Turnkey Multifamily Building in Washington,
For Sale
$1,650,000
1674 Irving St Nw, Washington, DC 20010
Fully occupied six-unit building in a desirable rental neighborhood.
Property SizeContact for details
Days on Market218
Property Features for 1674 Irving St Nw
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,534
Amenities
Sloping
Urban
Building Details
Year Built
1905
Listing Agency:
RLAH @PROPERTIES
(301) 652-0643
Listed By:
JOSEPH HIMALI · License #BR98367524
Source:
Corcoran
Added: Jan 24
Changed: Aug 15
Last Checked: Aug 15 at 10:54AM
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 RLAH @PROPERTIES
Investment Insights
Based on property information with market context.
This is a fully occupied six-unit multi-family building located in a desirable neighborhood in Washington, DC. The property is fully licensed and professionally operated, with all required rental licenses and a Certificate of Occupancy for a six-unit building. The building is being offered at a 4.74% cap rate with professional management in place, or an estimated 5.45% cap rate for a self-managed owner. Each one-bedroom unit is updated, and many feature wood floors, renovated kitchens and baths, ceilings, and natural light. Front-facing units offer bay windows, while rear units include private decks. Additional features include a one-car detached garage and a fully fenced backyard. The location provides proximity to Metro access, shops, restaurants, and Rock Creek Park. This historic asset reflects the legacy of Harry Wardman and Albert H. Beers.
Key Highlights
- High‑demand, fully occupied six‑unit building in a desirable DC neighborhood, providing consistent cash flow.
- Turnkey and professionally managed with all required licenses, offering a low‑friction acquisition.
- Strong income potential with a 4.74% cap rate (professionally managed) or 5.45% (self‑managed) and long‑term appreciation potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,192
Businesses Nearby
Explore this area
Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied six-unit building in a desirable rental neighborhood.
Where is this apartment building located?
The property is located at 1674 Irving St Nw Washington, DC.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: High‑demand, fully occupied six‑unit building in a desirable DC neighborhood, providing consistent cash flow.; Turnkey and professionally managed with all required licenses, offering a low‑friction acquisition.; Strong income potential with a 4.74% cap rate (professionally managed) or 5.45% (self‑managed) and long‑term appreciation potential.
