Duplex Near RFK Stadium

3536 MINNESOTA Avenue SE, Washington, DC 20019

View on Map

For Sale

$575,000

MULTI_FAMILY - WASHINGTON, DC

Property size:

2,375 SF

Lot size:

0.09 Acres

Price / SF:

$242/SF

HighLights

Income‑producing duplex with potential for a third unit.
Prime location near RFK Stadium Redevelopment, grocery stores, parks, recreation centers, and public transportation.
Recent upgrades including a new roof, shed, and solar panels (installed in 2024), plus a new heat pump and sewer pipe (2022).
Off‑street parking for at least 4 vehicles.
Flexible investment options: live in one unit and rent the other(s), or hold as a long‑term rental property.
Opportunity to customize and improve the property (sold As‑Is) to maximize returns.

We can help!

Listing Contact

Gwendolyn Epps-Childs

For Sale

$575,000

MULTI_FAMILY - WASHINGTON, DC

Property size:

2,375 SF

Lot size:

0.09 Acres

Price / SF:

$242/SF

Added:: Oct 9, 2024
Days on Market:: 614
Last Refresh:: Jun 14 at 10:06 pm

Property Features for 3536 MINNESOTA Avenue SE

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Off Street
Interior features: Wood Floors, Kitchen - Galley, Bathroom - Tub Shower
Standard status: Active
Size: 2,375 SF
Lot size: 0.09 Acres

Taxes and HOA fees

Tax Annual Amount: 3631

Utilities

Heating system: Other (Heating)

Building Details

Year built: 1949
Number of units: 3
Building materials: Brick

We can help!

Listing Contact

Gwendolyn Epps-Childs

Listing agent Gwendolyn Epps-Childs License #SP200203709

Listing office Samson Properties 6710 Oxon Hill Road unit: 460, Chantilly, DC

Listing date Oct 9, 2024

MLS# DCDC2163272 Listing URL

HighLights

Income‑producing duplex with potential for a third unit.
Prime location near RFK Stadium Redevelopment, grocery stores, parks, recreation centers, and public transportation.
Recent upgrades including a new roof, shed, and solar panels (installed in 2024), plus a new heat pump and sewer pipe (2022).
Off‑street parking for at least 4 vehicles.
Flexible investment options: live in one unit and rent the other(s), or hold as a long‑term rental property.
Opportunity to customize and improve the property (sold As‑Is) to maximize returns.

Overview

This three-story property, recorded as a two-unit residential building (duplex) with a finished lower level, is located minutes from the RFK Stadium Redevelopment and close to grocery stores, parks, recreation centers, Metro bus, and train lines. The finished lower level is currently utilized as a Sanctuary, which may be converted to an additional residential unit subject to buyer verification of zoning, use, and permitting. The property includes a new roof and shed installed in 2024, as well as solar panels installed in 2024 for energy efficiency. A new heat pump and sewer pipe replacement were completed in 2022. The property also features secure rear entrances and off-street parking for at least 4 vehicles. Originally a well-maintained doctor's building, this property offers flexible living and investment options for investors, house-hackers, or buyers seeking sweat equity. The property is being sold As-Is, providing buyers the opportunity to customize, reposition, or further improve to maximize returns. Buyers are encouraged to verify unit configuration and intended use. The lot size is 0.0876 acres, and the property size is 2375 square feet. It is located in WASHINGTON, DC, with a postal code of 20019.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$69.8k	$29.40
− Vacancy	−$4.3k	−$1.82
EGI	$65.5k	$27.58
− OpEx	−$19.6k	−$8.27
NOI	$45.8k	$19.30

2,375 SF · lease $29.40/SF/yr · vacancy 6.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$655.0K

$573.1K – $764.1K (±1% cap)

NOI $45,847 @ 7.0% cap · market cap 7.97%

Second Best

Apartment 5plus

$585.2K

$512.0K – $682.7K (±1% cap)

NOI $40,962 @ 7.0% cap · market cap 7.12%

Theoretical Best

Office A

$1.28M

$1.12M – $1.49M (±1% cap)

NOI $89,340 @ 7.0% cap · market cap 15.54%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Map

City: Washington
County: District of Columbia
State: District of Columbia
Longitude: -76.95535
Latitude: 38.88717

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For sale
Duplexes
DC
Washington
20019
3536 MINNESOTA Avenue SE

What type of property is this?

Duplex - Income-producing duplex with finished lower level near RFK Stadium.

Where is this duplex located?

The property is located at 3536 MINNESOTA Avenue SE Washington, DC.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Income‑producing duplex with potential for a third unit.; Prime location near RFK Stadium Redevelopment, grocery stores, parks, recreation centers, and public transportation.; Recent upgrades including a new roof, shed, and **solar panels (installed in 2024)**, plus a new heat pump and sewer pipe (2022).

3536 MINNESOTA Avenue SE, Washington, DC 20019

MULTI_FAMILY - WASHINGTON, DC

Property Features for 3536 MINNESOTA Avenue SE

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Map

Nearby Similar for Sale

Turnkey Mixed-Use Redevelopment Opportunity

Mixed-Use Building with Retail

Turnkey Restaurant/Bar Opportunity on Georgia Avenue

Prime Retail Opportunity in Washington

Four-Story Retail Building with Rooftop

Value-Add Multifamily Building Opportunity

Office Condominium with Parking

Renovated Multifamily Building in Washington, DC

Multifamily Property with Independent Entrances

Columbia Heights Mixed-Use Investment

Turnkey Updated Fourplex with 1-Bed Units

Fully Renovated Quadplex

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