3980 2ND Street SW, Washington, DC 20032
MULTI_FAMILY - Federal - WASHINGTON, DC
- Added:
- Apr 20, 2026
- Days on Market:
- 51
- Last Refresh:
- Jun 9 at 5:06 am
Property Features for 3980 2ND Street SW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Dining Room
- Parking
- 2
- Parking features
- Driveway
- Interior features
- 2nd Kitchen, Dining Area, Kitchen - Island, Kitchen - Gourmet, Recessed Lighting, Formal/Separate Dining Room
- Appliances
- Built-In Microwave, Dishwasher, Disposal, Dryer - Gas, Icemaker, Refrigerator, Stainless Steel Appliances
- Standard status
- Active
- Size
- 1,900 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2438
Utilities
- Heating system
- Central
Building Details
- Year built
- 1942
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Federal
Listing agent Sherese Teixeira License #SP40002361 (202) 422-1223
Listing office RLAH @properties 4600 N Park Avenue unit: 100, Chevy Chase, DC (301) 652-0643
Listing date Apr 20, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Renovated 4‑bedroom, 2.5‑bath Federal‑style brick home built in 1942
- Gourmet kitchen with quartz countertops, kitchen island, and stainless steel appliances
- Finished basement includes a second full kitchen, private bedroom, full bathroom, and second laundry hookup
- Main level features its own laundry hookup, plus recessed lighting and a formal/separate dining room
- Upgraded bathrooms with Bluetooth mirrors
- Driveway parking, plus a rare 2‑car parking pad in the rear; central heating
Overview
The basement includes a second full kitchen, a private bedroom, and a full bathroom, along with a second laundry hookup. Additional interior finishes include upgraded bathrooms with modern Bluetooth mirrors. Outside, the property features freshly installed sod and a rare two-car parking pad in the rear. The home is described as being just minutes from National Harbor, The Wharf, Audi Field, National Park, the newly redeveloped St Elizabeth, and Downtown DC.
This configuration may appeal to buyers seeking an owner-occupant setup or a housing plan that separates living space within the home. With multiple laundry hookups, updated finishes, and a basement with independent-use potential, the property supports a practical mix of daily living and guest or income-oriented use, subject to the buyer’s goals and applicable requirements.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.4k | $31.80 |
| − Vacancy | −$3.0k | −$1.59 |
| EGI | $57.4k | $30.21 |
| − OpEx | −$25.8k | −$13.59 |
| NOI | $31.6k | $16.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.01163
- Latitude
- 38.83213
