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Turnkey Multifamily Property in Hillcrest
For Sale
$849,900

2859 DENVER St SE, Washington, DC 20020

Renovated, furnished 5-unit property in Southeast Washington, DC.

Property SizeContact for details
Days on Market138

Property Features for 2859 DENVER St SE

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1943
Listing Agency: Samson Properties
Listed By: Matt Naha · License #SP40002975
Source: Elliman
Added: Apr 15 Changed: Jul 10 Last Checked: Aug 29 at 10:45AM

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 Samson Properties

Investment Insights

Based on property information with market context.

This is a turnkey 5-unit multifamily property located in the Hillcrest neighborhood of Southeast Washington, DC. The property, located at 2859 Denver St SE, consists of five 1-bedroom, 1-bath units. Each unit is fully renovated and delivered furnished, featuring updated kitchens and bathrooms, new flooring, in-unit washer/dryers, smart TVs, and dedicated workspaces. The property is currently operated as furnished rentals, utilizing a combination of platform-based bookings and direct leasing. The building is currently occupied and generating rental income, with rents approximately $1,800 per unit per month. Electric is separately metered for each unit. The property is located within a federally designated Opportunity Zone and HUBZone, which may offer potential tax benefits for qualified investors. It is conveniently situated near Naylor Road Metro, Skyland Town Center, neighborhood retail, and major commuter routes. The transit score is 72, indicating excellent transit options. The walk score is 66, indicating the area is somewhat walkable. The bike score is 34, indicating the area is somewhat bikeable.

Key Highlights

  • Turnkey, fully renovated and furnished 5‑unit multifamily property.
  • Generating rental income with rents approximately $1,800 per unit per month.
  • Each unit features updated kitchens and bathrooms, new flooring, in‑unit washer/dryers, smart TVs, and dedicated workspaces.

Property Analytics

Current Use

Extreme Escape Travel Travel Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Hair Salon

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

589
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, furnished 5-unit property in Southeast Washington, DC.
Where is this apartment building located?
The property is located at 2859 DENVER St SE Washington, DC.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Turnkey, fully renovated and furnished 5‑unit multifamily property.; Generating rental income with rents approximately $1,800 per unit per month.; Each unit features updated kitchens and bathrooms, new flooring, in‑unit washer/dryers, smart TVs, and dedicated workspaces.
More about this property
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