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Vacant Turnkey Four-Unit Building
For Sale
$550,000
Pending

1608 17TH SE, Washington, DC 20020

Four updated vacant units ready for immediate occupancy.

Days on Market98

Property Features for 1608 17TH SE

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1938
Listing Agency: Keller Williams Capital Prop.
Listed By: Abel M Gebremichael · License #SP98377913
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 23 at 5:01AM

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 Prop.

Investment Insights

Based on property information with market context.

This four-unit building offers four large, two-bedroom units that are 100% vacant and freshly updated. The property is presented as a turnkey asset, ready for immediate occupancy. The building allows for new owner to screen tenants and set lease terms. The units feature updated kitchens and modern flooring. The property is located in a walkable area with a walk score of 78, indicating it is very walkable. Public transportation is readily accessible, as indicated by a transit score of 69, suggesting good transit options. The bike score is 49, indicating the area is somewhat bikeable.

Key Highlights

  • 100% Vacant 4‑Unit Building: Allows immediate tenant placement at current market rates.
  • Freshly Updated: Requires no upfront capital, ready for immediate occupancy and rental income.
  • Large 2‑Bedroom Units: Offers desirable living spaces appealing to a broad tenant base.

Property Analytics

Current Use

Amanda Gorman Mural Tour Operator Au Lait Cafe & Coffee Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Butcher Tanning Salon Adult Day Care Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 20020, DC

51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four updated vacant units ready for immediate occupancy.
Where is this quadplex located?
The property is located at 1608 17TH SE Washington, DC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 100% Vacant 4‑Unit Building: Allows immediate tenant placement at current market rates.; Freshly Updated: Requires no upfront capital, ready for immediate occupancy and rental income.; Large 2‑Bedroom Units: Offers desirable living spaces appealing to a broad tenant base.
More about this property
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