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MLS: #DCDC2287192, Listed By: David Moore, Coldwell Banker Elite, Source:Bright MLS

5309 Connecticut Avenue

WASHINGTON, DC 20015
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Bed 8

Bed

Bath 0

Bath

SqFt4,063

Sqft

Acres0.04

Acre(Lot)

Exceptional investment opportunity in the heart of sought-after Chevy Chase, This presents a rare opportunity to acquire an entire four-unit multifamily property along one of Northwest Washington’s most established residential corridors. Rebuilt from the ground up in 2017, this turnkey property consists of four spacious two-bedroom residences offering modern finishes and thoughtfully designed living spaces. Each unit features an open and contemporary layout with abundant natural light, wood flooring, stainless-steel appliances, modern kitchens, and comfortable living spaces designed to appeal to today’s rental market. Adding to the property’s appeal is Unit 4, a distinctive two-level penthouse residence offering exceptional private outdoor living space and expansive views of the District from its upper level. The penthouse features a rooftop deck along with a second private deck directly off the living room, connected by a striking spiral staircase. The combination of its two-level design, multiple outdoor spaces, and elevated views creates a truly unique premium residence within the building and a feature rarely found in a four-unit multifamily property. The property is fully licensed and currently 100% leased to high-quality tenants, with all rents current, offering the next owner the benefit of immediate and stabilized rental income from day one. The building has also been professionally managed for the past two years, helping create a positive rental experience for the existing tenants while ensuring the property has been consistently monitored and maintained. Ownership has taken a proactive approach to the property during the past two years, completing numerous maintenance and improvement projects rather than allowing issues to accumulate. As a result, the building offers very little deferred maintenance and provides a new owner with the opportunity to acquire a well-managed, well-maintained multifamily asset with an established rental and management history. With approximately 4,063 total square feet, eight bedrooms across four units, and two off-street parking spaces, the property offers an attractive combination of location, modern construction, and income-producing potential. Its relatively recent construction also provides investors an opportunity to own a multifamily asset without many of the immediate capital-improvement concerns commonly associated with Washington’s older apartment inventory. Ideally positioned along Connecticut Avenue in Chevy Chase, DC, residents enjoy convenient access to neighborhood restaurants, shopping, grocery stores, parks, public transportation, and the Friendship Heights commercial district and Metro. The location combines the residential character of Upper Northwest with convenient access throughout Washington, DC and nearby Montgomery County. All four units are being conveyed together, providing an outstanding opportunity for an investor seeking a stabilized, professionally managed, and fully leased multifamily asset in one of Northwest Washington’s most desirable rental markets. With established tenants, current rents, full licensing, limited deferred maintenance, and a strong history of professional management, much of the groundwork has already been done for the property’s next owner. Rarely does an entire four-unit property of this age, condition, rental stability, and location become available along the Connecticut Avenue corridor. Don’t miss this unique opportunity to acquire a turnkey multifamily investment in sought-after Chevy Chase, DC.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,500,000

AD Id : 91753647

MLS Id : DCDC2287192

Beds : 8

Lot Size : 0.04 Acre

Living Area Size : 4,063 Sq. Ft

Tax Amount : $22,048

Year Built : 1913

County : WASHINGTON

Subdivision: Chevy Chase

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Feature Features

  • Bedroom Information

    Total beds: 8

    Room Information

    Has Basement: Yes Basement: Other
  • Flooring Information

    Wood, Vinyl
  • Roofing Information

    Rubber, Flat
  • Interior Features

    Kitchen Island, High Ceilings, Open Floorplan Roof: Rubber, Flat Appliances: Gas Range, Gas Oven, Electric Water Heater, Washer, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator Window Features: Double Pane Windows
  • Heating & Cooling

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

  • Building Information

    Year Built: 1913 Building Area Total: 4095 Construction Materials: Brick, Vinyl Siding Patio And Porch Features: Deck Pool Features: None Private Pool: No View: City
  • Exterior Features

    Exterior Features: Rain Gutters

  • Lot Information

    Lot Size Acres: 0.04 Lot Size Source: Assessor Lot Size Square Feet: 1825

    Property Information

    Subdivision: CHEVY CHASE Source Property Type: Residential Income Postal Code Plus 4: 1803 Property SubType: Quadruplex Property Age: 113

  • Listing Price Information

    Listing Price: $3500000

  • Tax Information

    Parcel Number: 1873//0073 Tax Lot: 73 Tax Year: 2026 Annual Tax: $22048

  • Parking Information

    Parking Total: 2 On Street, Private, Paved, Secured, Parking Lot

  • Location Information

    Direction: GPS - Easiest to park on the street on Jenifer St. or Jocelyn St. as parking spots in back of building are for tenants and bus stop is right up front. WaterSource: Public
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ByOwner last updated this listing 10/09/2026 @ 13:39

MLS: DCDC2287192 LISTED BY: David Moore, Coldwell Banker Elite 703-445-9100 SOURCE: Bright MLS

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