2916 8TH St NE Washington, DC 20017

Building Details

Year Built

1941

Listing agency HomeSmart s***@gmail.com Show Phone

Listed by So Tayebi · License #SP200201631 Show Phone

Source Elliman

Added: Jul 21 Updated: Jul 22 at 6:59PM Checked: Jul 21 at 3:15PM

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Investment Insights

Based on property information with market context.

This is a four-unit apartment building with renovations completed approximately four years ago. Each unit is configured as a three-bedroom, one-bath layout. The property is being offered with delivery of up to 75% vacant at closing, which may allow an investor to lease three units immediately while maintaining the existing in-place tenant.

For rent-up and underwriting purposes, projected rents are approximately $12,128 per month at stabilization, with expenses managed at roughly 10% of gross income, with financials available for verification. An FHA buyer may also have the opportunity to occupy one unit while leasing the remaining units, including the current tenant, with projected rental income of approximately $8,537 per month. Showings are available by appointment.

Key Highlights

• 4‑unit apartment building built in 1941 in Washington, D.C.’s Brookland neighborhood
• All four units renovated approximately four years ago; each unit is configured as 3‑bedroom, 1‑bath
• Can be delivered up to 75% vacant at closing—new owner can lease vacant units while keeping the in‑place tenant

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FAQs

What type of property is this?

Quadplex - Renovated fourplex with three-bedroom, one-bath layouts and a projected path to near-term leasing flexibility at closing.

Where is this quadplex located?

The property is located at 2916 8TH St NE Washington, DC.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: 4‑unit apartment building built in 1941 in Washington, D.C.’s Brookland neighborhood; All four units renovated approximately four years ago; each unit is configured as 3‑bedroom, 1‑bath; Can be delivered up to 75% vacant at closing—new owner can lease vacant units while keeping the in‑place tenant