For Sale
Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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UNIT DEVELOPMENT 506 SPECIAL EXCEPTION REVIEW CRITERIA 507 SIDE YARD 508 PERVIOUS SURFACE 509 TREE PROTECTION 510 [REPEALED] 511 USE PERMISSIONS CHAPTER 6 NAVAL OBSERVATORY RESIDENTIAL HOUSE ZONES - R-1B/NO AND R…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Washington market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-3 · Washington, DCPLANNED UNIT DEVELOPMENT 506 SPECIAL EXCEPTION REVIEW CRITERIA 507 SIDE YARD 508 PERVIOUS SURFACE 509 TREE PROTECTION 510 [REPEALED] 511 USE PERMISSIONS CHAPTER 6 NAVAL OBSERVATORY RESIDENTIAL HOUSE ZONES - R-1B/NO AND R…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-3 in Washington, DC.
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