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118 P Street SWWashington, DC 20024

For Sale

$699,000

Smart Buyer Rebate $6,990

Charming 2-Unit Property in Prime Washington, DC Location!

Discover an incredible investment opportunity in the heart of Southwest Washington, DC! This 2-unit semi-detached brick home, built in 1941, offers historic charm with modern convenience. Perfect for investors, multi-generational living, or those looking to generate rental income, this property is a true gem. Nestled in the sought-after Old City #1 neighborhood, it is just minutes from Nationals Park, The Wharf, and Downtown DC, making it an ideal location for urban living.

Each unit features a 1-bedroom, 1-bathroom configuration, offering comfortable living spaces filled with natural light. The home boasts a classic Colonial style with a timeless brick exterior, hardwood floors, and large windows that enhance its charm. Both units come equipped with functional galley-style kitchens featuring essential appliances, making meal preparation effortless. Additionally, the property includes an unfinished 620 sq. ft. basement, providing potential for expansion or extra storage.

Sitting on a 1,235 sq. ft. lot, the home offers an outdoor space perfect for urban dwellers looking to enjoy fresh air in a bustling city environment. The property provides easy access to major highways, public transit, and commuter routes, making it highly convenient for residents. It also presents a fantastic investment opportunity with its R4 zoning classification and no rent control restrictions, allowing for long-term rental income potential.

With 1,120 sq. ft. of total living space, the home includes central heating powered by natural gas and central A/C, ensuring year-round comfort. On-street parking is available, adding to the home’s accessibility.

This rare find in a vibrant and growing DC community is perfect for those looking for a residence with rental income potential or an investment property in an appreciating market. Don’t miss this incredible opportunity—schedule your private showing today!

Listed by Kathy Mason

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License #BR98369898

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Capital Area Realtors of DC

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5712828742

Last updated August 20, 2025

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Source: BrightMLS #DCDC2215700

Listing Facts

  • TypeSingle-family
  • NeighborhoodBuzzard Point
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu17
  • Taxes$5,403/year
  • Size1,120 sqft
  • Price per sqft$624

Amenities

  • Washer/Dryer

Location

Mortgage Calculator

Listing History

08/20/2025
Listed by Capital Area Realtors of DC
$699,000

Property Details for 118 P Street SW

Association

Amenities

  • Pets Allowed: No Pet Restrictions

Exterior

Construction

  • New Construction: No
  • Property Condition: Good
  • Year Built: 1941
  • Architectural Style: Colonial
  • Construction Materials: Brick

Features

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

Measurements

  • Lot Size Acres: 0.03
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,235
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $5,403.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Washer, Dryer, Disposal, Refrigerator, Range Hood, Oven/Range - Gas
  • Fireplace: No
  • Interior Features: Kitchen - Galley, 2nd Kitchen

Measurements

  • Living Area: 1,120
  • Living Area Source: Assessor

Rooms

  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bedrooms: 1

Other

General

  • Senior Community: No

Location

  • Subdivision Name: OLD CITY #1
  • Tax Lot: 817

Parking

Parking

  • Garage: No

Utilities

Equipment

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

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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.