$ 830,000
-
$830,000
Price -
4
Bed -
0
Bath -
2,640
SqFt
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About the Listing KWCP1 - 3101351,3344791
Exceptional multifamily opportunity in the highly sought-after 16th Street Heights neighborhood! 1348 Nicholson presents a rare chance to own a well-maintained four-unit building in one of Northwest DC’s most desirable and steadily appreciating communities. Situated on an oversized lot, this property offers significant value-add potential, including the ability to add up to four rear parking spaces—an attractive feature for both tenants and future resale value. The building has been well cared for and provides strong income-producing potential for investors seeking both immediate cash flow and long-term appreciation. Each unit offers functional layouts, and buyers will appreciate the additional upside as similar properties in the area have converted existing dens into bedrooms, creating four 2-bedroom units and maximizing rental income potential. Whether maintained in its current configuration or repositioned for higher returns, this asset presents multiple pathways for growth. Located just moments from the 16th Street corridor, residents enjoy convenient access to downtown DC, public transportation, parks, restaurants, shopping, and neighborhood amenities that continue to make 16th Street Heights a strong rental and investment market. A rare opportunity to secure a solid multifamily asset with location, lot size, and future upside all in one package.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
DCDC2265332
Year Built
1935
Total Square Footage
2,640
Lot/Acreage
0.13
County
Washington
School District
District Of Columbia Public Schools
Elementary School
Brightwood Educational Campus
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2640
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: RA
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $8,096
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1348 Nicholson St NW Washington, DC 20011
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