Description
9-unit multifamily investment property for sale in Marshall Heights, Washington, DC. This standalone apartment building offers approximately 7,200 square feet of residential living space in one of Southeast DC's steadily growing neighborhoods — positioned to deliver strong rental income and long-term portfolio appreciation.Property Details:8 two-bedroom units | 1 efficiency unit | 7,200 sq ft total | On-site parkingIncome Potential:Projected market rent of approximately $1,800/month per two-bedroom unit. At full occupancy, the property generates estimated gross annual rental income of approximately $172,800. Currently 4 of 9 units occupied; 5 units vacant and available for immediate lease-up. Two units in pending eviction, providing the incoming owner a clear path to full repositioning and market-rate occupancy.Investment Highlights:Value-add multifamily asset with significant upside through occupancy stabilization. Ideal for investors seeking cash flow, equity growth, and long-term stability in the Washington, DC rental market. Standalone building with dedicated parking adds tenant appeal and retention value.Location:Marshall Heights is a residential community in Ward 7, Southeast Washington, DC, offering urban convenience with a quiet neighborhood setting. Proximity to public transportation, retail corridors, and major commuter routes supports strong tenant demand.
Description
9-unit multifamily investment property for sale in Marshall Heights, Washington, DC. This standalone apartment building offers approximately 7,200 square feet of residential living space in one of Southeast DC's steadily growing neighborhoods — positioned to deliver strong rental income and long-term portfolio appreciation.Property Details:8 two-bedroom units | 1 efficiency unit | 7,200 sq ft total | On-site parkingIncome Potential:Projected market rent of approximately $1,800/month per two-bedroom unit. At full occupancy, the property generates estimated gross annual rental income of approximately $172,800. Currently 4 of 9 units occupied; 5 units vacant and available for immediate lease-up. Two units in pending eviction, providing the incoming owner a clear path to full repositioning and market-rate occupancy.Investment Highlights:Value-add multifamily asset with significant upside through occupancy stabilization. Ideal for investors seeking cash flow, equity growth, and long-term stability in the Washington, DC rental market. Standalone building with dedicated parking adds tenant appeal and retention value.Location:Marshall Heights is a residential community in Ward 7, Southeast Washington, DC, offering urban convenience with a quiet neighborhood setting. Proximity to public transportation, retail corridors, and major commuter routes supports strong tenant demand.
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