323 54th Street, WASHINGTON, District of Columbia image 1
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MLS: #DCDC2272806, Listed By: Rochelle Frazier Gray, Long & Foster Real Estate, Inc., Source:Bright MLS

323 54th Street

WASHINGTON, DC 20019
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$429,000 $1,808/Mo
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Bed 3

Bed

Bath 0

Bath

SqFt1,637

Sqft

Acres0.07

Acre(Lot)

GREAT INVESTMENT OPPORTUNITY — FULLY VACANT TRIPLEX WITH 3 UPDATED UNITS! Seller is willing to assist with some of Buyer’s closing costs or offer concessions. Please inquire for additional details. Fully available and vacant — no TOPA needed! This TRIPLEX presents an excellent opportunity for an investor, owner-occupant, or buyer looking to maximize rental potential. The property features three upgraded, good-sized one-bedroom units, each of which previously rented for approximately $1,350 per month. All three units are now fully vacant and available, giving the new owner the flexibility to select their own tenants, establish new leases, or live in one unit while renting the other two. Based on the previous rental rate, the property has demonstrated potential for approximately $4,050 pe r month in gross rental income when fully leased. Each unit has been updated and is in really good condition, making this a great opportunity to put the property to work with minimal initial hassle. The property also offers a large rear yard with potential for off-street parking and outdoor entertaining space. Each unit has rear access, providing convenient access to the outdoor area. The location is another major advantage, with several schools in the surrounding area and the property situated just minutes from the Capitol Heights Metro Station, providing convenient access to transportation and the greater DC area. Future neighborhood development includes DC Housing Authority redevelopment of the neighboring Richardson Dwellings, which is expected to include condos/townhomes. Buyers are encouraged to visit the DC Housing Authority’s website and conduct their own due diligence for the most current and specific information regarding the proposed redevelopment. Property Highlights: * Triplex with 3 one-bedroom units * All units currently vacant * No TOPA needed * Previously rented for approximately $1,350 per unit * Potential gross rental income of approximately $4,050/month at previous rental rates * All three units updated and in good condition * Live in one unit and rent the other two, or rent all three * Large rear yard * Potential for off-street parking * Outdoor entertaining potential * Rear access for each unit * Minutes from Capitol Heights Metro Station * Seller willing to assist with closing costs or concessions * Nearby proposed redevelopment may create additional neighborhood investment and housing Whether you're an investor looking for your next income-producing property or an owner-occupant seeking rental income to offset your housing costs, this versatile triplex is worth a look!

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Detail Ic Property Details

Property Type : Residential Income

Price : $429,000

AD Id : 87903625

MLS Id : DCDC2272806

Beds : 3

Lot Size : 0.07 Acre

Living Area Size : 1,637 Sq. Ft

Tax Amount : $1,996

Year Built : 1951

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 3

  • Interior Features

    Appliances: Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: None, Electric

  • Building Information

    Year Built: 1951 Building Area Total: 1776 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 2896

  • Listing Price Information

    Listing Price: $429000

  • Tax Information

    Parcel Number: 5252//0813 Tax Lot: 813 Tax Year: 2025 Annual Tax: $1996

  • Parking Information

    None

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: WOODSON H.D. SENIOR

  • Location Information

    Direction: East Capitol Street to left onto 55th Street to left onto Blaine Street to right onto 54th Street... Welcome Home!! WaterSource: Public
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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 @ 01:48

MLS: DCDC2272806 LISTED BY: Rochelle Frazier Gray, Long & Foster Real Estate, Inc. 202-547-9200 SOURCE: Bright MLS

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