INVESTOR ALERT: VALUE-ADD 4-UNIT BUILDING PRICED FOR IMMEDIATE EQUITY GAIN. Acquire this exceptional 4-unit brick multifamily building in Washington, D.C., a proven vehicle for strategic wealth creation. The property consists of four identical 1-Bedroom/1-Bathroom units, offering a highly desirable and easily managed unit mix for the rental market. This asset is aggressively priced to allow the experienced buyer maximum profit margin; the 2025 Assessed Value stands at $590,590, highlighting clear and substantial room to create instant equity and force appreciation post-closing. This is a true value-add opportunity that requires a full capital expenditure (CapEx) plan. The clear roadmap involves targeted renovations to the unit interiors and updating building systems, which will directly lead to drastically increased rent rolls and maximized Net Operating Income (NOI). SOLD STRICTLY AS-IS: Seller will make absolutely no repairs or offer any credits; the pricing fully reflects the required scope of work. All due diligence must be completed prior to offer submission. This offering is ideal for cash, fha 203K or commercial financing buyers. Do not miss this chance to acquire a four-unit asset below assessed value and reposition it into a top-performing investment. This is the definition of a wealth-building opportunity
Listed by Abel M Gebremichael
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License #SP98377913
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Keller Williams Capital Properties
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2026010160
Last updated December 12, 2025
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Source: BrightMLS #DCDC2233284
Listing Facts
TypeMulti-family
NeighborhoodNaylor Gardens
Days on Prevu8
Taxes$5,020/year
Size2,520 sqft
Price per sqft$171
Location
Mortgage Calculator
Listing History
12/12/2025
Listed by Keller Williams Capital Properties
$430,000
Property Details for 2609 29TH Street SE
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1943
Architectural Style: Traditional
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.08
Lot Size Source: Assessor
Lot Size Square Feet: 3,643
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $5,020.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 2,520
Living Area Source: Assessor
Rooms
Basement: Other
Has Basement: Yes
Other
Location
Tax Lot: 8
Parking
Parking
Garage: No
Utilities
Equipment
Heating: Hot Water
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 2609 29TH Street SE.
What are the annual taxes for 2609 29TH Street SE?
Annual taxes for this multi-family home are estimated at $5,020.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,520 sqft.
2609 29TH Street SE is a -bedroom multi-family home for sale in WASHINGTON DC 20020. On Prevu for 0 days at $430,000. This home features 2,520 square feet of living space, located in Washington. The median listing price for multi-family homes in this area is $75,000. Explore more multi-family home listings in Washington.
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