About 1944 3rd St Ne
This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1–4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.
Features of 1944 3rd St Ne
| MLS® # | DCDC2278384 |
|---|---|
| Price | $4,750,000 |
| Total Number Of Units | 4 |
| Square Footage | 8,636 |
| Acres | 0.16 |
| Year Built | 2023 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 1944 3rd St Ne |
|---|---|
| Subdivision | ECKINGTON |
| City | WASHINGTON |
| County | WASHINGTON-DC |
| State | DC |
| Zip Code | 20002 |
| Dir Suffix | NE |
Amenities
| Utilities | Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Hot Water |
|---|---|
| Cooling | Window Unit(s) |
| # of Stories | 3 |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Flat |
| Construction | Brick |
| Foundation | Block |
Additional Information
| Date Listed | August 13th, 2026 |
|---|---|
| Days on Market | 18 |
| Zoning | R4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Business Use | Apartment Building |
Listing Details
| Office | Long & Foster Real Estate, Inc. |
|---|