2506 N Street, WASHINGTON, District of Columbia image 1
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MLS: #DCDC2273344, Listed By: Ari Firoozabadi, Greysteel Company LLC, Source:Bright MLS

2506 N Street

WASHINGTON, DC 20019
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$650,000 $2,740/Mo
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Bed 10

Bed

Bath 0

Bath

SqFt3,480

Sqft

Acres0.07

Acre(Lot)

"THE OPPORTUNITY 2506 N Street SE presents a four-unit multifamily opportunity in the Randle Highlands neighborhood of Southeast Washington, DC. The property includes a well-balanced unit mix of two 2BR/1BA units and two 3BR/1BA units. Currently 75% occupied with an average in-place rent of $1,800, the property is ideal for both investors and owner-occupants looking to build equity in a growing submarket. RENT CONTROL EXEMPT As a four-unit property, 2506 N Street SE qualifies for DC’s rent control exemption for first-time multifamily owners. This status allows for market-based rent increases, providing greater flexibility in rent strategy and income growth than larger, rent-controlled assets. IDEAL FOR OWNER-OCCUPANT With one of the four units currently vacant, the property presents an e xcellent opportunity for an owner-occupant to live on-site while collecting income from the remaining units. This approach provides a cost-effective path to homeownership while benefiting from steady rental income and long-term appreciation. DIVERSE, RENTABLE UNIT MIX The unit mix of two 2BR and two 3BR layouts supports broad tenant appeal, from smaller households to larger families or roommate groups. Spacious floorplans offer a competitive advantage in a rental market where demand for affordable multi-bedroom housing remains high. ACCESS TO PARKS AND OUTDOOR SPACE The property is located immediately adjacent to River Park and just a four-minute walk to Fort Dupont Park, one of DC’s largest and most historic green spaces. These amenities offer significant appeal to renters seeking outdoor access and family-friendly environments within city limits. WELL-SERVED BY TRANSIT 2506 N Street SE is located along the C31 Metrobus route, which connects to both Navy Yard and Capitol Heights Metro Stations. This direct link to major transit hubs and employment centers enhances the property’s accessibility and long-term rental demand."

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Detail Ic Property Details

Property Type : Residential Income

Price : $650,000

AD Id : 88065730

MLS Id : DCDC2273344

Beds : 10

Lot Size : 0.07 Acre

Living Area Size : 3,480 Sq. Ft

Tax Amount : $5,928

Year Built : 1941

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 10

  • Interior Features

    Appliances: Electric Water Heater

  • Heating & Cooling

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

  • Building Information

    Year Built: 1941 Building Area Total: 3480 Construction Materials: Stucco Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.07 Lot Size Source: Estimated Lot Size Square Feet: 3262

  • Listing Price Information

    Listing Price: $650000

  • Tax Information

    Parcel Number: 5554//0814 Tax Lot: 814 Tax Year: 2025 Annual Tax: $5928

  • Parking Information

    None

  • Location Information

    Direction: .
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5111 Ayers Place, Washington, DC, 20019 $1,295,000 13 -- 10,800 0.18 Acre
4633 Hillside Road, Washington, DC, 20019 $550,000 4 -- 2,520 0.09 Acre
4914-4916 Just Street, Washington, DC, 20019 $289,000 2 -- 1,420 0.06 Acre
3028 Nelson Place, Washington, DC, 20019 $575,000 -- -- 3,480 0.10 Acre

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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 10/08/2026 @ 02:45

MLS: DCDC2273344 LISTED BY: Ari Firoozabadi, Greysteel Company LLC 202-280-2722 SOURCE: Bright MLS

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