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14-Unit Apartment Building
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2440 S St SE, Washington, DC 20020

Renovated walk-up apartment property with uniform three-bedroom layouts and participation in the Housing Choice Voucher Program.

Property Size10,500 SF
Lot Size0.13 Acres
Days on Market144

Property Features for 2440 S St SE

General Information

Standard status Active
Size 10,500 SF
Net Rentable 8,750 SF
Lot size 0.13 Acres
Property subtype Multifamily

Units

Unit Mix 14 x 3BR/1BA
Multifamily Units 14

Building Details

Year Built 1938
Year Renovated 2020
Buildings 1
Listing Agency: Tranzon Key
Listed By: Jeffrey Stein · License #MD 5422
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:52PM

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 Tranzon Key

Investment Insights

Based on property information with market context.

This 14-unit walk-up apartment building contains 10,500 square feet of gross building area and 8,750 square feet of net rentable area on a 5,500-square-foot lot. Constructed in 1938, the property underwent extensive renovation in 2020. All apartments are reportedly configured with three bedrooms and one bathroom, providing a consistent unit layout throughout the building.

The property participates in the Housing Choice Voucher Program and is located at 2440 S St SE in Washington, DC 20020. Its apartment configuration, renovated condition, and established multifamily format define the asset’s primary operating characteristics.

Key Highlights

  • 14‑unit walk‑up apartment building
  • 10,500 square feet of gross building area and 8,750 square feet of net rentable area
  • Situated on a 5,500‑square‑foot lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Building Supply Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated walk-up apartment property with uniform three-bedroom layouts and participation in the Housing Choice Voucher Program.
Where is this apartment building located?
The property is located at 2440 S St SE Washington, DC.
What are key features of this property?
This property features: 14‑unit walk‑up apartment building; 10,500 square feet of gross building area and 8,750 square feet of net rentable area; Situated on a 5,500‑square‑foot lot
(703) 539-8111 Call to check price and availability
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