rent per unit is $1,500 per month. Expenses are: Property Taxes $5,200; Maintenance Fees $6,000; Management Fees: $6,000; Property Insurance: $4,800; Reserves: $8,000; NOI: $42,000; Cap Rate: 7%.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.973
    Latitude
    38.86806

    Nearby Similar for Sale

    • New
      $1,425,000
      6,642 SF

      Historic Brookland Home with Rental

      Spacious home with rental potential in vibrant Brookland neighborhood.
      1234 Monroe St NE, Washington, DC 20017
      View Details
    • New
      $1,295,000
      2,324 SF

      Victorian Multifamily in Prime Location

      Investment opportunity near Dupont and Logan Circle with strong rental income.
      1510 R St NW, Washington, DC 20009
      View Details
    • $2,900,000
      2,832 SF

      Renovated Multi-Family in Washington, DC

      Newly renovated 11-bedroom property in the heart of Washington, DC.
      605 P St NW, Washington, DC 20001
      View Details
    • $2,200,000
      4,700 SF

      Trinidad Three-Unit Modern Masterpiece

      Modern three-unit property in Trinidad near H Street Corridor.
      1121 Morse St NE, Washington, DC 20002
      View Details
    • $1,100,000
      3,722 SF

      Multi-Family Building in Washington, DC

      Four-unit, fully-brick multi-family building in a growing neighborhood.
      413 Evarts St NE, Washington, DC 20017
      View Details
    • $1,699,000
      2,577 SF

      Reimagined Victorian Rowhome with Rental Unit

      Historic rowhome with rental unit near Shaw/Logan/Dupont corridor.
      925 French St NW, Washington, DC 20001
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in Randal Heights, Washington DC.
    Where is this quadplex located?
    The property is located at 2303 S St SE Washington, DC.
    What is the asking price?
    The asking price for this property is $574,900.
    What are key features of this property?
    This property features: - Four-unit apartment building in Randal Heights, Washington DC, offering immediate rental income potential.; - Vacant building allows for immediate occupancy and management control.; - Potential to easily convert units to 2-bedroom configurations without expanding the building footprint.
    (202) 387-6180
    Request Owner's contact information
    2303 S St SE Washington, DC 20020
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2303 S St SE
    Washington, DC 20020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2303 S St SE Washington, DC 20020
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.