1148 OWEN PL NE, Washington, DC 20002
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Kelly Stipa

Kelly Stipa

+1(267) 249-9000
Listed by Sofia Pellegrino • Samson Properties
$1,100,000
Est. payment /mo
4,200 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $261

Subdivision Trinidad

MLS Listing ID DCDC2262604

Style Colonial

Abv Grd Liv Area 4,200

Year Built 2025

Annual Tax Amount $6,523

Tax Year 2024

Lot Size 2,304 Sqft

Acres 0.05

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.

Location

State DC

County Washington

Zoning RF-1

Interior

Hot Water Electric

Heating Central, Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Above Ground Finished SqFt 4200

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4059//0832

Ownership Fee Simple

SqFt Source 4200

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Kelly Stipa

Kelly Stipa

+1(267) 249-9000

REALTOR® | License ID: RS226297L

REALTOR® License ID: RS226297L

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