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145 Galveston Place SWWashington, DC 20032

For Sale

$475,000

Smart Buyer Rebate $4,750

Investor Alert! Turnkey four-unit multifamily opportunity with stable in-place income, low operating expenses, and significant upside potential in Washington, DC's rapidly developing Congress Heights neighborhood. This versatile asset is an excellent opportunity for both first-time multifamily investors looking to enter the market and experienced investors seeking to add a stabilized, income-producing property to their portfolio.

This fully renovated property currently generates $4,000/month in gross rental income and is anchored by three long-term tenants with a proven history of on-time payments, providing immediate and reliable cash flow. Existing rents offer future upside, with the opportunity to strategically adjust rates toward market value over time. One unit is expected to become available, creating flexibility for lease-up at current market rates or potential owner-occupancy.

Designed for efficient ownership, the property features separately metered utilities and exceptionally low owner expenses of approximately $150/month for water and common-area electricity. Renovations include restored hardwood floors, updated kitchens, modern finishes, abundant natural light, private decks, and a rear porch.

The four-unit configuration appeals to both investors and owner-occupants, offering the potential to occupy one unit while rental income from the remaining units helps offset ownership costs.

Ideally situated near Joint Base Anacostia-Bolling, Entertainment and Sports Arena, and the planned RFK Stadium redevelopment, the property benefits from strong rental demand drivers and convenient access to I-295, I-395, I-695, and I-495.

A rare opportunity to acquire a renovated, income-producing multifamily asset with immediate cash flow, value-add potential, and long-term appreciation prospects in one of Washington, DC's emerging growth corridors. Photos may be virtually staged.

Listed by Deborah K Reynolds

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License #BR98374317

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Keller Williams Realty

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2408856806

Last updated July 08, 2026

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Source: BrightMLS #DCDC2240284

Listing Facts

  • TypeMulti-family
  • NeighborhoodBellevue
  • Days on Prevu185
  • Taxes$5,017/year
  • Size2,720 sqft
  • Price per sqft$175

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/29/2026
Price Decreased
$475,000
04/20/2026
Price Decreased
$525,000
03/18/2026
Price Decreased
$575,000
02/09/2026
Price Decreased
$600,000
01/28/2026
Listed by Keller Williams Realty
$625,000

Property Details for 145 Galveston Place SW

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 1943
  • Architectural Style: Colonial
  • Construction Materials: Brick

Features

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

Measurements

  • Lot Size Acres: 0.10
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,536
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $5,017.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,720
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 92

Parking

Parking

  • Garage: No

Schools

Elementary School

  • Elementary School: PATTERSON

High School

  • High School: BALLOU

Middle or Junior School

  • Middle Or Junior School: HART

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Heating: Radiator
  • 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 145 Galveston Place SW.

What schools are nearby to 145 Galveston Place SW?

Nearby schools include the PATTERSON Elementary School, HART Middle School, and BALLOU High School.

What are the annual taxes for 145 Galveston Place SW?

Annual taxes for this multi-family home are estimated at $5,017.

How does 145 Galveston Place SW compare to other multi-family homes in Bellevue?

This multi-family home is listed 4% below the average price for multi-family homes in Bellevue and has been on the market for 80 more 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 2,720 sqft.

145 Galveston Place SW is a -bedroom multi-family home for sale in WASHINGTON DC 20032. On Prevu for 185 days at $475,000. This includes a recent price decrease of $50,000. This property features 2,720 square feet of living space, located in Bellevue. The median listing price for multi-family homes in this area is $399,900. Nearby schools include PATTERSON Elementary School, HART Middle School, and BALLOU High School. Additional amenities include parking. Browse more multi-family home listings in Washington.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

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.