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Gutted Multi-Family Investment Opportunity
For Sale
$450,000

4962-4966 BENNING Rd SE, Washington, DC 20019

Four-unit building with approved plans, ready for renovation.

Property Size2,793 SF
Lot Size0.11 Acres
Price / SF$179.43
Days on Market108

Property Features for 4962-4966 BENNING Rd SE

General Information

Standard status Active
Size 2,793 SF
Lot size 0.11 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $25,396

Building Details

Building Size 2,793 SF
Year Built 1943
Units 4
Listing Agency: Bennett Realty Solutions
Listed By: Wayne K. Williams Jr. · License #ABR98370406
Source: Elliman
Added: May 15 Changed: Aug 8 Last Checked: Aug 29 at 11:15AM

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 Bennett Realty Solutions

Investment Insights

Based on property information with market context.

This four-unit multi-family investment opportunity features a building that has already been gutted, potentially saving on renovation time and costs. Approved plans are included for four 2-bedroom, 1-bath units. The building offers approximately 2,800 square feet, including 2,508 square feet above ground and an additional 258 square feet below ground. The below-ground space may be suitable for occupant storage units or other amenities to generate additional income. The building layout includes two ground-level entrances, a single entrance to access two upper-level units, and an exterior entrance to a lower-level basement. Situated on a 0.11-acre lot (approximately 4,856 square feet), the property's zoning is R-2. The lot may be suitable for outdoor amenities. The property has a walk score of 55, indicating it is somewhat walkable, a transit score of 60, indicating good transit options, and a bike score of 37, indicating it is somewhat bikeable.

Key Highlights

  • Approved plans for four 2‑bedroom/1‑bath units included, saving time and money.
  • Building has already been gutted, reducing renovation time and costs.
  • Multi‑family investment opportunity with potential for income generation.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Skin Care Clinic Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

Demographics for 20019, DC

59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit building with approved plans, ready for renovation.
Where is this quadplex located?
The property is located at 4962-4966 BENNING Rd SE Washington, DC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approved plans for four 2‑bedroom/1‑bath units included, saving time and money.; Building has already been gutted, reducing renovation time and costs.; Multi‑family investment opportunity with potential for income generation.
More about this property
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