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Duplex Near RFK Stadium

3536 MINNESOTA Avenue SE Washington, DC 20019

For Sale

$575,000

MULTI_FAMILY - WASHINGTON, DC

Property size:

2,375 SF

Lot size:

0.09 Acres

Price / SF:

$242.11/SF

For Sale

$575,000

MULTI_FAMILY - WASHINGTON, DC

Property size:

2,375 SF

Lot size:

0.09 Acres

Price / SF:

$242.11/SF

Added:: Oct 9, 2024
Days on Market:: 644
Last Refresh:: Jul 14 at 8:06 am

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

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

Investment Insights

Based on property information with market context.

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.

Key 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).

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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

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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

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Similar For Sale Nearby

Columbia Heights Mixed-Use Investment

Turnkey Mixed-Use Redevelopment Opportunity

Prime Retail Opportunity in Washington

Three-Unit Townhouse with Rooftop Deck

Fully Occupied Quadplex Investment

Renovated Quadplex with Separate Utilities

Six-Unit Multifamily Building with RA-1

Office Condominium with Parking

Four-Unit Multifamily Building

Multifamily Property with Independent Entrances

Multi-Unit Residential Income Property

Fully Renovated 4-Unit Multifamily

FAQs