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3,780 sqft

$654,000

2859 DENVER STREET SE, WASHINGTON DC, 20020

Price per sqft$173.02
Built in1943
Property size3,780 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Sep 6, 2026

Updated 21 min ago

PRICE IMPROVEMENT! Fully renovated 5-unit multifamily in Naylor Gardens, 100% occupied and producing income from day one. Five furnished 1BR/1BA units, each with in-unit washer/dryer, smart TV and dedicated workspace. Comprehensively renovated in 2025; roof replaced in 2018. All-electric with separate meters for each unit; utilities are currently included in rent, giving a new owner flexibility. Current NOI $54,635 on actual trailing-12-month collections (8.35% cap rate at list price); pro forma NOI $63,802 (9.76% cap) with all units at $1,800/month. Priced at $130,800 per unit, below the recent 20020 multifamily sales average. Located in a Federal Opportunity Zone and HUBZone. Safeway is 0.1 mile away, and Skyland Town Center, with Lidl and new retail and housing under construction, is 0.3 mile away. Offering Memorandum with full financials available to qualified buyers.

$4,351/mo

Est. mortgage payment based on a $654,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DCDC2281998

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$5,863
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by Samson Properties
Listing Contact: 2026707029 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/12/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/12/2026 at 5:23 PM UTC

 

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