Washington DC Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1927
- Baths:
- MLS#:
- DCDC2166872
ADDITIONAL INFORMATION
Welcome to 5135 Macarthur Blvd NW, an exceptional property in one of Washington, DC's most sought-after neighborhoods, offering the rare potential of mixed-use zoning (MUâ3). This unique zoning not only provides flexibility for residential or light commercial purposes but also sets the stage for a lucrative investment opportunity. Currently designed as a tri-plex, this property presents the ideal setup for a live-in investment. Imagine living in one unit while generating income through short- or long-term rentals in the others, including potential Airbnb income. Each unit has been thoughtfully arranged to maximize privacy and comfort, making this property perfect for homeowners who want to live comfortably while offsetting expenses or for investors looking to capitalize on DC's strong rental market. Located on a vibrant stretch of Macarthur Blvd, you're steps away from charming cafes, boutique shops, and convenient public transit options, all while nestled in a beautiful, tree-lined neighborhood. Embrace the benefits of city living with the added flexibility and potential for income. Seize the chance to create your own investment success story in this prime DC location!
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Washington Real Estate
The median home value in Washington, DC is $644,900. This is higher than the county median home value of $640,500. The national median home value is $338,100. The average price of homes sold in Washington, DC is $644,900. Approximately 37.39% of Washington homes are owned, compared to 52.68% rented, while 9.93% are vacant. Washington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Washington real estate agent to arrange a tour today!
Washington, District of Columbia 20016 has a population of 683,154. Washington 20016 is more family-centric than the surrounding county with 26.44% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia 20016 is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington 20016 is 34.3 years.
Washington Weather
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.