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    Licensed 8-Unit Apartment Building Title is generated by Realmo AI

    2809 GAINESVILLE Street SE, Washington, DC 20020

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    Claim this Listing
    For Sale
    $1,000,000

    MULTI_FAMILY - WASHINGTON, DC

    Property size:
    4,200 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $238/SF
    Added:
    Apr 14, 2026
    Days on Market:
    62
    Last Refresh:
    Jun 14 at 3:06 pm

    Property Features for 2809 GAINESVILLE Street SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Dining Room
    Parking features
    On Street
    Interior features
    Kitchen - Eat-In, Combination Dining/Living
    Appliances
    Disposal, Refrigerator, Oven/Range - Gas, Oven/Range - Electric
    Standard status
    Active
    Size
    4,200 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5410

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s), Ceiling Fan(s), Wall Unit(s)

    Building Details

    Year built
    1945
    Number of units
    4
    Building materials
    Brick, Aluminum Siding

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    Listing Contact
    Pamela Debnam

    Listing agent Pamela Debnam License #SP200200774

    Listing office Houwzer, LLC 3033 Wilson Boulevard unit: 771, Philadelphia, DC

    Listing date Apr 14, 2026

    MLS# DCDC2255740 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Licensed property with 8 units total: 4 licensed apartments plus a 4‑unit rooming house (with Certificate of Occupancy).
    • 14 bedrooms and 5 baths (2 two‑BR units, 2 three‑BR units, and 4 single rooms).
    • Apartments are self‑contained—tenants pay for gas and electric.
    • Rooming house includes all utilities plus high‑speed internet and basic cable TV; each room has separate refrigerator, ceiling fans, and a/c window units.
    • Security cameras (high definition) with 1 TB storage; property is fully fenced and well‑lit at night.
    • Year built 1945; 2 parking spaces in the rear plus street parking; separate rear access to the rooming house.

    Overview

    This licensed multifamily property features 8 units total, made up of 4 apartments and 4 rooming house rooms. Units include wall-to-wall carpeting, window A/C units, ceiling fans, and baseboard heating, with gas cooking. Kitchens and baths have ceramic tile finishes. The hallway has been upgraded with new carpeting and fresh paint, and the exterior is secured with an entire fenced perimeter and high-definition security cameras with on-site storage. Two parking spaces are provided in the rear, along with ample street parking.

    The apartments are self-contained with residents paying gas and electric. The rooming house includes all utilities plus high-speed internet and basic cable TV, and it has separate access at the rear of the building. Additional rooming house amenities include separate refrigerators, ceiling fans, and A/C window units for each of the four rooms. A time-controlled exterior lighting feature is described as well.

    With separate apartment and rooming house configurations, the property can fit tenants looking for traditional apartments as well as those seeking individually accessed rooms within the same fenced, camera-monitored setting. The listing also notes a rooftop with views and easy access to major routes in the DMV, with nearby transit options including a Metro bus stop and multiple Metro Rail stops within 10 minutes.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $128.5k $30.60
    − Vacancy −$8.0k −$1.90
    EGI $120.6k $28.70
    − OpEx −$54.2k −$12.92
    NOI $66.3k $15.79
    4,200 SF · lease $30.60/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $947.2K
    $828.8K – $1.11M (±1% cap)
    NOI $66,303 @ 7.0% cap · market cap 6.63%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.17M
    $1.90M – $2.53M (±1% cap)
    NOI $151,793 @ 7.0% cap · market cap 15.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -76.96936
    Latitude
    38.85496

    FAQs

    What type of property is this?
    Apartment building - Income property with self-contained apartments and a separately accessed rooming house, enhanced by fenced grounds and security cameras.
    Where is this apartment building located?
    The property is located at 2809 GAINESVILLE Street SE Washington, DC.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Licensed property with 8 units total: 4 licensed apartments plus a 4‑unit rooming house (with Certificate of Occupancy).; 14 bedrooms and 5 baths (2 two‑BR units, 2 three‑BR units, and 4 single rooms).; Apartments are self‑contained—tenants pay for gas and electric.
    More about this property
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