Washington, DC 20020 1622 R Street SE

Presented By: Long & Foster Real Estate, Inc.
  • MLS# DCDC2197534
  • 04/25/2025
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  • SQFT • 8,267

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Investor Alert Exceptional Multi-Family Opportunity in Anacostia! 1622 R Street SE, Washington, DC 20020 A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment unitsideal for an investor ready to bring the project to completion. Zoned RA-2 on a 3,693 sq. ft. lot Estimated 8,267 total sq. ft. Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each Rear alley access with room for 34 parking spaces Structure is framed; no permits included Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment. Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals. An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.
Presented By: Long & Foster Real Estate, Inc.

Interior Features for 1622 R Street SE

Other Interior Features

Central Air Y/NYes
FlooringOther
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories4

General for 1622 R Street SE

Acceptable FinancingCash, Private, Other
AccessibilityNone
Business TypeApartment Building
CityWASHINGTON
Construction MaterialsBrick, Rough-In Plumbing
Cool FuelNatural Gas
CoolingCentral A/C
CountyWASHINGTON
Directions1622 R St SE Washington DC 20020
DisclosuresNone
ElectricOther
HeatingCentral
Legal SubdivisionAnacostia
Lot Size Square Feet3693.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-25T10:47:42
New ConstructionNo
Number Of Units Total7
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG96.76
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount73694.0
Tax Assessed Value1540620.0
Tax Lot8
Tax Year2024
UtilitiesAbove Ground, Other
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1936
Year Built SourceEstimated
ZoningRA2

Exterior for 1622 R Street SE

Building Area Total8267.00
Car Parking Spaces4
Land Assessed Value204110.00
Land Use Code
Lot Size Acres0.08
Lot Size SourceEstimated
Navigable Water Y/NNo
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces4
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $799,900
MLS#DCDC2197534
List Date 04/25/2025
Property Type Commercial
Phone 703.929.4729
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