Five-Unit Multifamily Property in
27 GALVESTON SW, Washington, DC 20032
Fully occupied five-unit multifamily property in the Bellevue neighborhood.
Type:Commercial
- Added:
- Apr 4, 2026
- Days on Market:
- 58
- Last Refresh:
- Apr 4 at 7:06 am
Property Features for 27 GALVESTON SW
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1943
Listing agent Ari Firoozabadi (202) 280-2722
Listing office GREYSTEEL COMPANY LLC (202) 280-2722
Listing date Apr 4, 2026
Source Elliman
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 GREYSTEEL COMPANY LLC
HighLights
- Fully occupied five‑unit multifamily property providing strong day‑one cash flow.
- Diverse unit mix including a rare 4BR/2BA unit, appealing to a wide range of renters.
- Located in the Bellevue submarket, a growing residential community with new development nearby.
- In‑place rents are below market, allowing for future rent growth.
- Good transit score (55) with access to multiple Metrobus lines.
- Established, resilient location with easy access to major roadways (South Capitol Street and I‑295).
Overview
The property at 27 Galveston Place SW is a fully occupied five-unit multifamily building located in the Bellevue neighborhood of Southwest Washington, DC. The unit mix includes four 2BR/1BA units and one 4BR/2BA unit. The average in-place rent is $1,663. The property provides immediate cash flow with potential for increased value in a rapidly developing submarket. The diverse unit mix, featuring a rare 4BR/2BA layout alongside traditional 2BR/1BA units, attracts a wide range of renters, including families and individuals seeking affordable housing. The property is fully leased, indicating stable investment potential in a high-demand rental area. Current rents are below market value, presenting opportunities for future rent increases through unit upgrades and improved property management. Situated in the Bellevue submarket, west of Congress Heights, the property is part of a growing residential community with long-term tenants and ongoing new development. It offers convenient access to major roadways, including South Capitol Street and I-295, enhancing its long-term value. The property is located near the C11, C17, and C27 Metrobus lines, providing direct transit service to the Anacostia and Potomac Ave Metro stations to the north, and National Harbor and Washington Highlands to the south. These routes offer residents efficient access to employment, retail, and entertainment centers across the District and Prince George’s County, increasing its rental appeal. The property has a walk score of 66, a transit score of 55, and a bike score of 29.
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.0075084
- Latitude
- 38.8240562
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FAQs
What type of property is this?
Apartment building - Fully occupied five-unit multifamily property in the Bellevue neighborhood.
Where is this apartment building located?
The property is located at 27 GALVESTON SW Washington, DC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Fully occupied five‑unit multifamily property providing strong day‑one cash flow.; Diverse unit mix including a rare 4BR/2BA unit, appealing to a wide range of renters.; Located in the Bellevue submarket, a growing residential community with new development nearby.
