5601 Colorado Avenue, WASHINGTON, District of Columbia image 1
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MLS: #DCDC2267490, Listed By: Alex Saenger, CENTURY 21 New Millennium, Source:Bright MLS

5601 Colorado Avenue

WASHINGTON, DC 20011
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$1,350,000 $5,691/Mo
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Bed 6

Bed

Bath 0

Bath

SqFt5,560

Sqft

Six-Unit Apartment Building | Offered at $1,350,000 Rare opportunity to acquire a well-maintained six-unit apartment building in the highly desirable 16th Street Heights / Brightwood Park area of Northwest Washington, DC. Built in 1936, this classic brick apartment building consists of six one-bedroom, one-bath units and offers investors stable income with significant long-term upside in one of DC's most established residential neighborhoods. The property features spacious one-bedroom floor plans, hardwood flooring, updated kitchens in select units, on-site laundry facilities, basement storage, and off-street parking availability. Residents enjoy convenient access to Rock Creek Park, 16th Street, public transportation, neighborhood shopping, dining, and major commuter routes throughout th e District and surrounding metropolitan area. Current operations include a mix of market-rate and voucher-assisted tenancy, creating a diversified income stream. Based on current rents, the property generates approximately $148,164 in annual gross income. After operating expenses of approximately $30,445 annually, the building produces an estimated Net Operating Income (NOI) of $117,719, resulting in an attractive 8.7% capitalization rate at the asking price of $1,350,000. This represents a compelling opportunity for investors seeking immediate cash flow and long-term appreciation potential in the Washington, DC market. All numbers based on 2025 full year expenses.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,350,000

AD Id : 82926111

MLS Id : DCDC2267490

Beds : 6

Living Area Size : 5,560 Sq. Ft

Tax Amount : $7,007

Year Built : 1936

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 6

  • Interior Features

    Appliances: Electric Water Heater, Gas Water Heater

  • Heating & Cooling

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

  • Building Information

    Year Built: 1936 Building Area Total: 5560 Construction Materials: Brick Pool Features: None Private Pool: No View: City

  • Lot Information

    Lot Description: Corner Lot, Other

    Property Information

    Subdivision: 16TH STREET HEIGHTS Source Property Type: Residential Income Postal Code Plus 4: 7813 Property SubType: Multi Family Property Age: 90

  • Listing Price Information

    Listing Price: $1350000

  • Tax Information

    Parcel Number: 2798//0016 Tax Lot: 16 Tax Year: 2024 Annual Tax: $7007

  • Parking Information

    On Street

  • Location Information

    Direction: See GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5414 3rd Street, Washington, DC, 20011 $849,900 4 -- 2,870 0.08 Acre
822 Madison Street, Washington, DC, 20011 $1,125,000 4 -- 3,344 0.04 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 @ 14:03

MLS: DCDC2267490 LISTED BY: Alex Saenger, CENTURY 21 New Millennium 301-519-8100 SOURCE: Bright MLS

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