145 Galveston Pl Sw, Washington, DC 20032
Local realty services provided by:CENTURY 21 Gold
Listed by: greg s schwartz
Office: keller williams realty
MLS#:DCDC2240284
Source:BRIGHTMLS
Price summary
- Price:$475,000
- Price per sq. ft.:$174.63
About this home
Investor Alert! Turnkey four-unit multifamily opportunity with stable in-place income, low operating expenses, and significant upside potential in Washington, DC's rapidly developing Congress Heights neighborhood. This versatile asset is an excellent opportunity for both first-time multifamily investors looking to enter the market and experienced investors seeking to add a stabilized, income-producing property to their portfolio.
This fully renovated property currently generates $4,000/month in gross rental income and is anchored by three long-term tenants with a proven history of on-time payments, providing immediate and reliable cash flow. Existing rents offer future upside, with the opportunity to strategically adjust rates toward market value over time. One unit is expected to become available, creating flexibility for lease-up at current market rates or potential owner-occupancy.
Designed for efficient ownership, the property features separately metered utilities and exceptionally low owner expenses of approximately $150/month for water and common-area electricity. Renovations include restored hardwood floors, updated kitchens, modern finishes, abundant natural light, private decks, and a rear porch.
The four-unit configuration appeals to both investors and owner-occupants, offering the potential to occupy one unit while rental income from the remaining units helps offset ownership costs.
Ideally situated near Joint Base Anacostia-Bolling, Entertainment and Sports Arena, and the planned RFK Stadium redevelopment, the property benefits from strong rental demand drivers and convenient access to I-295, I-395, I-695, and I-495.
A rare opportunity to acquire a renovated, income-producing multifamily asset with immediate cash flow, value-add potential, and long-term appreciation prospects in one of Washington, DC's emerging growth corridors. Photos may be virtually staged....
Contact an agent
Home facts
- Year built:1943
- Listing ID #:DCDC2240284
- Added:246 day(s) ago
- Updated:September 13, 2026 at 01:34 PM
Rooms and interior
- Bedrooms:4
- Living area:2,720 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Natural Gas, Radiator
Structure and exterior
- Year built:1943
- Building area:2,720 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Colonial
- Construction Materials:Brick
Schools
- High school:BALLOU
- Middle school:HART
- Elementary school:PATTERSON
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$174.63
- Tax amount:$5,017 (2025)
Parking
- Parking description:Off Street
New listings near 145 Galveston Pl Sw
- Coming SoonOpen Sat, 2 to 4pm
$389,900Coming Soon2 beds 2 baths697 sq. ft.426 18th Ne #3, WASHINGTON, DC 20002
MLS# DCDC2280418Listed by: DMV PRIME PROPERTIES - Coming SoonOpen Sat, 1 to 3pm
$1,199,950Coming Soon4 beds 4 baths2,545 sq. ft.8232 Eastern Ave Nw, WASHINGTON, DC 20012
MLS# DCDC2277710Listed by: COMPASS - Coming Soon
$624,900Coming Soon4 beds 4 baths2,044 sq. ft.4960 6th St Ne, WASHINGTON, DC 20017
MLS# DCDC2271320Listed by: EXP REALTY, LLC - Coming Soon
$299,999Coming Soon2 beds 1 baths1,114 sq. ft.854 51st St Ne, WASHINGTON, DC 20019
MLS# DCDC2282020Listed by: THOMPSON PREMIER HOMES GROUP. - Coming Soon
$399,999Coming Soon3 beds 3 baths1,530 sq. ft.871 Hr Dr Se, WASHINGTON, DC 20032
MLS# DCDC2282040Listed by: OWN REAL ESTATE - Coming Soon
$799,000Coming Soon3 beds 3 baths1,384 sq. ft.762 Gresham Pl Nw, WASHINGTON, DC 20001
MLS# DCDC2281598Listed by: OMNIA REAL ESTATE LLC - Coming Soon
$1,595,000Coming Soon6 beds 5 baths3,765 sq. ft.623 Columbia Rd Nw, WASHINGTON, DC 20001
MLS# DCDC2282922Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - Coming Soon
$475,000Coming Soon3 beds 3 baths1,453 sq. ft.1340 Talbert Ct Se, WASHINGTON, DC 20020
MLS# DCDC2283066Listed by: CENTURY 21 ENVISION - Coming Soon
$1,250,000Coming Soon4 beds 4 baths3,081 sq. ft.7729 16th Nw, WASHINGTON, DC 20012
MLS# DCDC2282046Listed by: KELLER WILLIAMS CAPITAL PROPERTIES - Coming Soon
$1,000,000Coming Soon3 beds 2 baths1,774 sq. ft.15 15th St Se, WASHINGTON, DC 20003
MLS# DCDC2281388Listed by: KELLER WILLIAMS CAPITAL PROPERTIES