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Twelve-Unit Multifamily Building
For Sale
$1,000,000

2901 GAINESVILLE STREET SE, Washington, DC 20020

Solid brick multifamily building with twelve spacious two-bedroom units.

Property Size14,875 SF
Price / SF$67.23
Days on Market255

Property Features for 2901 GAINESVILLE STREET SE

General Information

Standard status Active
Size 14,875 SF
Property subtype Five Or More Units

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $10,288

Building Details

Building Size 14,875 SF
Year Built 1952
Construction solid brick
Listing Agency: Keller Williams Legacy
Listed By: India E Whitlock · License #645767
Source: Kerishull
Added: Jan 1 Changed: Sep 3 Last Checked: Sep 13 at 11:15AM

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 Legacy

Investment Insights

Based on property information with market context.

This for-sale multifamily property features twelve units of two-bedroom apartments within a solid brick, mid-century style building. Each unit is described as having generous floor plans with separate living and dining areas and ample natural light.

The property is located in Southeast DC, just minutes from downtown and major commuter routes, with access to public transit. The area is also noted as being close to shopping, parks, and community amenities.

The asset presents an income-producing configuration with all units described as two-bedroom residences, making it well-suited for buyers seeking a small multifamily holding comprised of consistent unit types.

Key Highlights

  • 12‑unit multifamily building with 2‑bedroom units
  • Year built 1952; solid brick construction
  • Each unit features separate living and dining areas

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Restaurant Skin Care Clinic

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

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

572
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Solid brick multifamily building with twelve spacious two-bedroom units.
Where is this apartment building located?
The property is located at 2901 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: 12‑unit multifamily building with 2‑bedroom units; Year built 1952; solid brick construction; Each unit features separate living and dining areas
More about this property
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