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

    272 56Th St Washington, DC 20019

    For Sale
    $690,000

    Six-unit brick building, turnkey investment opportunity.

    Property size:
    4,032 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional turnkey investment opportunity presents a well-maintained, six-unit multifamily building situated in the desirable Deanwood neighborhood of Washington, D.C. The property boasts a total of 4,032 square feet on a 0.08-acre lot. The building is constructed of brick and features six one-bedroom, one-bathroom units. Two units have recently undergone complete renovations, including new kitchens, bathrooms, and washer/dryer hookups, and are currently vacant. The remaining four units are occupied by long-term tenants, generating consistent rental income reflective of current market rates. Each unit is equipped with individual gas and electric meters, ensuring efficient utility management. Heating and cooling are provided by individual gas furnaces and central air conditioning systems. Each unit also benefits from a dedicated 40 or 50-gallon gas water heater. The property offers significant potential for both new and experienced investors seeking a relatively low-maintenance, high-cash-flow investment. The vacant units are readily available for viewing by appointment, allowing prospective buyers to assess the property's condition firsthand. This property presents a unique opportunity to either live in one unit while renting the others or maximize rental income by leasing all six units. The asking price for this attractive investment is $690,000.

    Property Features for 272 56Th St

    General Information

    Property type
    Residential income properties
    Square Feet
    4,032 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -76.92139
    Latitude
    38.89301

    Nearby Similar for Sale

    • $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
    • New
      $549,900
      1,995 SF

      Congress Heights Triplex: Income Potential

      Three-unit multifamily building in Congress Heights, ideal for investors.
      507 Brandywine St SE, Washington, DC 20032
      View Details

    FAQs

    What type of property is this?
    Residential income property - Six-unit brick building, turnkey investment opportunity.
    Where is this residential income property located?
    The property is located at 272 56Th St Washington, DC.
    What is the asking price?
    The asking price for this property is $690,000.
    (703) 581-8605
    Request Owner's contact information
    272 56Th St Washington, DC 20019
    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.
    272 56Th St
    Washington, DC 20019
    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
    272 56Th St Washington, DC 20019
    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.