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    1646 Montello Ave Ave NE Washington, DC 20002

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    For Sale
    $499,000

    Three-unit property in Trinidad, DC, with value-add potential.

    Lot size:
    0.03 Acres

    Property Features for 1646 Montello Ave Ave NE

    General Information

    Lot size
    0.03 Acres
    Interior features
    Interior Feature 1, : "Window Unit(s)", "Interior Feature 2": "Radiator"

    Building Details

    Year built
    1948

    Source: Keller Williams Washington Capitol Hill Keller Williams Washington Capitol Hill Keller Williams Washington Capitol Hill Agent Abel GebremichaelAbel GebremichaelAbel Gebremichael

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Trinidad Multifamily Value-Add Opportunity

    Located in the Trinidad neighborhood of Washington, DC, this brick three-unit multifamily property presents a value-add opportunity. Each unit features one bedroom and one bathroom. The property is currently rented below market value, offering potential for increased income through renovation or repositioning. The property is suitable for investors or owner-occupants. The location is near Union Market, H Street Corridor, Gallaudet University, and the RFK Stadium Redevelopment Project. The property is sold AS-IS.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.9861
    Latitude
    38.9057

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in Trinidad, DC, with value-add potential.
    Where is this triplex located?
    The property is located at 1646 Montello Ave Ave NE Washington, DC.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Value-add opportunity through renovation or repositioning of units currently rented below market.; - Located in Trinidad, a rapidly evolving investment corridor in DC.; - 3-unit multifamily property, ideal for investors or owner-occupants.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1646 Montello Ave Ave NE Washington, DC 20002
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