Change Real Estate Presents:

2313 Minnesota Avenue
Washington DC 20020

For Sale: $499,000.00 Active

List Date: 2026-10-21

Washington
5 bedrooms
2 bathrooms
1,428 build ft2
2,750 land ft2

About This Property

TWIN MU-4 ROWHOMES: TURNKEY HIGH-YIELD ASSETS WITH FUTURE DEVELOPMENT UPSIDE. Positioned just one block off the Pennsylvania Ave SE commercial corridor, 2311 and 2313 Minnesota Ave SE offer a rare combination of immediate, high-yield cash flow and long-term zoning flexibility. Available for purchase individually or together as an assemblage, each semi-detached rowhome is delivered in updated, move-in-ready condition equipped with central air conditioning and a spacious 5-bedroom, 2-bathroom layout. Current submarket benchmarks for 5-bedroom voucher programs demonstrate strong earning potential, evidenced by recent local comps including 2332 Q St SE (leased at $6,218/mo on 05/07/26), 1335 T St SE (leased at $6,382/mo on 10/05/26), and 1426 S St SE (lease pending at $5,800/mo), supporting a conservative pro-forma estimate of a 14% cash-on-cash return on Day 1 operations even in today's rate climate. Additionally, each property features a full, unfinished basement with high ceilings that presents an immediate value-add pathway to build out an additional bedroom, where 6-bedroom voucher payment standards in the submarket currently command upwards of $7,000/month. For long-term investors, the underlying MU-4 zoning (moderate-density mixed-use) unlocks substantial future exit strategies, including multi-unit apartment conversion, commercial integration, or vertical redevelopment across both contiguous parcels. DISCLAIMER: Pro-forma projections, historical comps, voucher payment schedules, and zoning re-use potential are provided for informational and analytical purposes only. Buyer and buyer's broker are strictly responsible for conducting their own independent due diligence regarding zoning allowances, allowable density, building permits, Certificate of Occupancy requirements, tax assessments, and current local housing voucher payment standards prior to closing.

Listing Agent: Abel M Gebremichael. Real Broker, LLC 202-601-0160 abel@urbanmultifamilyadvisory.com

Property Features

Location Information
County:
Subdivision: RANDLE HEIGHTS
Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: None
Windows:
Utilities:
Sewer: PrivateSewer
Exterior Features
Year Built: 1912
Legal Subdivision: Randle Heights
Subdivision Name: Randle Heights
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Abel M Gebremichael. Real Broker, LLC 202-601-0160 abel@urbanmultifamilyadvisory.com

Property Photos [Click to enlarge]

Bright © 2026 Bright, All Rights Reserved.

The data related to real estate for sale on this website comes in part from the INTERNET DATA EXCHANGE (IDX) program of the Bright MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.

IDX information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation or other purposes. All listing information is deemed reliable but not guaranteed.

This content was last refreshed on 2026-10-24 07:00 PM EDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

DMCA Notice