1944 3RD Street NE Washington, DC 20002

Building Details

Year Built

2023

Listing office Long & Foster Real Estate,Inc.

Listing date Jun 23, 2026

Source Deepcreeklake

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Investment Insights

Based on property information with market context.

This fully renovated 7-unit apartment building features self-contained apartments updated to modern residential standards. The unit mix offers flexible bedroom configurations, with layouts ranging from 1 to 6 bedrooms, including 2–6 bedroom and 4–5 bedroom unit types. The building is presented as partially leased, with occupancy secured from day one, and includes subsidized, guaranteed rental income already in place.

Set on a large lot with rear parking, the property is positioned for convenient access to the Rhode Island Avenue Metro station and Union Market. It is also surrounded by nearby retail and restaurants, with neighborhood amenities along 12th Street.

For investors and operators, the combination of renovation, self-contained unit setups, and an established rental income structure provides a practical foundation for acquiring a multifamily asset with immediate occupancy. The rear parking and large-lot setting add operational utility, while the bedroom-range unit mix can help accommodate a variety of household needs within one building.

Key Highlights

• Fully renovated 7‑unit multifamily building built in 2023
• Unit mix includes 1‑4‑bedroom, 4‑5 bedroom, and 2‑6bedroom 4‑5 bedroom self‑contained apartments
• Self‑contained units updated to modern residential standards

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FAQs

What type of property is this?

Apartment building - Renovated multifamily with self-contained units ranging from 1 to 6 bedrooms and rear parking on a large lot.

Where is this apartment building located?

The property is located at 1944 3RD Street NE Washington, DC.

What is the asking price?

The asking price for this property is $4,750,000.

What are key features of this property?

This property features: Fully renovated 7‑unit multifamily building built in 2023; Unit mix includes 1‑4‑bedroom, 4‑5 bedroom, and 2‑6bedroom 4‑5 bedroom self‑contained apartments; Self‑contained units updated to modern residential standards