Investor Alert – Exceptional Multi-Family Opportunity in Anacostia! 1622 R Street SE, Washington, DC 20020 A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion. Zoned RA-2 on a 3,693 sq. ft. lot Estimated 8,267 total sq. ft. Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each Rear alley access with room for 3–4 parking spaces Structure is framed; no permits included Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment. Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals. An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.
Foreclosure
$799,900
1622 R St SE, Washington, DC 20020
1beds
1baths
8,267sqft
Townhouse
Built in 1936
-- sqft lot
$-- Zestimate®
$97/sqft
$-- HOA
What's special
Four-story buildingRear alley accessSeven well-sized apartment units
- 11 days
- on Zillow |
- 173 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 03:40am
Listed by:
Nadia Aminov 571-331-9745,
Long & Foster Real Estate, Inc.,
Listing Team: The Pennye Green Team, Co-Listing Team: The Pennye Green Team,Co-Listing Agent: Pennye Green 202-247-5668,
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: DCDC2197804

Travel times
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Natural Gas
Appliances
- Included: Electric Water Heater
Features
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 8,267
- Total interior livable area: 8,267 sqft
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,693 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade
- Parcel number: 5597//0008
- Zoning: RA2
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick, Rough-In Plumbing
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground, Other
Community & HOA
Location
- Region: Washington
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $1,540,620
- Annual tax amount: $73,694
- Date on market: 4/28/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Private Financing Available,Other
- Ownership: Fee Simple
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