Multifamily Development Opportunity: Approved
For Sale
$599,995
2319 MINNESOTA Ave SE, Washington, DC 20020
2,500 SF corner lot with approved plans for 10-unit building.
Property Size8,955 SF
Lot Size0.06 Acres
Price / SF$67
Days on Market122
Property Features for 2319 MINNESOTA Ave SE
General Information
Standard status
Active
Size
8,955 SF
Lot size
0.06 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$22,820
Building Details
Year Built
1926
Units
10
Listing Agency:
MCWILLIAMS/BALLARD, INC.
(202) 256-5453
Listed By:
Joseph E Freeman III
(202) 256-5453
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 16 at 9:40AM
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 MCWILLIAMS/BALLARD, INC.
Investment Insights
Based on property information with market context.
This is a rare multifamily development opportunity featuring a 2,500 SF corner lot with approved plans and permits for a 10-unit apartment building. The project proposes a four-story plus cellar building totaling approximately 8,955 SF with a 50 ft height and 34.3 ft rear yard. The lot, measuring 25’ x 100’, is located on the corner of Minnesota Avenue and White Place SE, adjacent to a public alley. An existing 2.5-story detached home of approximately 1,330 SF would be razed. The sale includes the land and approved development plans and permits. The unit breakdown is as follows: Unit 001 is 875 SF (2BR 1BTH), Unit 002 is 875 SF (1BR 1DEN 1BTH), Unit 101 is 671 SF (2BR 1BTH), Unit 102 is 634 SF (2BR 1BTH), Unit 201 is 744 SF (3BR 1BTH), Unit 202 is 730 SF (3BR 1BTH), Unit 301 is 746 SF (3BR 1BTH), Unit 302 is 732 SF (3BR 1BTH), Unit 401 is 748 SF (3BR 1BTH), and Unit 402 is 726 SF (3BR 1BTH). The location has a walk score of 78, indicating it is very walkable, a transit score of 69, indicating good transit, and a bike score of 49, indicating it is somewhat bikeable.
Key Highlights
- Fully entitled multifamily development opportunity with approved plans and permits for a 10‑unit apartment building.
- Corner lot location (2,500 SF) on Minnesota Avenue and White Place SE.
- Proposed four‑story plus cellar building totaling approximately 8,955 SF.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2,500 SF corner lot with approved plans for 10-unit building.
Where is this residential land & home lot located?
The property is located at 2319 MINNESOTA Ave SE Washington, DC.
What is the asking price?
The asking price for this property is $599,995.
What are key features of this property?
This property features: Fully entitled multifamily development opportunity with approved plans and permits for a 10‑unit apartment building.; Corner lot location (2,500 SF) on Minnesota Avenue and White Place SE.; Proposed four‑story plus cellar building totaling approximately 8,955 SF.
