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Listed by Aklilu Seium • Long & Foster Real Estate, Inc.
$ 1,199,980
Est. payment /mo
New
414 18TH ST NE Washington, DC 20002
3,408 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,408 sqft
Price per Sqft $352
MLS Listing ID DCDC2211074
Style Colonial
Abv Grd Liv Area 3,408
Year Built 1937
Annual Tax Amount $9,715
Tax Year 2024
Lot Size 4,634 Sqft
Acres 0.11
Property Sub-Type Quadruplex
Source BRIGHT
Property Description
Investor's Dream in Capitol Hill
This is your chance to take the handoff and sprint toward a high performing, long-term investment in one of D.C.'s most sought after and rapidly evolving neighborhoods. Just blocks from the future RFK stadium, 414 18th St NE presents a rare opportunity to step into a high-quality build with even higher potential.
Whether you're a seasoned investor, savvy developer, or forward-thinking contractor, this project offers both immediate returns and long-term rental potential. With zoning and precedent on your side, a visionary buyer could expand vertically and have four sizable units across three floors, dramatically increasing value and rental income.
What Sets This Property Apart:
Currently configured as a premium 4-unit multifamily building, the project is 60 - 70% complete and was being developed by engineers with a no compromise approach to quality. This isn't a surface level renovation- it's a deep, infrastructure-first rebuild designed for longevity and high performance.
Highlights Include:
• 💡 All new electrical system, upgraded panels, fully wired for recessed lighting, induction stoves, electric dryers, dishwashers, and a future solar array.
• 🚰 Top tier PEX-A plumbing with expansion fittings - outperforms CPVC and copper in durability and water quality.
• 🪟 Premium grade windows throughout - a $35K investment for energy efficiency and sound isolation.
• 🧱 Fully underpinned foundation with 43 steel helical piers reaching bedrock - lifetime warranty from Deska Services.
• 🛠️ Leveled floors with sistered joists; crawlspace and attic are clean, dry, and pest free. Original framing is true dimension oak - exceptional strength and durability.
• ❄️ High efficiency heat pump systems (each unit has its own unit) with all new rigid, insulated ductwork.
• 🏠 New TPO roof, near completion - only minor masonry work remains around parapets.
• 🧱 Well maintained eastern and western facades; southern wall ready for repointing and post foundation masonry work.
With most of the heavy lifting already done, the project is essentially at the finish stage, just select remaining bathroom components and install kitchens, which would take you to drywall, flooring, and final cosmetic work.
Expansion & Investment Potential:
This is more than a 4-unit building – it has exceptional “bones” and has had no expense spared for its solid potential. The strength of the foundation and systems are already in place, a buyer with big aspirations could seek to expand vertically and increase unit count, creating a high yield asset in a market with strong rent growth and increasing demand for quality housing.
Whether your plan is to rent, condo convert, or hold as a long-term appreciating asset, the upside here is undeniable. With electrification ready infrastructure, sustainability potential, and top-shelf engineering already built in, you're not just buying a building, you're stepping into a blueprint for smart forward thinking urban growth.
Opportunities like this are rare. Schedule today and see why this could be your next big win in Capitol Hill's evolving multifamily landscape.
This is your chance to take the handoff and sprint toward a high performing, long-term investment in one of D.C.'s most sought after and rapidly evolving neighborhoods. Just blocks from the future RFK stadium, 414 18th St NE presents a rare opportunity to step into a high-quality build with even higher potential.
Whether you're a seasoned investor, savvy developer, or forward-thinking contractor, this project offers both immediate returns and long-term rental potential. With zoning and precedent on your side, a visionary buyer could expand vertically and have four sizable units across three floors, dramatically increasing value and rental income.
What Sets This Property Apart:
Currently configured as a premium 4-unit multifamily building, the project is 60 - 70% complete and was being developed by engineers with a no compromise approach to quality. This isn't a surface level renovation- it's a deep, infrastructure-first rebuild designed for longevity and high performance.
Highlights Include:
• 💡 All new electrical system, upgraded panels, fully wired for recessed lighting, induction stoves, electric dryers, dishwashers, and a future solar array.
• 🚰 Top tier PEX-A plumbing with expansion fittings - outperforms CPVC and copper in durability and water quality.
• 🪟 Premium grade windows throughout - a $35K investment for energy efficiency and sound isolation.
• 🧱 Fully underpinned foundation with 43 steel helical piers reaching bedrock - lifetime warranty from Deska Services.
• 🛠️ Leveled floors with sistered joists; crawlspace and attic are clean, dry, and pest free. Original framing is true dimension oak - exceptional strength and durability.
• ❄️ High efficiency heat pump systems (each unit has its own unit) with all new rigid, insulated ductwork.
• 🏠 New TPO roof, near completion - only minor masonry work remains around parapets.
• 🧱 Well maintained eastern and western facades; southern wall ready for repointing and post foundation masonry work.
With most of the heavy lifting already done, the project is essentially at the finish stage, just select remaining bathroom components and install kitchens, which would take you to drywall, flooring, and final cosmetic work.
Expansion & Investment Potential:
This is more than a 4-unit building – it has exceptional “bones” and has had no expense spared for its solid potential. The strength of the foundation and systems are already in place, a buyer with big aspirations could seek to expand vertically and increase unit count, creating a high yield asset in a market with strong rent growth and increasing demand for quality housing.
Whether your plan is to rent, condo convert, or hold as a long-term appreciating asset, the upside here is undeniable. With electrification ready infrastructure, sustainability potential, and top-shelf engineering already built in, you're not just buying a building, you're stepping into a blueprint for smart forward thinking urban growth.
Opportunities like this are rare. Schedule today and see why this could be your next big win in Capitol Hill's evolving multifamily landscape.
Location
State DC
County Washington
Zoning RES FLAT
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Fireplace N
Window Features Energy Efficient,ENERGY STAR Qualified
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4546//0163
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
