5401 Connecticut Ave NW Washington, DC 20015

Building Details

Year Built

1976

Listing agency Greysteel

Listed by Kyle Tangney · License #VA 0225081719

Source Crexi

Added: Apr 29, 2025 Updated: Jul 21 at 7:43AM Checked: Jul 21 at 7:43AM

Report an Issue

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 Greysteel

---

Investment Insights

Based on property information with market context.

This apartment building is configured as 21 fully deeded units, positioned as a cash-flowing “condo asset.” The property is described as RAD-exempt for all units, supporting full market-rate rent resets. Units are reported to feature central HVAC, parquet floors, balconies, and dishwashers, along with 150–200 amp electrical service, with additional mention of strong in-place rents and projected market rent increases.

Located at 5401 Connecticut Ave NW in Washington, DC (Chevy Chase), the property is presented as being steps from Metro, parks, and street retail, with a Walk Score of 87. The offering also highlights off-street parking as a differentiator, with 15 parking spaces that generated $13k+ last year.

From an operations standpoint, the combination of deeded unit structure, centrally conditioned interiors, and on-site parking can be attractive for buyers seeking a well-specified residential income asset with flexibility described around rent resets.

Key Highlights

• 21 fully deeded rental units (RAD‑exempt) with strong in‑place rents averaging $2,253/month and pro forma market rents of ~$2,967/month
• Year built: 1976
• Central HVAC in units

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,950,000

  3,000 SF

  Turnkey Mixed-Use Redevelopment Opportunity

  Freestanding commercial building with thriving business in growing DC corridor.

  1201 MOUNT OLIVET Road NE, WASHINGTON, DC 20002

  View Details
• 

  $2,300,000

  1,761 SF

  Prime Retail Opportunity in Washington

  Commercial property in active retail corridor, ideal for owner-user.

  1434 WISCONSIN Avenue NW, WASHINGTON, DC 20007

  View Details
• 

  $2,050,000

  6,760 SF

  Industrial Auto Repair Building with Two Doors

  Vacant-deliverable industrial auto repair building with ample office space and two drive-in doors for owner-users or tenants.

  3001 EARL NE, Washington, DC 20018

  View Details
• 

  $1,580,000

  3,500 SF

  Columbia Heights Mixed-Use Investment

  Mixed-use property with retail and residential units in DC.

  1500 OGDEN Street NW, WASHINGTON, DC 20010

  View Details
• 

  $999,000

  2,416 SF

  Two-Story Office Building with Flexibility

  Two-story commercial building on a small lot with MU-4 zoning allowing multiple use types.

  1512 Good Hope Rd Se, WASHINGTON, DC 20020

  View Details
• 

  $1,650,000

  3,139 SF

  Corner Convenience Store Building

  Former 7-Eleven on a large corner lot offers flexible zoning and ample parking for continued retail use.

  2850 Bladensburg Road NE, Washington, DC 20018

  View Details
• 

  $750,000

  1,395 SF

  Renovated Single-Unit Retail Storefront

  Renovated single-tenant retail storefront in Washington, DC with NC-8 zoning.

  3622 Georgia Ave NW, Washington, DC 20010

  View Details
• 

  $600,000

  1,414 SF

  Three-Tenant Strip Center with Liquor Store

  Three-unit strip center includes an operating liquor store and two vacant units requiring renovation prior to occupancy.

  62196221 DIX STREET NE Unit A, WASHINGTON, DC 20019

  View Details
• 

  $949,900

  2,200 SF

  Three-Unit Office Building

  Three-unit office building with two upper floors available and a leased lower level.

  1235 Pennsylvania Ave SE, Washington, DC 20003

  View Details
• 

  $899,000

  1,985 SF

  Office Condo Suite

  Well-sized office condo suite available for sale or lease in Washington, DC for professional occupancy.

  522 21st St NW, Suite 101, Washington, DC 20006

  View Details
• 

  $1,950,000

  3,000 SF

  Turnkey Market with Redevelopment Potential

  Freestanding commercial building with thriving business and redevelopment potential.

  1201 Mount Olivet Rd Ne, WASHINGTON, DC 20002

  View Details
• 

  $2,300,000

  1,761 SF

  Prime Retail Space in Washington

  Prominently positioned commercial property in a high-traffic retail corridor.

  1434 Wisconsin Ave Nw, WASHINGTON, DC 20007

  View Details

FAQs

What type of property is this?

Apartment building - 21 deeded rental units with RAD-exempt status, central HVAC, balconies, and off-street parking for 15.

Where is this apartment building located?

The property is located at 5401 Connecticut Ave NW Washington, DC.

What are key features of this property?

This property features: 21 fully deeded rental units (RAD‑exempt) with strong in‑place rents averaging $2,253/month and pro forma market rents of ~$2,967/month; Year built: 1976; Central HVAC in units