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1148 Owen Pl NE, Washington, DC 20002

$1,100,000
•
  • —

    bed

  • —

    bath

  • 4,200

    Sqft ($262/Sqft)

Multi-family for sale 128 days
$50K price drop
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About 1148 Owen Pl NE

Property type Multi-family
Neighborhood
Year built 2025
HOA fee $0/month
Lot size 2,304 Sqft
Movoto estimate
Rental estimate
Property description
INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.
Listed by
Listing Agent - Sofia A Pellegrino
Listing Office - Samson Properties
Source: Bright MLS mls logo
MLS#DCDC2262604 • last updated 3 months ago
Movoto checked Bright MLS for data 5 minutes ago
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Overview
Cooling/AC Central A/C, Electric
Heating Electric
Levels/Style Colonial
Type Multi-Family
SubType Quadruplex
Status Active
SqFt 4200
Lot Size (SqFt) 2304
Lot Size (Acres) 0.05
County Tax 0, Annually
City/ Town Tax 6523
Tax: Assessed Value 749420
Annual Property Tax 6523
Year Built 2025
Condition Major Rehab Needed
New Construction (Y/N) Y
Foreclosure (Y/N) N
Interior
Accessibility Features None
Exterior
Construction Brick
Parking Desc On Street, Parking Lot
# Parking Spaces 4
# Parking Lot Spaces 4
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision TRINIDAD
Water Source Public
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Directions East On Florida Ave To Left On West Virginia, Right On Owen Place
Zoning RF-1
Multifamily Details
# 3-Bedroom Units 4
Lot/ Land Details
Soil Types Unknown
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3/10
Wheatley Education Campus
public Grades PK, K-8
District Of Columbia Public Schools
4/10
Dunbar High School
public Grades 9-12
District Of Columbia Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • DC
  • District Of Columbia County
  • Washington
  • 20002
  • Trinidad - Langston
  • 1148 Owen Pl NE

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The multiple listing information is provided by BRIGHT MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
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Information Deemed Reliable But Not Guaranteed
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 Movoto 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. Data last updated: 9/24/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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