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    2513-2515 22Nd St NE Washington, DC 20018

    New
    For Sale
    $950,000

    MULTI_FAMILY - Other - WASHINGTON, DC

    Property size:
    5,560 SF
    Lot size:
    0.17 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 2513-2515 22Nd St NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    5,560 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1941
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Capital Prop. (202) 243-7700 [email protected]

    Listing agent Abel M Gebremichael (202) 243-7700 License #SP98377913

    Listing date Dec 5, 2025

    MLS# DCDC2232606 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

    Value-Add Multifamily Investment Opportunity

    This is a 6-unit, two-building multifamily portfolio in Washington, D.C., situated on a lot of 0.17 acres. The property, with a total size of 5560 square feet, presents a value-add opportunity. While the property requires significant capital expenditure, it is priced to reflect a high-yield repositioning opportunity. Currently, five out of six units are occupied, generating a stable rental income. One vacant unit offers the opportunity to immediately renovate. There is a clear pathway to substantial rent increases through comprehensive cosmetic and system upgrades throughout the portfolio. The property is being sold AS-IS. The property is located at 2513-2515 22ND Street NE.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.97394
    Latitude
    38.92279

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily package in Washington, D.C. with value-add potential.
    Where is this apartment building located?
    The property is located at 2513-2515 22Nd St NE Washington, DC.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - High-yield repositioning opportunity due to below-market pricing.; - Five out of six units are currently occupied, providing immediate rental income.; - Opportunity to immediately renovate the vacant unit.
    (202) 243-7700
    Request Owner's contact information
    2513-2515 22Nd St NE Washington, DC 20018
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    Washington, DC 20018
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    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
    2513-2515 22Nd St NE Washington, DC 20018
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