Change Real Estate Presents:

1724 Capitol Avenue
Washington DC 20002

For Sale: $875,000.00 Active

List Date: 2026-09-08

Washington
4 bedrooms
4 bathrooms
3,216 build ft2
3,049 land ft2

About This Property

Rare fully-occupied 4-unit investment opportunity in DC's Brentwood corridor, minutes from Gallaudet University and Union Market. This solid brick building was built in 1937, all four units one-bedroom and individually metered for electric with their own heat pumps, keeping operating costs low and predictable for ownership. The flat roof was fully resurfaced in 2024, and a valid Certificate of Occupancy is on file. Additional features include a rear storage building with roll-up door, private decks, and a classic front porch. On-street parking. Currently producing $66,516 in gross annual rent at a 5.7% cap rate, with every unit priced below market and a confirmed comparable-sale ceiling of $1,687 per unit. Bringing rents to that level lifts gross income to roughly $80,976 a year and pushes the cap rate to approximately 7.3%, a documented upside path since three of the four tenancies are DC housing voucher-backed and increases run through the housing authority's established rent reasonableness process, meaning a substantial share of income is government-backed and stable. Full financial package, rent roll, and maintenance history available upon request. Also well suited to an owner-occupant buyer using this as a house hack, live in one unit and let the other three help carry the mortgage. Won't last at this basis.

Listing Agent: Luis A Vivas. Compass 240-479-9124 lou@vivathelife.com

Property Features

Location Information
County:
Subdivision: BRENTWOOD
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Central A/C
Heating: Heat Pump(s)
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1937
Subdivision Name: Brentwood
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Luis A Vivas. Compass 240-479-9124 lou@vivathelife.com

Property Photos [Click to enlarge]

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This content was last refreshed on 2026-09-09 03:30 PM EDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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