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Renovated 14-Unit Apartment Building
For Sale
$1,620,000

808 Chesapeake St SE, Washington, DC 20032

Renovated 14-unit building with central air, updated kitchens and baths, submetered utilities, and on-site parking for at least 10 cars.

Property Size14,481 SF
Price / SF$111.87
Days on Market140

Property Features for 808 Chesapeake St SE

General Information

Standard status Active
Size 14,481 SF

Site & Location

Neighborhood Southeast

Additional Details

Cap Rate 12.5%
Multifamily Units 14

Building Details

Year Built 1963
Listing Agency: Keller Williams Capital Properties
Listed By: Stefan Rosu · License #SP98377007
Source: Kableteam
Added: Jun 11 Changed: Oct 25 Last Checked: Oct 7 at 3:15PM

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 Keller Williams Capital Properties

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Investment Insights

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Renovated 14-unit apartment building offered with four vacancies. The unit mix is mostly 2- and 3-bedroom layouts, averaging 857 square feet. Improvements include central air, renovated kitchens, renovated baths, and updated flooring in most units. Utilities are submetered for electric and gas. On-site parking is available for at least 10 cars, and it may be possible to combine units to create an additional 15th apartment in the basement.

The property is located less than a mile from Eastover Shopping Center, anchored by a Giant. Public remarks also reference transformative development east of the Anacostia River, including Skyland Town Center and St. Elizabeth’s. Walk and transit characteristics are supported by the provided scores (walkScore 58, transitScore 57).

This is positioned as a renovation/operations-focused acquisition with in-place updates and unit turnover opportunities within the existing structure.

Key Highlights

  • Renovated 14‑unit apartment building built in 1963
  • Unit mix is mostly 2 and 3 bedrooms; average unit size is 857 SF
  • Central air plus renovated kitchens, baths, and flooring in most units

Property Analytics

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Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

665
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated 14-unit building with central air, updated kitchens and baths, submetered utilities, and on-site parking for at least 10 cars.
Where is this apartment building located?
The property is located at 808 Chesapeake St SE Washington, DC.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Renovated 14‑unit apartment building built in 1963; Unit mix is mostly 2 and 3 bedrooms; average unit size is 857 SF; Central air plus renovated kitchens, baths, and flooring in most units
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