Three-Unit Multifamily Asset in
1419 MINNESOTA Avenue SE, Washington, DC 20020
New
MULTI_FAMILY - WASHINGTON, DC
Property size:
3,564 SFLot size:
0.11 AcresPrice / SF:
$224/SF- Added:
- May 27, 2026
- Days on Market:
- 5
- Last Refresh:
- May 31 at 9:06 pm
Property Features for 1419 MINNESOTA Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 1
- Parking features
- Garage - Detached
- Standard status
- Active
- Size
- 3,564 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5904
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1939
- Number of units
- 2
- Building materials
- Brick
Listing agent Andrew N Nelson License #SP98375360 (301) 580-8101
Listing office Compass 5471 WISCONSIN Avenue unit: 300, WASHINGTON, DC (301) 298-1001
Listing date May 27, 2026
MLS# DCDC2263120
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully vacant 3‑unit detached brick building with approved plans and permits in hand for immediate repositioning, leasing, or occupancy.
- Approved plans support an 8+ bedroom, approximately 2,000 sq ft high‑occupancy layout, ideal for co‑living, group home, or short‑term rental use.
- Two upper‑level one‑bedroom units are separately metered for gas and electric, simplifying expense allocation.
- Opportunity for owner‑occupancy with supplemental income from the other units.
- Detached brick garage provides additional storage, parking, or operational flexibility.
- Potential for future expansion, vertical addition, or supplemental construction due to the detached nature and site placement (subject to approvals).
Overview
This is a three-unit, all-brick detached multifamily asset offering over 3,500 square feet across three levels. Delivered fully vacant with approved plans and permits in hand, it presents an opportunity to reposition, lease, or occupy the property without existing leases or tenant obligations. The current configuration includes two upper-level one-bedroom units, each separately metered for gas and electric and featuring a dedicated kitchen, living area, and full bath. The third unit spans the main and lower levels with independent front and rear access. Approved and permitted plans support an 8+ bedroom, approximately 2,000 square foot high-occupancy layout within this portion of the property. A detached brick garage provides additional storage, parking, or operational flexibility. The approved 8+ bedroom configuration presents operational flexibility for co-living, group home, assisted living, workforce housing, or short-term rental use. The property offers an opportunity for an owner-occupant to reside in one unit while generating supplemental income from the remaining units. Adjacent to park space, the detached nature of the structure and placement of the existing improvements on the site may create future flexibility for expansion, vertical addition, or supplemental construction opportunities, subject to zoning, permitting, and all applicable approvals. The lot size is 0.109 acres.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.2k | $27.00 |
| − Vacancy | −$6.3k | −$1.76 |
| EGI | $90.0k | $25.25 |
| − OpEx | −$27.0k | −$7.57 |
| NOI | $63.0k | $17.67 |
3,564 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$899.7K
$787.3K – $1.05M
NOI $62,981 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$803.8K
$703.3K – $937.7K
NOI $56,263 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,807 @ 7.0% cap · market cap 16.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.98352
- Latitude
- 38.86686
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit multifamily property with approved plans and permits.
Where is this triplex located?
The property is located at 1419 MINNESOTA Avenue SE Washington, DC.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Fully vacant 3‑unit detached brick building with approved plans and permits in hand for immediate repositioning, leasing, or occupancy.; Approved plans support an **8+ bedroom, approximately 2,000 sq ft high‑occupancy layout**, ideal for co‑living, group home, or short‑term rental use.; Two upper‑level one‑bedroom units are separately metered for gas and electric, simplifying expense allocation.
