Building Details

Building Size 4,080 SF

Year Built 1943

Listing Agency: Feldman Ruel Urban Property Advisors

Listed By: Ian Ruel · License #DC BR200201389 Show Phone

Source: Barnesrealestatecompany

Added: Oct 5 Changed: Oct 10 Last Checked: Oct 15 at 6:00AM

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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 Feldman Ruel Urban Property Advisors

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Investment Insights

Based on property information with market context.

Built in 1943, this multifamily property contains 4,080 square feet. It may be acquired individually or together with three other properties at 59, 63, and 101 Galveston Place SW as a portfolio.

Key Highlights

• 4,080‑square‑foot multifamily property
• Built in 1943
• Available individually or with properties at 59, 63, and 101 Galveston Place SW

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Skin Care Clinic

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

723

Businesses Nearby

Explore this area Business Placement

Demographics for 20032, DC

38,904

Population

19,708

Households

2

Avg Household Size

33

Median Age

23%

College-Educated

88%

High-School Grad

5.2 sq mi

ZIP Area

7,482

Density / Sq Mi

$48,146

Median Household Income

$44,487

Median Earnings

$1,285

Median Rent

$391,400

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?

Multifamily property - This 1943 multifamily property is available individually or as part of a four-property portfolio.

Where is this multifamily property located?

The property is located at 55 GALVESTON PLACE SW Washington, DC.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: 4,080‑square‑foot multifamily property; Built in 1943; Available individually or with properties at 59, 63, and 101 Galveston Place SW