Multifamily Development Parcel
For Sale
$11,600,000
1738 Benning Rd NE, Washington, DC 20002
Parcel includes sixteen three-unit buildings and one garage, offering a strong platform for long-term residential income strategies.
Property Size1,776 SF
Price / SF$6,531
Days on Market96
Property Features for 1738 Benning Rd NE
General Information
Standard status
Active
Size
1,776 SF
Zoning
MU-5
Additional Details
Multifamily Units
48
Taxes and HOA fees
Annual Taxes
$4,854
Amenities
Hot Water, Natural Gas
Building Details
Building Size
1,776 SF
Year Built
1941
Tenancy
Multi
Listing Agency:
Power 1 Realty and Design Group
(202) 556-5823
Listed By:
Kathy Henderson · License #BR666695
(202) 556-5823
Source:
Evrealestate
Added: May 28
Changed: Aug 26
Last Checked: Aug 30 at 1:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Power 1 Realty and Design Group
Investment Insights
Based on property information with market context.
A rare investment parcel offering seventeen separate builds: sixteen three-unit residential structures and one garage. The buildings have been family-owned for decades, presenting an opportunity for investors and operators to evaluate current performance and implement an ownership plan tailored to their goals.
The property is located in Washington, DC with convenient transit and neighborhood access described in the materials. A streetcar runs in front of the properties, and the site is described as walkable to the H Street corridor, Kingman Island, the U.S. National Arboretum, and the revitalization of RFK Stadium.
This configuration is well suited for buyers seeking a small multifamily portfolio they can manage as a group, including those planning renovation, repositioning, or longer-hold strategies. With multiple income-producing three-unit buildings within a single parcel, the asset can appeal to investors looking for scale while still having discrete buildings to underwrite and improve individually.
The property is located in Washington, DC with convenient transit and neighborhood access described in the materials. A streetcar runs in front of the properties, and the site is described as walkable to the H Street corridor, Kingman Island, the U.S. National Arboretum, and the revitalization of RFK Stadium.
This configuration is well suited for buyers seeking a small multifamily portfolio they can manage as a group, including those planning renovation, repositioning, or longer-hold strategies. With multiple income-producing three-unit buildings within a single parcel, the asset can appeal to investors looking for scale while still having discrete buildings to underwrite and improve individually.
Key Highlights
- Parcel includes sixteen 3‑unit buildings plus 1 garage
- Year built listed as 1941
- Streetcar passes in front of the properties
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Parcel includes sixteen three-unit buildings and one garage, offering a strong platform for long-term residential income strategies.
Where is this triplex located?
The property is located at 1738 Benning Rd NE Washington, DC.
What is the asking price?
The asking price for this property is $11,600,000.
What are key features of this property?
This property features: Parcel includes sixteen 3‑unit buildings plus 1 garage; Year built listed as 1941; Streetcar passes in front of the properties
