Movoto Real Estate
Sold on 07/02/2024
  • Other
  • Exterior
  • Entry Way
  • Kitchen
  • Bath
  • View/Area

414 Oklahoma Ave NE, Washington, DC 20002

$768,000

Last sold 07/02/2024 for $735K

  • bed

  • bath

  • 1,120

    Sqft ($656/Sqft)

Multi-family not for sale

About 414 Oklahoma Ave NE

Property type Multi-family
Neighborhood
Year built 1945
HOA fee $0/month
Lot size 892 Sqft
Movoto estimate
Rental estimate
Property description
This is a rare opportunity to own a well-maintained duplex (with an assumable loan) in the heart of Kingman Park, complete with tenants generating over $60,000/yr in rental income. Both units are currently leased using the voucher program, providing immediate cash flow for the savvy investor. Rented at $2,648/unit, each unit features 1 bedroom, 1 bathroom with an in-unit washer/dryer, H/W floors, and ample storage space. Conveniently located directly across from RFK Stadium, this property offers a prime location with strong rental demand. Don't miss out on this incredible investment opportunity! Photos are from prior sale in 2017. Both units are currently occupied month-to-month. All tenants are current on payments. T-12 available upon request.
Listed by
Listing Agent - Taelor Salmon
Listing Office - Coldwell Banker Realty - Washington
Source: Bright MLS mls logo
MLS#DCDC2134006 • last updated 8 months ago
Movoto checked Bright MLS for data 10 minutes ago
Overview
Cooling/AC None, Electric
Heating Natural Gas
Levels/Style Dwelling With Rental
Type Multi-Family
SubType Duplex
Status Closed
SqFt 1120
Lot Size (SqFt) 892
Lot Size (Acres) 0.02
City/ Town Tax 6178
Tax: Assessed Value 726870
Annual Property Tax 6178
Year Built 1945
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Total # of Rooms 4
Appliances Disposal, Washer, Refrigerator, Oven/Range - Gas
Accessibility Features 32"+ Wide Doors
Exterior
Construction Brick
Parking Desc On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Approved System
Pool No Pool
Location
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Directions Oklahoma Ave, Across From RFK
Zoning R1
Multifamily Details
# 1-Bedroom Units 2
# Units Month To Month 2
Gross Income 63552
Net Operating Income 53330
Operating Expense 10222
Cap Rate 6.7
Income Includes Apartment Rentals
Lot/ Land Details
Soil Types Chillum-Urban Land Complex
$768K
Range: $622K-$913K
Last 30 days 
Rental est.: $1,216/month
Gross rent multiplier: 50.4
  • Jul 2024
    Public Records
  • Jul 10, 2024 Sold
    $735,000
  • Jul 2024
    mls logo MLS # DCDC2134006
  • Jul 3, 2024 Sold
    $735,000 (-5.1%)
  • Jun 4, 2024 Pending
  • Jun 4, 2024 Active
  • May 6, 2024 Price Change
    $774,900 (-3.1%)
  • Mar 25, 2024 Listed
    $799,900
  • Mar 25, 2024 Listed
    $799,900 (+49.5%)
  • Jan 2018
    Public Records
  • Jan 23, 2018 Sold
    $535,000
  • Aug 2017
    mls logo MLS # 1001395203
  • Aug 26, 2017 Sold
    $535,000 (+1.9%)
  • Jul 9, 2017 Listed
    $525,000 (+72.1%)
  • Jul 2017
    mls logo MLS # DC9999696
  • Jul 10, 2017 Cntg
  • Jul 9, 2017 Listed
    $525,000
  • Oct 2016
    Public Records
  • Oct 31, 2016 Sold
    $305,000
  • Year Property taxes Tax assessment
  • 2024
    $6,315 +1.1%
    $742,990 +2.22%
  • 2023
    $6,247 +7.1%
    $726,870 +5.97%
  • 2022
    $5,831 +29.3%
    $685,940 +8.86%
  • 2021
    $4,511 +9.9%
    $630,140 +11.94%
  • 2020
    $4,106 +9.8%
    $562,950 +9.35%
  • 2019
    $3,740 +61.5%
    $514,810 +48.9%
  • 2018
    $2,315 -15.2%
    $345,740 +7.61%
  • 2017
    $2,731 +7.8%
    $321,300 +7.83%
  • 2016
    $2,533 +15.0%
    $297,960
  • 2015
    $2,202
  • 414 Oklahoma Ave NE
    $735K
  • Capitol Hill
    $665K -16% y/y
  • 20002
    $575K -4% y/y
  • Washington
    $524K -7% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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