5309 Connecticut Ave Nw, Washington, DC 20015
Local realty services provided by:CENTURY 21 Charles Smith Agency, Inc.
5309 Connecticut Ave Nw,Washington, DC 20015
$3,500,000
- 8 Beds
- - Baths
- 4,063 sq. ft.
- Multi-family
- Active
Listed by: david a moore, cherish r green
Office: coldwell banker elite
MLS#:DCDC2287192
Source:BRIGHTMLS
Price summary
- Price:$3,500,000
- Price per sq. ft.:$861.43
About this home
Exceptional investment opportunity in the heart of sought-after Chevy Chase, This presents a rare opportunity to acquire an entire four-unit multifamily property along one of Northwest Washington’s most established residential corridors.
Rebuilt from the ground up in 2017, this turnkey property consists of four spacious two-bedroom residences offering modern finishes and thoughtfully designed living spaces. Each unit features an open and contemporary layout with abundant natural light, wood flooring, stainless-steel appliances, modern kitchens, and comfortable living spaces designed to appeal to today’s rental market.
Adding to the property’s appeal is Unit 4, a distinctive two-level penthouse residence offering exceptional private outdoor living space and expansive views of the District from its upper level. The penthouse features a rooftop deck along with a second private deck directly off the living room, connected by a striking spiral staircase. The combination of its two-level design, multiple outdoor spaces, and elevated views creates a truly unique premium residence within the building and a feature rarely found in a four-unit multifamily property.
The property is fully licensed and currently 100% leased to high-quality tenants, with all rents current, offering the next owner the benefit of immediate and stabilized rental income from day one. The building has also been professionally managed for the past two years, helping create a positive rental experience for the existing tenants while ensuring the property has been consistently monitored and maintained.
Ownership has taken a proactive approach to the property during the past two years, completing numerous maintenance and improvement projects rather than allowing issues to accumulate. As a result, the building offers very little deferred maintenance and provides a new owner with the opportunity to acquire a well-managed, well-maintained multifamily asset with an established rental and management history.
With approximately 4,063 total square feet, eight bedrooms across four units, and two off-street parking spaces, the property offers an attractive combination of location, modern construction, and income-producing potential. Its relatively recent construction also provides investors an opportunity to own a multifamily asset without many of the immediate capital-improvement concerns commonly associated with Washington’s older apartment inventory.
Ideally positioned along Connecticut Avenue in Chevy Chase, DC, residents enjoy convenient access to neighborhood restaurants, shopping, grocery stores, parks, public transportation, and the Friendship Heights commercial district and Metro. The location combines the residential character of Upper Northwest with convenient access throughout Washington, DC and nearby Montgomery County.
All four units are being conveyed together, providing an outstanding opportunity for an investor seeking a stabilized, professionally managed, and fully leased multifamily asset in one of Northwest Washington’s most desirable rental markets. With established tenants, current rents, full licensing, limited deferred maintenance, and a strong history of professional management, much of the groundwork has already been done for the property’s next owner.
Rarely does an entire four-unit property of this age, condition, rental stability, and location become available along the Connecticut Avenue corridor. Don’t miss this unique opportunity to acquire a turnkey multifamily investment in sought-after Chevy Chase, DC....
Contact an agent
Home facts
- Year built:1913
- Subdivision & Development:CHEVY CHASE
- Listing ID #:DCDC2287192
- Added:17 day(s) ago
- Updated:October 26, 2026 at 01:39 PM
Rooms and interior
- Bedrooms:8
- Flooring:Luxury Vinyl Plank
- Kitchen Description:Breakfast Area, Combination Kitchen/Living, Dishwasher, Disposal, Icemaker, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Microwave, Oven/Range - Gas, Refrigerator, Upgraded Countertops
- Basement:Yes
- Living area:4,063 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Electric
Structure and exterior
- Roof:Flat, Pitched, Rubber
- Year built:1913
- Building area:4,063 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Urban
- Architectural Style:Contemporary
- Construction Materials:Brick, Vinyl Siding
- Exterior Features:Deck(s), Gutter System
- Foundation Description:Permanent, Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$861.43
- Tax amount:$22,048 (2026)
Features and amenities
- Amenities:Double Pane Windows, Electric Alarm, Fire Detection System, Intercom, Main Entrance Lock, Sprinkler System - Indoor
Parking
- Parking description:On Street, Parking Lot, Parking Space Conveys, Paved Parking, Private, Secure Parking
New listings near 5309 Connecticut Ave Nw
- Coming Soon
$4,199,900Coming Soon5 beds 6 baths4,439 sq. ft.2034 O St Nw, WASHINGTON, DC 20036
MLS# DCDC2273580Listed by: EXP REALTY, LLC - Coming Soon
$530,000Coming Soon5 beds 3 baths1,969 sq. ft.Address Withheld By Seller, WASHINGTON, DC 20001
MLS# DCDC2285296Listed by: INDEPENDENT REALTY, INC - Coming SoonOpen Sat, 11am to 2pm
$595,000Coming Soon3 beds 3 baths1,838 sq. ft.4317 19th St Ne, WASHINGTON, DC 20018
MLS# DCDC2289362Listed by: SAMSON PROPERTIES - Coming Soon
$699,000Coming Soon4 beds 4 baths2,658 sq. ft.43 U St Ne, WASHINGTON, DC 20002
MLS# DCDC2289280Listed by: RE/MAX REALTY SERVICES - Coming Soon
$315,000Coming Soon3 beds 2 baths1,549 sq. ft.416 Se Brandywine St Se, WASHINGTON, DC 20032
MLS# DCDC2289230Listed by: FATHOM REALTY MD, LLC - Coming Soon
$650,000Coming Soon2 beds 2 baths1,120 sq. ft.118 P St Sw, WASHINGTON, DC 20024
MLS# DCDC2288078Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY - Coming Soon
$590,000Coming Soon1 beds 1 baths1,040 sq. ft.1501 1st St Sw, WASHINGTON, DC 20024
MLS# DCDC2288094Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY - Coming Soon
$195,000Coming Soon1 beds 1 baths457 sq. ft.103 Missouri Ave Nw #206, WASHINGTON, DC 20011
MLS# DCDC2289082Listed by: KELLER WILLIAMS CAPITAL PROPERTIES - Coming Soon
$180,000Coming Soon1 beds 1 baths442 sq. ft.103 Missouri Ave Nw #101, WASHINGTON, DC 20011
MLS# DCDC2289084Listed by: KELLER WILLIAMS CAPITAL PROPERTIES - Coming Soon
$593,000Coming Soon2 beds 2 baths1,120 sq. ft.116 P St Sw, WASHINGTON, DC 20024
MLS# DCDC2288038Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.