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RA-2 Zoned Quadplex Opportunity
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1609 17th Pl SE, Washington, DC 20020

REO quadplex in an Opportunity Zone, vacant and shovel-ready, zoned RA-2 with redevelopment potential noted in remarks.

Property SizeContact for details
Days on Market139

Property Features for 1609 17th Pl SE

General Information

Standard status Active
Property subtype Multifamily
Zoning RA-2

Additional Details

Opportunity Zone Yes
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Keller Williams Capital Properties
Listed By: Abel Gebremichael · License #SP98377913
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 2:59PM

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 Keller Williams Capital Properties

Investment Insights

Based on property information with market context.

This REO quadplex consists of multiple residential units and is reported as vacant and shovel-ready. The property is described as being zoned RA-2 and located within an Opportunity Zone. Remarks also indicate that the RA-2 zoning may support redevelopment options such as adding floors and increasing unit counts, with the pro forma in the remarks projecting $158,400 in gross annual effective rents as a 6 two-bedroom unit configuration.

The offering is presented as an investor-focused opportunity in the Anacostia submarket, with the remarks referencing a broader portfolio context for four multiunit buildings.

Additional redevelopment specifics, exact unit mix, and current condition details are not provided beyond the vacant and shovel-ready status noted in the listing remarks.

Key Highlights

  • REO quadplex in an Opportunity Zone, vacant and shovel‑ready
  • Zoned RA‑2, with potential to go multiple floors and increase unit counts (6–8 units per building, as noted in remarks)
  • Pro forma gross annual effective rents listed at $158,400 (6 two‑bed units, as noted)

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Nail Salon Real Estate Agency Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 20020, DC

51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - REO quadplex in an Opportunity Zone, vacant and shovel-ready, zoned RA-2 with redevelopment potential noted in remarks.
Where is this quadplex located?
The property is located at 1609 17th Pl SE Washington, DC.
What are key features of this property?
This property features: REO quadplex in an Opportunity Zone, vacant and shovel‑ready; Zoned RA‑2, with potential to go multiple floors and increase unit counts (6–8 units per building, as noted in remarks); Pro forma gross annual effective rents listed at $158,400 (6 two‑bed units, as noted)
(202) 601-0160 Call to check price and availability
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