543 Florida Avenue, WASHINGTON, District of Columbia image 1
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MLS: #DCDC2276670, Listed By: Lorenzo Wooten, Marcus & Millichap Real Estate, Source:Bright MLS

543 Florida Avenue

WASHINGTON, DC 20001
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$1,425,000 $6,007/Mo
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Bed 8

Bed

Bath 0

Bath

SqFt2,100

Sqft

Acres0.01

Acre(Lot)

Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 543 Florida Avenue NW (4 -2BR/2 BA) in the highly desirable Shaw submarket of Northwest Washington, D.C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets. This asset has undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, this property delivers an attractive stablized CAP rate of 9.96%, once fully leased. This four-unit building also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers. In Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire this asset with low down payment requirements while benefiting from market-rate rents. With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellow students or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,425,000

AD Id : 88916567

MLS Id : DCDC2276670

Beds : 8

Lot Size : 0.01 Acre

Living Area Size : 2,100 Sq. Ft

Tax Amount : $9,995

Year Built : 1900

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 8

  • Interior Features

    Appliances: Electric Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: ENERGY STAR Qualified Equipment, Electric

  • Building Information

    Year Built: 1900 Building Area Total: 2100 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.01 Lot Size Source: Estimated Lot Size Square Feet: 258

  • Listing Price Information

    Listing Price: $1425000

  • Tax Information

    Parcel Number: NO TAX RECORD Tax Year: 2025 Annual Tax: $9995

  • Parking Information

    None

  • Location Information

    Direction: Corner of Florida Ave & 6th St NW WaterSource: Public
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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 @ 03:35

MLS: DCDC2276670 LISTED BY: Lorenzo Wooten, Marcus & Millichap Real Estate 202-536-3700 SOURCE: Bright MLS

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