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1148 Owen Pl Ne, Washington, DC 20002

Washington
Local realty services provided by:CENTURY 21 Rauh & Johns
1148 Owen Pl Ne,Washington, DC 20002
$1,150,000
  • 12 Beds
  • - Baths
  • 4,200 sq. ft.
  • Multi-family
  • Active
Listed by: sofia a pellegrino
Office: samson properties
MLS#:DCDC2262604
Source:BRIGHTMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$273.81

About this home

INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.

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Home facts

  • Year built:2025
  • Listing ID #:DCDC2262604
  • Added:1 day(s) ago
  • Updated:May 19, 2026 at 10:22 AM

Rooms and interior

  • Bedrooms:12
  • Living area:4,200 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Electric, Forced Air

Structure and exterior

  • Year built:2025
  • Building area:4,200 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$273.81
  • Tax amount:$6,523 (2024)

Parking

  • Parking description:Fenced, On Street, Parking Lot, Private

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