HouseCanary, Inc. Brokerage

2905 30th St SE, Washington, DC 20020

Multifamily
8 Beds
4 Baths
3,128 Sq Ft
90 Days on Market

Listing Agent & Comments

Ari FiroozabadiGreysteel Company LLC
202-280-2722midatlanticmf@greysteel.com License #PB98361353
Welcome to 2905 30th Street SE, a beautifully renovated four-unit apartment building in the flourishing Randle Heights neighborhood of Washington, DC. This property seamlessly combines modern upgrades, immediate cash flow potential, and a prime location, making it an ideal investment opportunity for seasoned investors or first-time buyers. Completely gut-renovated in 2018, the property boasts upgraded systems, electrical, appliances, and exteriors, offering a turnkey solution for new ownership. With two units currently occupied and generating strong average rents of $1,944 per month, this asset delivers immediate income while leaving room for future growth. Additionally, its rent control-exempt status provides the flexibility to adjust rents as the market evolves, enhancing long-term returns. For owner-occupants, this property offers a unique house-hacking opportunity. Live in one of the vacant two-bedroom units while renting out the other three, significantly reducing your monthly mortgage compared to market rents for similar units. The location further elevates this investment. Situated steps from the newly developed Skyland Town Center, the property benefits from proximity to Southeast DC’s premier mixed-use development, featuring 275,000 square feet of retail space, residential units, and top-tier retailers like CVS, LIDL, and Starbucks. This vibrant community hub highlights the neighborhood’s growth and potential. Don’t miss the opportunity to own a fully updated, cash-flowing property in a rapidly transforming area. Whether you’re looking for immediate returns or long-term appreciation, 2905 30th Street SE is a smart investment in one of DC’s most promising neighborhoods.

MLS# DCDC2173052 • Data provided by BRIGHTMLS
Additional home details
Living Area3,128 Sq.Ft.
Lot Size7,170 Sq.Ft.
Total Rooms16
Bedrooms8
Bathrooms4
Stories2
Year Built1943
Property TypeMultifamily
ZoningRA-1
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$6,602
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$898,183
ComeHome Estimated Value
What influenced our estimate?
Typical homes in this area were built in 1980, are on average 2,652 sq. ft., have 3 beds, and have 1 bathroom.
Baths
3 more baths than the typical bath count
+ $56,200 to value
Home
476 square feet larger than the typical square footage
+ $50,600 to value
Age
37 years older than the typical age
- $20,000 to value
Beds
5 more bedrooms than the typical bedroom count
+ $12,300 to value
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For Sale $899,000
Estimated monthly payment $4,617
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Courtesy of Greysteel Company LLC