Property profile

2100 15Th St SE Washington, DC 20020

FOR SALE
Apartment buildings
Property ID
US16-0019350
14,300 SF 0.21 ac lot Built 1937
Entity Owned 5-yr Hold
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2100 15Th St SE, Washington, DC 20020 For Sale
$3,400,000 14,300 SF
2100 15Th St SE, Washington, DC 20020
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Property summary

AI-generated overview

This 15-unit apartment building, located at 2100 15th St SE, Washington, DC 20020, presents a compelling value-add investment opportunity. Built in 1937 and renovated in 2016, the property boasts 14,300 square feet of net rentable space across four stories. The building sits on a 9,360 square foot lot and includes 15 parking spaces. Zoned R-3, this property offers significant potential for increased profitability. The building's 15 units provide consistent cash flow, and its location in the Anacostia neighborhood offers access to convenient public transit, green spaces, and a growing array of dining and shopping options. This is a bankruptcy sale, exempt from TOPA restrictions, offering a streamlined transaction process. While complete financial documentation is currently being compiled, a due diligence period is allowed, though all contingencies must be removed before the court hearing. The property is sold as-is, where-is. Prospective buyers are encouraged to verify all provided information. This is part of a portfolio of nine multifamily properties, and individual properties may be purchased.

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1937
Construction BRICK
Total area 14,300 SF
Lot 0.21 ac (9,360 SF)
Zoning code R-3
APN 5779 1011
UPID US16-0019350

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2100 15Th St SE Washington, DC 20020
Washington metro Census 7503 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.87M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.91M

Owner & transaction history

since 2021
Last sale
$1.7M
4 recorded transactions
2021
$1.7M
2015
$1.0M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-3 · Washington, DC
Zoning description

PLANNED UNIT DEVELOPMENT 506 SPECIAL EXCEPTION REVIEW CRITERIA 507 SIDE YARD 508 PERVIOUS SURFACE 509 TREE PROTECTION 510 [REPEALED] 511 USE PERMISSIONS CHAPTER 6 NAVAL OBSERVATORY RESIDENTIAL HOUSE ZONES - R-1B/NO AND R…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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