1608 17TH Place SE, Washington, DC 20020
MULTI_FAMILY - WASHINGTON, DC
- Added:
- Apr 17, 2026
- Days on Market:
- 84
- Last Refresh:
- Jul 9 at 12:06 am
Property Features for 1608 17TH Place SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active Under Contract
- Size
- 2,720 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4830
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1938
- Number of units
- 4
- Building materials
- Brick
Listing agent Abel M Gebremichael License #SP98377913 (202) 601-0160
Listing office Keller Williams Capital Properties 519 C Street, WASHINGTON, DC (202) 243-7700
Listing date Apr 17, 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.
HighLights
- 100% Vacant 4‑unit building: Immediate occupancy and income potential.
- Freshly updated units: Ready for immediate occupancy.
- Large 2‑bedroom units: Offers comfortable living spaces.
- Opportunity to set market‑rate rents: Maximize rental income.
- Ideal for house‑hacking: Live in one unit and offset mortgage costs.
- Brick construction: Durable building.
Overview
The address is located in Washington, DC 20020 at 1608 17th Place SE. Interior pictures are noted as coming soon, but the offering highlights that the units have been refreshed throughout and are ready for immediate next steps.
For buyers and operators, the practical advantage here is simple: no unit-turn dependencies, since all four units are vacant. That can reduce the administrative friction that often comes with mixed occupancy, and it allows a new owner to plan leasing or move-in activity across the full building from the start. This is a small-scale multi-family asset designed for anyone seeking a fully available portfolio of units within a single property.
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 | $73.4k | $27.00 |
| − Vacancy | −$4.8k | −$1.76 |
| EGI | $68.7k | $25.25 |
| − OpEx | −$20.6k | −$7.57 |
| NOI | $48.1k | $17.67 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.97964
- Latitude
- 38.87032