1419 MINNESOTA Avenue SE Washington, DC 20020
MULTI_FAMILY - Other - WASHINGTON, DC
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
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1939
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
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
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.
Investment Insights
Based on property information with market context.
Set on a 0.109-acre lot, the property is adjacent to park space and benefits from the standalone, detached structure. The approved and permitted plans support an 8+ bedroom, approximately 2,000-square-foot high-occupancy layout within the portion of the property covered by the approved plans.
This property can fit an investor seeking a vacant three-unit platform with permitted plans ready to pursue, or an owner-occupant who wants to live in one unit while generating income from the others. Because use, density, and development potential are subject to zoning, permitting, and approvals, buyers should independently verify all material information, including the scope and applicability of the approved plans and permits.
Key Highlights
- All‑brick detached 3‑unit multifamily with 3,500+ SF across three levels
- Delivered fully vacant with approved plans and permits in hand
- Two upper‑level 1‑bedroom units, each separately metered for gas and electric; each has kitchen, living area, and full bath
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 |
