1609 17th Pl SE Washington, DC 20020

Listing agency Keller Williams Capital Properties a***@coalitionpg.com Show Phone

Listed by Abel Gebremichael · License #SP98377913

Source Crexi

Added: Apr 12 Updated: Jul 21 at 1:48PM Checked: Jul 22 at 3:22PM

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Investment Insights

Based on property information with market context.

This REO quadplex consists of multiple residential units and is reported as vacant and shovel-ready. The property is described as being zoned RA-2 and located within an Opportunity Zone. Remarks also indicate that the RA-2 zoning may support redevelopment options such as adding floors and increasing unit counts, with the pro forma in the remarks projecting $158,400 in gross annual effective rents as a 6 two-bedroom unit configuration.

The offering is presented as an investor-focused opportunity in the Anacostia submarket, with the remarks referencing a broader portfolio context for four multiunit buildings.

Additional redevelopment specifics, exact unit mix, and current condition details are not provided beyond the vacant and shovel-ready status noted in the listing remarks.

Key Highlights

• REO quadplex in an Opportunity Zone, vacant and shovel‑ready
• Zoned RA‑2, with potential to go multiple floors and increase unit counts (6–8 units per building, as noted in remarks)
• Pro forma gross annual effective rents listed at $158,400 (6 two‑bed units, as noted)

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FAQs

What type of property is this?

Quadplex - REO quadplex in an Opportunity Zone, vacant and shovel-ready, zoned RA-2 with redevelopment potential noted in remarks.

Where is this quadplex located?

The property is located at 1609 17th Pl SE Washington, DC.

What are key features of this property?

This property features: REO quadplex in an Opportunity Zone, vacant and shovel‑ready; Zoned RA‑2, with potential to go multiple floors and increase unit counts (6–8 units per building, as noted in remarks); Pro forma gross annual effective rents listed at $158,400 (6 two‑bed units, as noted)