Development Opportunity on Rhode
For Sale
$1,959,000
3131 Rhode Island Ave NE, Washington, DC 20018
Corner lot ideal for multifamily apartment use near Maryland.
Property Size1,995 SF
Price / SF$981.95
Days on Market336
Property Features for 3131 Rhode Island Ave NE
General Information
Standard status
Active
Size
1,995 SF
Site & Location
Neighborhood
Ft. Washington
Building Details
Year Built
1977
Listing Agency:
Crown Realty International Ltd
Listed By:
Samuel Jobi · License #522171
(301) 537-7665
Source:
Kableteam
Added: Nov 27, 2025
Changed: Oct 25
Last Checked: Oct 28 at 3:18PM
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 Crown Realty International Ltd
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Investment Insights
Based on property information with market context.
This property, located at the corner of Eastern Avenue and Rhode Island Avenue NE, sits on the boundary line between Washington DC and Maryland. According to provided schematic plans, the site presents a development opportunity in an area with ongoing developments. Situated on the main street of Rhode Island Avenue, the property is suited for multifamily apartment use. The location was formerly a restaurant. Prospective buyers are advised to conduct their own due diligence.
Key Highlights
- Ideal for multifamily apartment development.
- Located on the main street of Rhode Island Avenue.
- Corner lot at the intersection of Eastern Ave and Rhode Island Ave NE.**
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
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Business Placement
Demographics for 20018, DC
20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Corner lot ideal for multifamily apartment use near Maryland.
Where is this apartment building located?
The property is located at 3131 Rhode Island Ave NE Washington, DC.
What is the asking price?
The asking price for this property is $1,959,000.
What are key features of this property?
This property features: Ideal for multifamily apartment development.; Located on the main street of Rhode Island Avenue.; Corner lot at the intersection of Eastern Ave and Rhode Island Ave NE.**
