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1148 Owen Place NE, Washington DC 20002
District of Columbia>Washington>Trinidad

1148 Owen Place NEWashington, DC 20002

For Sale

$1,100,000

Smart Buyer Rebate $11,000

INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.

Listed by Sofia A Pellegrino

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Samson Properties

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7035936976

Last updated June 12, 2026

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Source: BrightMLS #DCDC2262604

Listing Facts

  • TypeMulti-family
  • NeighborhoodTrinidad
  • Days on Prevu29
  • Taxes$6,523/year
  • Size4,200 sqft
  • Price per sqft$262

Location

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Listing History

06/09/2026
Price Decreased
$1,100,000
05/18/2026
Listed by Samson Properties
$1,150,000

Property Details for 1148 Owen Place NE

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 4
  • Property Condition: Major Rehab Needed
  • Year Built: 2025
  • Architectural Style: Colonial
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.05
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,304
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $6,523.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 4,200
  • Living Area Source: Estimated

Other

Location

  • Subdivision Name: TRINIDAD
  • Tax Lot: 832

Parking

Parking

  • Garage: No
  • Parking Features: Fenced, Private

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Central, Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1148 Owen Place NE.

What are the annual taxes for 1148 Owen Place NE?

Annual taxes for this multi-family home are estimated at $6,523.

How does 1148 Owen Place NE compare to other multi-family homes in Trinidad?

This multi-family home is listed 6% above the average price for multi-family homes in Trinidad and has been on the market for 74 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,200 sqft.

1148 Owen Place NE is a -bedroom multi-family home for sale in WASHINGTON DC 20002. On Prevu for 29 days at $1,100,000. This includes a recent price decrease of $50,000. This property features 4,200 square feet of living space, located in Trinidad. The median listing price for multi-family homes in this area is $620,000. Explore more multi-family home listings in Washington.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.