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    FOR SALE
    Short term rental properties

    2859 Denver St SE Washington, DC 20020

    Built 1943
    Property ID
    US16-0061903
    2859 Denver St SE, Washington, DC 20020 For Sale 1 / 78
    $849,900
    2859 Denver St SE, Washington, DC 20020
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    Property summary
    AI-generated overview

    Fully stabilized, 100% occupied 5-unit furnished multifamily in Naylor Gardens (SE DC, 20020) — now priced to trade. Built 1943, comprehensively renovated in 2025 from Class C shell to renovated Class B workforce housing through unit-by-unit rehabilitation. Five individually metered 1BR/1BA units, each fully furnished with in-unit washer/dryer, smart TV, queen bed, dedicated workspace, Keurig, and full kitchenware. All-electric, separately metered per unit; shared water only. 3,780 gross SF on a 4,560 SF lot. Roof replaced 2018. Generating $92,703 in annualized gross income with pro forma NOI of $67,589 — a 9% cap rate at the current list price, with additional upside through repositioning of unit rates. Turnkey furnished product requiring no capital infusion at closing. Federal Opportunity Zone and HUBZone designations offer potential tax advantages for qualifying buyers. Over $500 million in active development within one mile, including Skyland Town Center Phase 3 (0.3 miles) and Barry Farm Redevelopment (0.9 miles), anchored by Lidl and the city's first drive-through Starbucks. Full Offering Memorandum, financials, and rent roll available to qualified buyers with a signed confidentiality agreement. All five units tenant-occupied — showings by appointment with advance notice; please do not disturb or approach occupants. Contact listing agent to schedule. bikeScore: 34, Somewhat Bikeable walkScore: 66, Somewhat Walkable transitScore: 72, Excellent Transit

    Property profile
    Verified
    Property type Short term rental properties
    Year built 1943
    UPID US16-0061903
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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