Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    448 K St Washington, DC 20001

    Sponsored
    For Sale
    $10,000,000

    Prime DC Location, High ROI Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional multifamily investment opportunity presents a newly constructed (2021) six-unit building located at 448 K Street NW in Washington, D.C.'s vibrant Mount Vernon Triangle neighborhood. The property sits on a 0.04-acre lot and is zoned for commercial use. The building boasts a unique design, ideal for co-living arrangements, with each of the six units featuring five bedrooms, two bathrooms, and a fully equipped kitchen. Each unit is individually metered for water, gas, and electricity, offering efficient utility management and potential for increased rental income. The building includes a shared laundry area with four washer/dryer sets. The commercial space within the building is currently under a five-year lease, providing immediate and stable income. High-quality finishes include hardwood flooring throughout. Central air and electric heating systems ensure year-round comfort. The property's location in the Central Business District, with paved road access, offers unparalleled convenience and accessibility. This fee-simple ownership opportunity presents a compelling investment prospect with significant potential for long-term growth and strong returns. The asking price for this remarkable property is $10,000,000.

    Property Features for 448 K St

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,742 SF

    Building Details

    Year Built
    2021
    Units
    6

    HighLights

    • Hardwood floors throughout.
    • Central air conditioning and electric heat.
    • Electric heating system.
    • No pool.
    • Located in the Central Business District with paved road access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.0178514
    Latitude
    38.9023138

    Nearby Similar for Sale

    • $2,900,000
      2,832 SF

      Renovated Multi-Family in Washington, DC

      Newly renovated 11-bedroom property in the heart of Washington, DC.
      605 P St NW, Washington, DC 20001
      View Details
    • New
      $999,999
      3,722 SF

      Multi-Family Building in Washington, DC

      Four-unit multi-family building with modern upgrades in a growing neighborhood.
      413 Evarts St NE, Washington, DC 20017
      View Details
    • New
      $499,999
      1,995 SF

      Congress Heights Triplex: Income Potential

      Three-unit multifamily building in Congress Heights, ideal for investors or owner-occupants.
      507 Brandywine St SE, Washington, DC 20032
      View Details
    • $1,650,000
      2,781 SF

      Two-Unit Building in Shaw Neighborhood

      Elegant two-unit building in vibrant Shaw neighborhood, Washington, DC.
      1242 New Jersey Ave NW, Washington, DC 20001
      View Details
    • $2,995,000
      5,306 SF

      Luxury Residences in Columbia Heights

      Four luxury units in a sought-after NW location.
      1461 Chapin St NW, Washington, DC 20009
      View Details
    • $1,399,000
      3,635 SF

      Victorian Four-Unit Building with Garage

      South-facing four-unit building in historic Mount Pleasant with garage.
      1829 Monroe St NW, Washington, DC 20010
      View Details
    • $1,500,000
      4,862 SF

      Renovated Multifamily Investment Opportunity

      Six-unit renovated multifamily property in Washington, DC.
      2822 28Th St SE, Washington, DC 20020
      View Details
    • New
      $2,500,000
      4,457 SF

      Luxurious Multi-Level Residence with Apartment

      Expansive residence with lower-level apartment, ideal for modern living.
      2815 39Th St NW, Washington, DC 20007
      View Details
    • $1,350,000
      0.14 Acres

      Renovated Multifamily Building in Trinidad

      Six-unit multifamily property with income and appreciation potential in Trinidad.
      1307-1309 Holbrook St NE, Washington, DC 20002
      View Details
    • $1,395,000
      1,771 SF

      Capitol Hill Victorian Multifamily Property

      Victorian triplex with carriage house near Barracks Row.
      812 Street Expy E, Washington, DC 20003
      View Details
    • $1,189,000
      3,020 SF

      Bloomingdale Two-Unit Property

      Expansive two-unit property with 10 bedrooms in Bloomingdale.
      28 T St NW, Washington, DC 20001
      View Details
    • $1,800,000
      4,190 SF

      Unique Quadruplex in Historic District

      Rare investment opportunity near metro, with potential for multiple owners.
      513-519 12Th St SE, Washington, DC 20003
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime DC Location, High ROI Potential
    Where is this multifamily property located?
    The property is located at 448 K St Washington, DC.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: Hardwood floors throughout.; Central air conditioning and electric heat.; Electric heating system.
    (202) 407-8196
    Request Owner's contact information
    448 K St Washington, DC 20001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    448 K St
    Washington, DC 20001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    448 K St Washington, DC 20001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.