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For sale
Duplexes
DC
Washington
20019
3536 Minnesota Avenue Southeast

Duplex with Finished Lower Level

3536 Minnesota Avenue Southeast Washington, DC 20019

3536 Minnesota Avenue Southeast, Washington, DC, 20019

$575,000

For Sale

$575,000

Income-producing duplex near RFK Stadium with potential for additional unit.

Property Size2,375 SF

Price / SF$242.11

AddedOct 6, 2024

Days on Market649

Last RefreshJul 15 at 11:44 am

Property Features for 3536 Minnesota Avenue Southeast

General Information

Standard status: Active
Size: 2,375 SF
Property subtype: Multi-Family / Fee Simple

Building Details

Year Built: 1949

Listing office Samson Properties

Listing date Oct 6, 2024

Source Compass

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 Samson Properties

Investment Insights

Based on property information with market context.

This three-story property is recorded as a two-unit residential building (duplex) with a finished lower level, currently utilized as a Sanctuary, which may be converted to an additional residential unit subject to buyer verification of zoning, use, and permitting. The property is located minutes from the RFK Stadium Redevelopment and in close proximity to grocery stores, parks, recreation centers, Metro bus, and train lines. Property highlights include a new roof and shed installed in 2024, solar panels installed in 2024 for energy efficiency and long-term savings, a new heat pump and sewer pipe replacement in 2022, secure rear entrances, and off-street parking for at least 4 vehicles. Originally a well-maintained doctor’s building, the property offers flexible living and investment options for investors, house-hackers, or buyers seeking sweat equity. The property is being sold As-Is, providing buyers the opportunity to customize, reposition, or further improve to maximize returns. Buyers are encouraged to verify unit configuration and intended use. The property is located within city limits and has a size of 2375 square feet. Transportation options include a bus stop less than 1 mile away and a Metro/Subway Station 1 to 3 miles away. The property is located in Washington, DC, and is served by the DISTRICT OF COLUMBIA PUBLIC SCHOOLS school district. Schools include KIMBALL (WASHINGTON DC) Elementary School, SOUSA (WASHINGTON DC) Middle Or Junior School, and EASTERN SENIOR (WASHINGTON DC) High School.

Key Highlights

Exceptional income‑producing duplex in a rapidly improving Southeast DC corridor.
Value‑add opportunity with potential to convert finished lower level into an additional residential unit (subject to verification).
New roof and shed installed in 2024, along with solar panels for energy efficiency and savings.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$69.8k	$29.40
− Vacancy	−$4.3k	−$1.82
EGI	$65.5k	$27.58
− OpEx	−$19.6k	−$8.27
NOI	$45.8k	$19.30

2,375 SF · lease $29.40/SF/yr · vacancy 6.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$655.0K

$573.1K – $764.1K (±1% cap)

NOI $45,847 @ 7.0% cap · market cap 7.97%

Second Best

Apartment 5plus

$585.2K

$512.0K – $682.7K (±1% cap)

NOI $40,962 @ 7.0% cap · market cap 7.12%

Theoretical Best

Office A

$1.28M

$1.12M – $1.49M (±1% cap)

NOI $89,340 @ 7.0% cap · market cap 15.54%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
DC
Washington
20019
3536 Minnesota Avenue Southeast

What type of property is this?

Duplex - Income-producing duplex near RFK Stadium with potential for additional unit.

Where is this duplex located?

The property is located at 3536 Minnesota Avenue Southeast Washington, DC.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Exceptional income‑producing duplex in a rapidly improving Southeast DC corridor.; Value‑add opportunity with potential to convert finished lower level into an additional residential unit (subject to verification).; New roof and shed installed in 2024, along with solar panels for energy efficiency and savings.