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    3030 Sherman Ave NW Washington, DC 20001

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    For Sale
    $649,999

    Multifamily property near Howard University, ideal for investors.

    Lot size:
    0.03 Acres

    Property Features for 3030 Sherman Ave NW

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1925

    Source: Realty Concepts Group LLC Agent Miguel A Gotay

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Near Howard University

    This multifamily property presents an opportunity for investors, with potential for future development into a two-unit condominium and the addition of an extra level. Alternatively, it can serve as a rental property, particularly appealing to students due to its proximity to Howard University. The property features 7 beds, 2 full baths, and 1 half bath. A driveway is accessible via the alley. Its location offers convenient access to schools, universities, hospitals, and the U Street area, with a variety of restaurant options available.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0264815
    Latitude
    38.928652

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    FAQs

    What type of property is this?
    Duplex - Multifamily property near Howard University, ideal for investors.
    Where is this duplex located?
    The property is located at 3030 Sherman Ave NW Washington, DC.
    What is the asking price?
    The asking price for this property is $649,999.
    What are key features of this property?
    This property features: - Development Potential: Build a 2-unit condo and add an extra level.; - Rental Income Potential: Great for student rentals near Howard University.; - High Bedroom Count: Features 7 bedrooms.
    (703) 998-0070
    Request Owner's contact information
    3030 Sherman Ave NW Washington, DC 20001
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    Washington, DC 20001
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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
    3030 Sherman Ave NW Washington, DC 20001
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