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Partially Completed 14-Unit Condo Development
For Sale
$3,500,000

827 Randolph Street NW, Washington, DC 20011

Partially completed 14-unit condominium project with framing and roofing finished, positioned for completion and delivery.

Days on Market78

Property Features for 827 Randolph Street NW

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 14
Listing Agency: Coldwell Banker Realty
Listed By: Washington
Source: Xome
Added: May 14 Changed: Jul 10 Last Checked: Jul 29 at 12:22PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This offering presents a partially completed 14-unit condominium development. Framing and roofing have been completed, with substantial construction progress already in place. The project is being sold with the intent that a new owner can take over and focus on remaining phases to bring the development to completion.

The property is located at 827-829 Randolph Street NW in Washington, DC’s Petworth neighborhood. The public remarks indicate close proximity to Metro, retail, restaurants, and major commuter routes.

For developers and investors, this structure provides an opportunity to acquire a project beyond early stages, with key components already completed. A complete development package, including plans and permits, is available upon request for serious inquiries. Prospective buyers should review the available documents to confirm remaining scope and the path to delivery for the 14-unit condominium configuration.

Key Highlights

  • Partially completed 14‑unit condominium development at 827‑829 Randolph Street NW
  • Framing completed and roofing completed, with significant construction progress already underway
  • Development includes central air cooling; heating is indicated as “3”

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Big Box & Wholesale Store HVAC Service Acupuncture Real Estate Agency

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

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,354
Businesses Nearby

Demographics for 20011, DC

67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
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?
Apartment building - Partially completed 14-unit condominium project with framing and roofing finished, positioned for completion and delivery.
Where is this apartment building located?
The property is located at 827 Randolph Street NW Washington, DC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Partially completed 14‑unit condominium development at 827‑829 Randolph Street NW; Framing completed and roofing completed, with significant construction progress already underway; Development includes central air cooling; heating is indicated as “3”
More about this property
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