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    2609 29Th St SE Washington, DC 20020

    New
    For Sale
    $430,000

    MULTI_FAMILY - Other - WASHINGTON, DC

    Property size:
    2,520 SF
    Lot size:
    0.08 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 2609 29Th St SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    2,520 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1943
    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 12, 2025

    MLS# DCDC2233284 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 Multifamily Building in Washington

    This four-unit brick multifamily building in Washington, D.C., presents a value-add opportunity for investors. The property features four identical 1-bedroom, 1-bathroom units, offering a manageable unit mix for the rental market. Priced for an immediate equity gain, this asset allows for maximum profit margin. The 2025 Assessed Value is $590,590. A full capital expenditure plan is required, involving targeted renovations to the unit interiors and updating building systems, which will increase rent rolls and maximize Net Operating Income. The property is sold strictly as-is, with the pricing reflecting the required scope of work. The building is situated on a lot of 0.08 acres and has a property size of 2520 square feet. This offering is ideal for cash, FHA 203K, or commercial financing buyers. The property is located at 2609 29TH Street SE, WASHINGTON, DC 20020.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.96545
    Latitude
    38.85858

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    FAQs

    What type of property is this?
    Quadplex - Value-add four-unit building priced for immediate equity gain.
    Where is this quadplex located?
    The property is located at 2609 29Th St SE Washington, DC.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - Priced below 2025 assessed value ($590,590) for immediate equity gain.; - Value-add opportunity through renovations to increase rent rolls and NOI.; - Four identical 1-Bedroom/1-Bathroom units provide an easily managed rental mix.
    (202) 243-7700
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    2609 29Th St SE Washington, DC 20020
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    Washington, DC 20020
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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
    2609 29Th St SE Washington, DC 20020
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