1915 4Th St Washington, DC 20001
This exceptional turnkey opportunity presents a meticulously maintained, 17-bedroom, 8-bathroom, 4-unit apartment building ideally suited for expanding or establishing a transitional housing program. Located in the heart of historic LeDroit Park, this property boasts a prime location within walking distance of Howard University and the Metro, providing residents convenient access to education, employment, and transportation. Each of the four units has undergone recent renovations, featuring brand-new appliances and in-unit washer/dryer sets. Beyond the updated interiors, the property includes four oversized decks overlooking a sizable outdoor area. The building's attractive architecture and well-maintained grounds create a welcoming and supportive environment. The 4,220 square foot building sits on 0.11 acres of land and offers flexible lease terms. This is a rare chance to secure a master lease and provide quality housing in a thriving community. The property is ready for immediate occupancy. Don't miss this chance to make a significant impact.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.