2241 40TH NW Washington, DC 20007

Building Details

Year Built

1933

Listing agency Solutions Realty Group LLC r***@solutionsrg.com Show Phone

Listed by Ricardo S Bolanos · License #0225185191 Show Phone

Source Elliman

Added: Jun 16 Updated: Jul 10 at 1:58PM Checked: Jul 19 at 6:43AM

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Investment Insights

Based on property information with market context.

This fully updated fourplex features four spacious 1-bedroom residences, each with renovated kitchens, refreshed baths, hardwood floors, and efficient layouts designed to maximize usability. The property has also had upgraded systems and has been exceptionally maintained, supporting a low-maintenance ownership experience for an investor or owner-occupant. The building sits on a 5,274 sq ft corner lot, providing flexibility for future site planning subject to applicable approvals.

Located at 2241 40th NW in Washington, DC, the property benefits from a highly walkable setting, with a Walk Score of 95 and a Transit Score of 71. The Bike Score is listed at 76, indicating strong cycling connectivity. The public remarks also cite proximity to Wisconsin Ave, Stoddert Elementary, parks, retail, and transit.

This offering is well suited for buyers seeking stabilized rental income through a turnkey, maintained multifamily asset, with the added option to explore future expansion, reconfiguration, or redevelopment under favorable zoning characteristics (buyer to verify). Please note the sale is subject to a 1031 Tax Exchange.

Key Highlights

• Fully updated 4‑unit building built in 1933, offering four 1‑bedroom residences
• Renovated kitchens and refreshed baths across all units, with hardwood floors
• Upgraded systems and efficient layouts designed to maximize rentability

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FAQs

What type of property is this?

Quadplex - Fully updated fourplex with four renovated 1-bedroom units on a corner lot near transit and neighborhood amenities.

Where is this quadplex located?

The property is located at 2241 40TH NW Washington, DC.

What is the asking price?

The asking price for this property is $1,797,000.

What are key features of this property?

This property features: Fully updated 4‑unit building built in 1933, offering four 1‑bedroom residences; Renovated kitchens and refreshed baths across all units, with hardwood floors; Upgraded systems and efficient layouts designed to maximize rentability