10 49th Street SE — Sale in Washington, DC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Washington, DC 20019

Description

Marcus & Millichap is pleased to present 10 49th Street SE, a lender-owned 15-unit multifamily asset located in the Marshall Heights neighborhood of Washington, DC. The offering presents an opportunity to acquire a highly occupied asset with a uniform unit mix of two-bedroom flats well-aligned with submarket renter demand. With tenants responsible for all utilities except water and sewer, 12 off-street parking spaces, and an extremely convenient location steps from the Benning Road Metro and direct access to retail within walking distance, 10 49th Street SE offers a compelling combination of upside through operational efficiency, low expense exposure, and long-term appreciation potential driven by accelerating public and private investment in the surrounding corridor. Investment Highlights: • Walking distance to Metro • Stable workforce housing fundamentals • Optimal unit mix for submarket demand • Low operating expense profile • 12 off-street parking spaces • Accessible residential location with nearby retail corridors • Proximity to Fletcher-Johnson redevelopment • East-of-the-River investment momentum

Market Context

This multifamily in Washington, DC is listed for sale. It has been on the market for 101 days. Compare it against other multifamily listings for sale in Washington, DC — view the full market.

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