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MLS: #DCDC2262604, Listed By: Sofia Pellegrino, Samson Properties, Source:Bright MLS

1148 Owen Place

WASHINGTON, DC 20002
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Bed 12

Bed

Bath 0

Bath

SqFt4,200

Sqft

Acres0.05

Acre(Lot)

INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligen ce regarding permits, condo conversion status, approvals, and projected values.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 82067544

MLS Id : DCDC2262604

Beds : 12

Lot Size : 0.05 Acre

Living Area Size : 4,200 Sq. Ft

Tax Amount : $6,523

Year Built : 2025

County : WASHINGTON

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Map

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Feature Features

  • Bedroom Information

    Total beds: 12
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Central, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2025 Building Area Total: 4200 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.05 Lot Size Source: Estimated Lot Size Square Feet: 2304

    Property Information

    Subdivision: TRINIDAD Source Property Type: Residential Income Postal Code Plus 4: 2618 Property SubType: Quadruplex Property Age: 1

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 4059//0832 Tax Lot: 832 Tax Year: 2024 Annual Tax: $6523

  • Parking Information

    Parking Total: 4 On Street, Private, Parking Lot

  • Location Information

    Direction: East on Florida Ave to Left on West Virginia, Right on Owen Place WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2013 I Street, Washington, DC, 20002 $795,000 4 -- 2,368 0.05 Acre
1835 D Street, Washington, DC, 20002 $999,999 4 -- 2,960 0.06 Acre
811 18th Street, Washington, DC, 20002 $310,000 -- -- 1,152 0.03 Acre
1733 E Street, Washington, DC, 20002 $780,000 8 -- 3,264 0.09 Acre
1417 Maryland Avenue, Washington, DC, 20002 $1,399,000 5 -- 2,380 0.02 Acre
1210 Meigs Place, Washington, DC, 20002 $1,500,000 8 -- 2,776 0.08 Acre
1633 West Virginia Avenue, Washington, DC, 20002 $749,950 6 -- 2,782 0.12 Acre
831-833 L Street, Washington, DC, 20002 $900,000 4 -- 1,799 0.02 Acre
520 Constitution Avenue, Washington, DC, 20002 $1,950,000 6 -- 4,014 0.03 Acre
1332 North Capitol Street, Washington, DC, 20002 $999,900 6 -- 3,306 0.04 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 10/07/2026 @ 20:45

MLS: DCDC2262604 LISTED BY: Sofia Pellegrino, Samson Properties 571-378-1346 SOURCE: Bright MLS

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