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Multifamily Property Near DC Metro
For Sale
$329,000

2607 MARTIN LUTHER KING JR Ave SE, Washington, DC 20020

Multifamily property near Metro station with future development potential.

Property Size2,952 SF
Lot Size0.20 Acres
Days on Market267

Property Features for 2607 MARTIN LUTHER KING JR Ave SE

General Information

Standard status Active
Size 2,952 SF
Lot size 0.20 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $4,239

Building Details

Building Size 2,952 SF
Year Built 1905
Listing Agency: KELLER WILLIAMS CAPITAL PROPERTIES
Listed By: Jon F Malcolm · License #SP200201802
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 10 Last Checked: Aug 22 at 12:07PM

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 KELLER WILLIAMS CAPITAL PROPERTIES

Investment Insights

Based on property information with market context.

This multifamily property is located within walking distance of a Washington DC Metro station. The location provides access to transit-oriented living. A new community is under construction in the neighborhood, which signals increased property values, new retail options, and enhanced neighborhood amenities. The property offers both immediate rental income and long-term appreciation as the community matures. The property is located at 2607 MARTIN LUTHER KING JR Ave SE, Washington, DC 20020.

Key Highlights

  • Walking distance to a Washington DC Metro station, appealing to tenants seeking transit‑oriented living.
  • Located in a neighborhood with active construction of a burgeoning new community.
  • Potential for significant long‑term property value appreciation due to neighborhood development.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Nail Salon Hair Salon Kitchen & Bath Showroom Real Estate Agency Electrical Service

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

Location Intelligence

Trade Area within ½ mile

879
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property near Metro station with future development potential.
Where is this multifamily property located?
The property is located at 2607 MARTIN LUTHER KING JR Ave SE Washington, DC.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Walking distance to a Washington DC Metro station, appealing to tenants seeking transit‑oriented living.; Located in a neighborhood with active construction of a burgeoning new community.; Potential for significant long‑term property value appreciation due to neighborhood development.
More about this property
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