Capitol Hill Mixed-Use Airbnb Property

1414-1416 PENNSYLVANIA Avenue SE, Washington, DC 20003

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For Sale

$1,599,900

MULTI_FAMILY - Victorian, Contemporary - WASHINGTON, DC

Property size:

2,726 SF

Lot size:

0.04 Acres

Price / SF:

$586/SF

Listing Contact

Anousha Nikjouian

Real Estate License ID: BR200200996

HighLights

3‑unit Airbnb mixed‑use property at 1414‑1416 Pennsylvania Ave SE, Washington, DC 20003 (appraised at $1.9M)
Two 2BR/2BA units at 1414 Pennsylvania Ave SE plus one 2BR/2BA unit at 1416 Pennsylvania Ave SE
Delivered vacant (no TOPA/Tenant Opportunity to Purchase Act implications stated), for immediate ownership, occupancy, or repositioning
Zoned MU‑4 (Mixed‑Use – Moderate Density Residential & Commercial Use), allowing mixed‑use by‑right: residential, retail, or office
~2,800 SF brick building built in 1900 with off‑street parking
Central heating and central air plus ductless cooling

Learn more

For Sale

$1,599,900

MULTI_FAMILY - Victorian, Contemporary - WASHINGTON, DC

Property size:

2,726 SF

Lot size:

0.04 Acres

Price / SF:

$586/SF

Added:: Mar 20, 2026
Days on Market:: 84
Last Refresh:: Jun 11 at 2:06 am

Property Features for 1414-1416 PENNSYLVANIA Avenue SE

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: Off Street
Standard status: Active
Size: 2,726 SF
Lot size: 0.04 Acres

Taxes and HOA fees

Tax Annual Amount: 17432

Utilities

Heating system: Central
Cooling system: Ductless, Central Air

Building Details

Year built: 1900
Number of units: 3
Building materials: Brick
Architectural style: Victorian, Contemporary

We can help!

Listing Contact

Anousha Nikjouian

Listing agent Anousha Nikjouian License #BR200200996

Listing office Compass 5471 WISCONSIN Avenue unit: 300, WASHINGTON, DC

Listing date Mar 20, 2026

MLS# DCDC2251782 Listing URL

HighLights

3‑unit Airbnb mixed‑use property at 1414‑1416 Pennsylvania Ave SE, Washington, DC 20003 (appraised at $1.9M)
Two 2BR/2BA units at 1414 Pennsylvania Ave SE plus one 2BR/2BA unit at 1416 Pennsylvania Ave SE
Delivered vacant (no TOPA/Tenant Opportunity to Purchase Act implications stated), for immediate ownership, occupancy, or repositioning
Zoned MU‑4 (Mixed‑Use – Moderate Density Residential & Commercial Use), allowing mixed‑use by‑right: residential, retail, or office
~2,800 SF brick building built in 1900 with off‑street parking
Central heating and central air plus ductless cooling

Overview

Located in Capitol Hill, Washington, DC, this mixed-use property features three fully renovated units. The building, with approximately 2,800 square feet of space, is zoned MU-4, allowing for moderate-density residential and commercial use. The property consists of two 2-bedroom, 2-bathroom units at 1414 Pennsylvania Ave SE and one 2-bedroom, 2-bathroom unit at 1416 Pennsylvania Ave SE. The units have been professionally furnished and previously operated as highly-rated short-term rentals. Delivered vacant, the property has no Tenant Opportunity to Purchase Act (TOPA) implications. The MU-4 zoning provides the potential to add a rooftop level and penthouse or convert 1416 into a commercial storefront or office. The existing Airbnb listings have 5.0-star ratings and can be transferred to the new owner. The property is located within walking distance of Eastern Market, Potomac Ave Metro, The Roost, and Barracks Row. The interiors, kitchens, HVAC, electrical, and mechanical systems have been fully updated behind a classic DC brick facade. The lot size is 0.036 acres. This property is suitable for short-term rental investors, developers seeking MU-4 density upside, 1031 exchange buyers, owner-occupants interested in house hacking, and buyers seeking a flexible income asset.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$137.4k	$50.40
− Vacancy	−$22.0k	−$8.06
EGI	$115.4k	$42.34
− OpEx	−$28.9k	−$10.58
NOI	$86.6k	$31.75

2,726 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.24M

$1.08M – $1.44M (±1% cap)

NOI $86,556 @ 7.0% cap · market cap 5.41%

Second Best

Apartment 5plus

$647.1K

$566.2K – $754.9K (±1% cap)

NOI $45,294 @ 7.0% cap · market cap 2.83%

Theoretical Best

Office A

$1.40M

$1.23M – $1.64M (±1% cap)

NOI $98,152 @ 7.0% cap · market cap 6.13%

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

Location Intelligence

Current Use by Public Records

Short term rental ...

Map

City: Washington
County: District of Columbia
State: District of Columbia
Longitude: -76.98453
Latitude: 38.88024

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For sale
Short term rental properties
DC
Washington
20003
1414-1416 PENNSYLVANIA Avenue SE

What type of property is this?

Short term rental property - Three renovated units in prime Capitol Hill location, delivered vacant.

Where is this short term rental property located?

The property is located at 1414-1416 PENNSYLVANIA Avenue SE Washington, DC.

What is the asking price?

The asking price for this property is $1,599,900.

What are key features of this property?

This property features: 3‑unit Airbnb mixed‑use property at 1414‑1416 Pennsylvania Ave SE, Washington, DC 20003 (appraised at $1.9M); Two 2BR/2BA units at 1414 Pennsylvania Ave SE plus one 2BR/2BA unit at 1416 Pennsylvania Ave SE; Delivered vacant (no TOPA/Tenant Opportunity to Purchase Act implications stated), for immediate ownership, occupancy, or repositioning

1414-1416 PENNSYLVANIA Avenue SE, Washington, DC 20003

MULTI_FAMILY - Victorian, Contemporary - WASHINGTON, DC

Property Features for 1414-1416 PENNSYLVANIA Avenue SE

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Map

Nearby Similar for Sale

Turnkey Mixed-Use Redevelopment Opportunity

Mixed-Use Building with Retail

Turnkey Restaurant/Bar Opportunity on Georgia Avenue

Prime Retail Opportunity in Washington

Four-Story Retail Building with Rooftop

Value-Add Multifamily Building Opportunity

Office Condominium with Parking

Renovated Multifamily Building in Washington, DC

Multifamily Property with Independent Entrances

Columbia Heights Mixed-Use Investment

Four-Unit Multifamily in Brookland

Turnkey Updated Fourplex with 1-Bed Units

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