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2859 Denver St Se, Washington, DC 20020

Washington
Local realty services provided by:CENTURY 21 Norris - Valley Forge
2859 Denver St Se,Washington, DC 20020
$654,000
  • 5 Beds
  • - Baths
  • 3,780 sq. ft.
  • Multi-family
  • Active
Listed by: matt naha
Office: samson properties
MLS#:DCDC2281998
Source:BRIGHTMLS

Price summary

  • Price:$654,000
  • Price per sq. ft.:$173.02

About this home

PRICE IMPROVEMENT! Fully renovated 5-unit multifamily in Naylor Gardens, 100% occupied and producing income from day one. Five furnished 1BR/1BA units, each with in-unit washer/dryer, smart TV and dedicated workspace. Comprehensively renovated in 2025; roof replaced in 2018. All-electric with separate meters for each unit; utilities are currently included in rent, giving a new owner flexibility. Current NOI $54,635 on actual trailing-12-month collections (8.35% cap rate at list price); pro forma NOI $63,802 (9.76% cap) with all units at $1,800/month. Priced at $130,800 per unit, below the recent 20020 multifamily sales average. Located in a Federal Opportunity Zone and HUBZone. Safeway is 0.1 mile away, and Skyland Town Center, with Lidl and new retail and housing under construction, is 0.3 mile away. Offering Memorandum with full financials available to qualified buyers.

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Home facts

  • Year built:1943
  • Listing ID #:DCDC2281998
  • Added:49 day(s) ago
  • Updated:October 26, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Luxury Vinyl Plank
  • Kitchen Description:Built-In Microwave, Disposal, Oven/Range - Electric, Water Heater
  • Living area:3,780 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Hot Water

Structure and exterior

  • Roof:Built-Up, Flat
  • Year built:1943
  • Building area:3,780 sq. ft.
  • Lot area:0.1 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar

Schools

  • High school:ANACOSTIA SENIOR
  • Middle school:KRAMER
  • Elementary school:STANTON

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$654,000
  • Price per sq. ft.:$173.02
  • Tax amount:$5,863 (2025)

Features and amenities

  • Amenities:Electric Available, Exterior Cameras, Main Entrance Lock, Security System, Smoke Detector, Surveillance Sys

Parking

  • Parking description:On Street

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