Deed-Condo Apartment
5401 Connecticut Ave NW Washington, DC 20015
5401 Connecticut Ave NW, Washington, DC, 20015
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For Sale
Contact for pricing
Pending
21 deeded rental units with RAD-exempt status, central HVAC, balconies, and off-street parking for 15.
Days on Market449
Property Features for 5401 Connecticut Ave NW
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Building Details
- Year Built
- 1976
Listing agency
Greysteel
Listed by
Kyle Tangney · License #VA 0225081719
Source
Crexi
Added: Apr 29, 2025 Updated: Jul 21 at 7:43AM Checked: Jul 21 at 7:43AM
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Investment Insights
Based on property information with market context.
This apartment building is configured as 21 fully deeded units, positioned as a cash-flowing “condo asset.” The property is described as RAD-exempt for all units, supporting full market-rate rent resets. Units are reported to feature central HVAC, parquet floors, balconies, and dishwashers, along with 150–200 amp electrical service, with additional mention of strong in-place rents and projected market rent increases.
Located at 5401 Connecticut Ave NW in Washington, DC (Chevy Chase), the property is presented as being steps from Metro, parks, and street retail, with a Walk Score of 87. The offering also highlights off-street parking as a differentiator, with 15 parking spaces that generated $13k+ last year.
From an operations standpoint, the combination of deeded unit structure, centrally conditioned interiors, and on-site parking can be attractive for buyers seeking a well-specified residential income asset with flexibility described around rent resets.
Located at 5401 Connecticut Ave NW in Washington, DC (Chevy Chase), the property is presented as being steps from Metro, parks, and street retail, with a Walk Score of 87. The offering also highlights off-street parking as a differentiator, with 15 parking spaces that generated $13k+ last year.
From an operations standpoint, the combination of deeded unit structure, centrally conditioned interiors, and on-site parking can be attractive for buyers seeking a well-specified residential income asset with flexibility described around rent resets.
Key Highlights
- 21 fully deeded rental units (RAD‑exempt) with strong in‑place rents averaging $2,253/month and pro forma market rents of ~$2,967/month
- Year built: 1976
- Central HVAC in units
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FAQs
What type of property is this?
Apartment building - 21 deeded rental units with RAD-exempt status, central HVAC, balconies, and off-street parking for 15.
Where is this apartment building located?
The property is located at 5401 Connecticut Ave NW Washington, DC.
What are key features of this property?
This property features: 21 fully deeded rental units (RAD‑exempt) with strong in‑place rents averaging $2,253/month and pro forma market rents of ~$2,967/month; Year built: 1976; Central HVAC in units
