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Five-Unit Multifamily Building

4801 3RD Street NW, Washington, DC 20011

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For Sale

$699,000

MULTI_FAMILY - WASHINGTON, DC

Property size:

4,074 SF

Lot size:

0.06 Acres

Price / SF:

$171/SF

HighLights

Five‑unit multifamily with a mix of three 3BR units and two 2BR units
Currently in a group rental structure with one long‑term tenant and combined monthly income of $8,084
Recent rent estimator guidance: about $4,113/month for 3BR units and $2,805/month for 2BR units
Illustrative pro forma gross annual rent is approximately $185,712 based on program‑friendly rent levels
Brick construction; heated by hot water (heating)
Built in 1936; currently delivered without a current Basic Business License (BBL)

We can help!

Contact an agent

Abel M Gebremichael

For Sale

$699,000

MULTI_FAMILY - WASHINGTON, DC

Property size:

4,074 SF

Lot size:

0.06 Acres

Price / SF:

$171/SF

Added:: May 1, 2026
Days on Market:: 67
Last Refresh:: Jul 6 at 10:06 pm

Property Features for 4801 3RD Street NW

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: On Street
Standard status: Active
Size: 4,074 SF
Lot size: 0.06 Acres

Taxes and HOA fees

Tax Annual Amount: 9266

Utilities

Heating system: Hot Water(Heating)

Building Details

Year built: 1936
Number of units: 4
Building materials: Brick

We can help!

Contact an agent

Abel M Gebremichael

Listing agent Abel M Gebremichael License #SP98377913

Listing office Keller Williams Capital Properties 519 C Street, WASHINGTON, DC

Listing date May 1, 2026

MLS# DCDC2259262 Listing URL

HighLights

Five‑unit multifamily with a mix of three 3BR units and two 2BR units
Currently in a group rental structure with one long‑term tenant and combined monthly income of $8,084
Recent rent estimator guidance: about $4,113/month for 3BR units and $2,805/month for 2BR units
Illustrative pro forma gross annual rent is approximately $185,712 based on program‑friendly rent levels
Brick construction; heated by hot water (heating)
Built in 1936; currently delivered without a current Basic Business License (BBL)

Overview

4801 3rd Street NW is a five-unit multifamily property configured as three 3-bedroom units and two 2-bedroom units. The building is currently operated under a group rental structure with one long-term tenant, producing a combined monthly income of $8,084. The seller states the asset is being delivered without a current Basic Business License (BBL), so buyers should plan to complete the required licensing steps and ensure full compliance with District of Columbia rental regulations. The property offers an investor-oriented foundation for operational and leasing improvements.

Located in Washington, DC 20011, the property is listed for sale. An open house is scheduled for Sunday, May 10 from 1:30 PM to 3:00 PM (last showing window), with an offer deadline of Tuesday, May 12 at 5:00 PM. The remarks cite recent rent estimator guidance for the ZIP code as $4,113 for 3BR units and $2,805 for 2BR units, providing an illustrative framework for future rental income once leases and compliance are in place.

From a tenant and operator fit standpoint, the unit mix supports households seeking larger and mid-size floorplans. For investors, the stated absence of a current BBL is a key diligence item, and the underwriting in the remarks is positioned around structured lease-up and compliance planning. Buyers considering a lease strategy tied to voucher-friendly operations should also factor in the execution requirements and regulatory approvals described by the seller.

Property Profile Location Intelligence

Current Use by Public Records

1031 exchange properties

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Local Demand

City: Washington
County: District of Columbia
State: District of Columbia
Longitude: -77.01549
Latitude: 38.94877

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For sale
Apartment buildings
DC
Washington
20011
4801 3RD Street NW

What type of property is this?

Apartment building - Five-unit rental with three 3-bedroom and two 2-bedroom apartments, requiring licensing completion for regulatory compliance.

Where is this apartment building located?

The property is located at 4801 3RD Street NW Washington, DC.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Five‑unit multifamily with a mix of three 3BR units and two 2BR units; Currently in a group rental structure with one long‑term tenant and combined monthly income of $8,084; Recent rent estimator guidance: about $4,113/month for 3BR units and $2,805/month for 2BR units

4801 3RD Street NW, Washington, DC 20011

MULTI_FAMILY - WASHINGTON, DC

Property Features for 4801 3RD Street NW

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Mixed-Use Redevelopment Opportunity

Turnkey Restaurant/Bar Opportunity on Georgia Avenue

Prime Retail Opportunity in Washington

Four-Story Retail Building with Rooftop

Renovated Quadplex with Separate Utilities

Office Condominium with Parking

Four-Unit Multifamily Building

Multifamily Property with Independent Entrances

Fully Renovated 4-Unit Multifamily

Multi-Unit Residential Income Property

Brick Quadplex Fully Renovated

Columbia Heights Mixed-Use Investment

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