Multifamily Development Opportunity in
For Sale
$400,000
2611 12TH SE, Washington, DC 20020
Fully entitled lot with approved permit for 8-unit building.
Property SizeContact for details
Days on Market120
Property Features for 2611 12TH SE
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$2,417
Listing Agency:
TTR SOTHEBYS INTERNATIONAL REALTY
(301) 785-5743
Listed By:
Laila Rahman
(301) 785-5743
Source:
Elliman
Added: Apr 27
Changed: Aug 8
Last Checked: Jul 16 at 9:36AM
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 TTR SOTHEBYS INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
This is a shovel-ready multifamily development opportunity. The sale includes a fully entitled lot with an approved building permit and complete architectural, MEP, and sprinkler drawings for a 3-story plus Cellar, 8-unit apartment building. The building totals approximately 12,000 square feet, with each unit designed as a 3-bedroom/2-bath layout. The design includes 2 car parking. The units feature thoughtfully planned open-concept living, dining, and kitchen areas, generous bedroom sizes, and ample closets. The exterior elevations showcase a clean contemporary facade with strong street presence, landscaped front and rear yards, and fenced outdoor space. The location has a transit score of 83, indicating excellent transit options. The walk score is 55, indicating it is somewhat walkable, and the bike score is 28, indicating it is somewhat bikeable.
Key Highlights
- Shovel‑ready multifamily development opportunity with approved building permit.
- Fully entitled lot with complete architectural, MEP, and sprinkler drawings.
- Approved for an 8‑unit apartment building totaling approximately 12,000 SF.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,706
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 - Fully entitled lot with approved permit for 8-unit building.
Where is this residential land & home lot located?
The property is located at 2611 12TH SE Washington, DC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Shovel‑ready multifamily development opportunity with approved building permit.; Fully entitled lot with complete architectural, MEP, and sprinkler drawings.; Approved for an 8‑unit apartment building totaling approximately 12,000 SF.
