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Sold on 10/14/2022
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607 18th St NE, Washington, DC 20002

$692,000

Last sold 10/14/2022 for $749K

  • —

    bed

  • —

    bath

  • 840

    Sqft ($893/Sqft)

Multi-family not for sale
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About 607 18th St NE

Property type Multi-family
Neighborhood
Year built 1926
HOA fee $0/month
Lot size 871 Sqft
Movoto estimate
Rental estimate
Property description
Price improvement of $50,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 1-2 bedroom 1 bath unit and 2-1 bedroom 1 bath unit. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. Here is a chance to own an investment property in an up and coming area with a ton of construction going on in the area. This is a cash cow! Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.
Listed by
Listing Agent - Samuel R Davis
Listing Office - Long & Foster Real Estate, Inc.
Source: Bright MLS mls logo
MLS#DCDC2064430 • last updated 3 years ago
Movoto checked Bright MLS for data 5 minutes ago
Overview
Cooling/AC None, Electric
Heating Electric, Central
Levels/Style Colonial
Type Multi-Family
SubType Duplex
Status Closed
SqFt 840
Lot Size (SqFt) 923
Lot Size (Acres) 0.02
City/ Town Tax 3808
Tax: Assessed Value 468840
Annual Property Tax 3808
Year Built 1926
Condition Very Good
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Appliances Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Range Hood, Refrigerator, Stove, Washer, Water Heater
Window Features Double Pane
Accessibility Features None
Exterior
Construction Brick
Foundation Block
Parking Desc Alley, On Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision OLD CITY #1
Water Source Public
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Directions Take Benning Road East To 18th And Turn Right. Then To 607 18th.
Zoning RF1
Multifamily Details
# 1-Bedroom Units 1
# 2-Bedroom Units 1
Gross Income 58497
Net Operating Income 28326
Operating Expense 14929
Cap Rate 3.8
Lot/ Land Details
Soil Types Urban Land-Sassafras-Chillum
$692K
Range: $567K-$816K
Last 30 days 
Rental est.: $1,203/month
Gross rent multiplier: 52.0
  • Nov 2022
    Public Records
  • Nov 21, 2022 Sold
    $749,900
  • Oct 2022
    mls logo MLS # DCDC2064430
  • Oct 14, 2022 Sold
    $749,900
  • Oct 7, 2022 Pending
    —
  • Sep 7, 2022 Active
    —
  • Aug 28, 2022 Listed
    $749,900
  • Jun 2022
    mls logo MLS # DCDC2051838
  • Jun 24, 2022 Price Change
    $749,900 (-6.3%)
  • May 30, 2022 Listed
    $799,900 (+201.0%)
  • Dec 2019
    Public Records
  • Dec 30, 2019 Sold
    $265,750
  • Year Property taxes Tax assessment
  • 2024
    $5,875 +0.5%
    $691,230 +0.94%
  • 2023
    $5,848 +46.8%
    $684,820 +46.07%
  • 2022
    $3,985 +4.6%
    $468,840 +4.64%
  • 2021
    $3,808 +78.9%
    $448,050 +5.27%
  • 2020
    $2,129 +9.6%
    $425,640 +5.7%
  • 2019
    $1,942 +9.3%
    $402,700 +3.14%
  • 2018
    $1,777 +9.5%
    $390,450 +5.82%
  • 2017
    $1,623 +9.6%
    $368,980 +11.19%
  • 2016
    $1,481 +9.8%
    $331,850
  • 2015
    $1,349
    —
  • 607 18th St NE
    $749K
  • Kingman Park
    $699K 0% y/y
  • 20002
    $569K -10% y/y
  • Washington
    $549K -5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Miner Elementary School
public Grades PK, K-5
District Of Columbia Public Schools
4/10
Eliot-Hine Middle School
public Grades 6-8
District Of Columbia Public Schools
3/10
Eastern High School
public Grades 9-12
District Of Columbia Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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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 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: 11/12/2026. 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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