543 Florida Ave Nw, Washington, DC 20001
Local realty services provided by:CENTURY 21 The Real Estate Store
543 Florida Ave Nw,Washington, DC 20001
$1,425,000
- 8 Beds
- - Baths
- 2,100 sq. ft.
- Multi-family
- Active
Listed by: lorenzo m wooten jr.
Office: marcus & millichap real estate
MLS#:DCDC2276670
Source:BRIGHTMLS
Price summary
- Price:$1,425,000
- Price per sq. ft.:$678.57
About this home
Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 543 Florida Avenue NW (4 -2BR/2 BA) in the highly desirable Shaw submarket of Northwest Washington, D.C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets.
This asset has undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, this property delivers an attractive stablized CAP rate of 9.96%, once fully leased.
This four-unit building also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers. In Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire this asset with low down payment requirements while benefiting from market-rate rents.
With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellow students or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:DCDC2276670
- Added:47 day(s) ago
- Updated:September 17, 2026 at 01:42 PM
Rooms and interior
- Bedrooms:8
- Living area:2,100 sq. ft.
Heating and cooling
- Cooling:Energy Star Cooling System
- Heating:Central, Electric
Structure and exterior
- Year built:1900
- Building area:2,100 sq. ft.
- Lot area:0.01 Acres
- Architectural Style:Art Deco
- Construction Materials:Brick
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,425,000
- Price per sq. ft.:$678.57
- Tax amount:$9,995 (2025)
New listings near 543 Florida Ave Nw
- Coming Soon
$1,075,000Coming Soon3 beds 2 baths1,542 sq. ft.3708 Jocelyn St Nw, WASHINGTON, DC 20015
MLS# DCDC2283196Listed by: COMPASS - Coming Soon
$679,000Coming Soon1 beds 1 baths810 sq. ft.2425 L St Nw #520, WASHINGTON, DC 20037
MLS# DCDC2283366Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - Coming SoonOpen Tue, 1 to 3pm
$2,325,000Coming Soon6 beds -- baths3,020 sq. ft.1818 S Nw, WASHINGTON, DC 20009
MLS# DCDC2282296Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - Coming Soon
$1,650,000Coming Soon4 beds 4 baths3,054 sq. ft.607 Q St Nw, WASHINGTON, DC 20001
MLS# DCDC2280966Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - Coming Soon
$885,000Coming Soon3 beds 1 baths1,779 sq. ft.6610 5th Nw, WASHINGTON, DC 20012
MLS# DCDC2282064Listed by: SAMSON PROPERTIES - Coming SoonOpen Sat, 12 to 2pm
$585,000Coming Soon2 beds 2 baths906 sq. ft.1020 Monroe St Nw #409, WASHINGTON, DC 20010
MLS# DCDC2281144Listed by: CORCORAN MCENEARNEY - Coming Soon
$535,000Coming Soon2 beds 2 baths742 sq. ft.4319 Harrison St Nw #2, WASHINGTON, DC 20015
MLS# DCDC2283494Listed by: FAIRFAX REALTY SELECT - Coming SoonOpen Sun, 1 to 3pm
$775,000Coming Soon5 beds 3 baths1,916 sq. ft.504 Buchanan St Nw, WASHINGTON, DC 20011
MLS# DCDC2283616Listed by: COMPASS - Coming SoonOpen Sat, 1 to 2pm
$1,085,000Coming Soon4 beds 4 baths2,236 sq. ft.1667 Primrose Rd Nw, WASHINGTON, DC 20012
MLS# DCDC2282962Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY - Coming Soon
$1,379,000Coming Soon6 beds 3 baths2,758 sq. ft.3415 Oakwood Ter Nw, WASHINGTON, DC 20010
MLS# DCDC2281498Listed by: LONG & FOSTER REAL ESTATE, INC.