Renovated 14-Unit Apartment
For Sale
$1,620,000
808 CHESAPEAKE St SE, Washington, DC 20032
Renovated 14-unit building with central air, updated kitchens and baths, submetered utilities, and on-site parking for at least 10 cars.
Property SizeContact for details
Days on Market60
Property Features for 808 CHESAPEAKE St SE
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Cap Rate
12.5%
Multifamily Units
14
Taxes and HOA fees
Annual Taxes
$12,780
Building Details
Year Built
1963
Units
14
Listing Agency:
Keller Williams Capital Properties
(703) 297-2730
Listed By:
Stefan Rosu · License #SP98377007
(703) 297-2730
Source:
Elliman
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 8 at 1:21PM
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.
Renovated 14-unit apartment building offered with four vacancies. The unit mix is mostly 2- and 3-bedroom layouts, averaging 857 square feet. Improvements include central air, renovated kitchens, renovated baths, and updated flooring in most units. Utilities are submetered for electric and gas. On-site parking is available for at least 10 cars, and it may be possible to combine units to create an additional 15th apartment in the basement.
The property is located less than a mile from Eastover Shopping Center, anchored by a Giant. Public remarks also reference transformative development east of the Anacostia River, including Skyland Town Center and St. Elizabeth’s. Walk and transit characteristics are supported by the provided scores (walkScore 58, transitScore 57).
This is positioned as a renovation/operations-focused acquisition with in-place updates and unit turnover opportunities within the existing structure.
The property is located less than a mile from Eastover Shopping Center, anchored by a Giant. Public remarks also reference transformative development east of the Anacostia River, including Skyland Town Center and St. Elizabeth’s. Walk and transit characteristics are supported by the provided scores (walkScore 58, transitScore 57).
This is positioned as a renovation/operations-focused acquisition with in-place updates and unit turnover opportunities within the existing structure.
Key Highlights
- Renovated 14‑unit apartment building built in 1963
- Unit mix is mostly 2 and 3 bedrooms; average unit size is 857 SF
- Central air plus renovated kitchens, baths, and flooring in most units
Property Analytics
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 14-unit building with central air, updated kitchens and baths, submetered utilities, and on-site parking for at least 10 cars.
Where is this apartment building located?
The property is located at 808 CHESAPEAKE St SE Washington, DC.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Renovated 14‑unit apartment building built in 1963; Unit mix is mostly 2 and 3 bedrooms; average unit size is 857 SF; Central air plus renovated kitchens, baths, and flooring in most units
