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5501 Foote Street NE, Washington DC 20019
5501 Foote Street NE, Washington DC 20019
District of Columbia>Washington>Northeast Boundary

5501 Foote Street NEWashington, DC 20019

For Sale

$1,150,000

Smart Buyer Rebate $11,500

This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.

Listed by Santiago Noguera

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License #SP40000029

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Fairfax Realty of Tysons

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7033767675

Last updated June 12, 2026

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Source: BrightMLS #DCDC2259728

Listing Facts

  • TypeMulti-family
  • NeighborhoodNortheast Boundary
  • Days on Prevu89
  • Taxes$3,456.02/year
  • Size3,540 sqft
  • Price per sqft$325

Location

Mortgage Calculator

Listing History

06/06/2026
Status changed to Active
$1,150,000
06/05/2026
Status changed to Removed from Feed
$1,150,000
06/02/2026
Price Decreased
$1,150,000
05/04/2026
Listed by Fairfax Realty of Tysons
$1,200,000

Property Details for 5501 Foote Street NE

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 1960
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.06
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,614
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.5
  • Operating Expense Includes: Trash

Taxes

  • Tax Annual Amount: $3,456.02
  • Tax Year: 2026

Interior

Measurements

  • Living Area: 3,540
  • Living Area Source: Estimated

Parking

Parking

  • Garage: No

Schools

High School

  • High School: H.D. WOODSON

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Central
  • 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 5501 Foote Street NE.

What schools are nearby to 5501 Foote Street NE?

Nearby schools include the H.D. WOODSON High School.

What are the annual taxes for 5501 Foote Street NE?

Annual taxes for this multi-family home are estimated at $3,456.

How does 5501 Foote Street NE compare to other multi-family homes in Northeast Boundary?

This multi-family home is listed 0% below the average price for multi-family homes in Northeast Boundary and has been on the market for 28 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 3,540 sqft.

5501 Foote Street NE is a -bedroom multi-family home for sale in WASHINGTON DC 20019. Listed on Prevu for 89 days at $1,150,000. This includes a recent price decrease of $50,000. This property features 3,540 square feet of living space, located in Northeast Boundary. The median listing price for multi-family homes in this area is $369,999. Nearby schools include H.D. WOODSON High School. Browse 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.