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804 Randolph St NE 4 Unit Apartment Building £655,154 (£163,789/Unit) Washington, DC 20017
Executive Summary
Brookland 4-Unit Value-Add Opportunity | Steps to Metro | Development Upside
This well-located four-unit apartment building in the heart of Brookland presents a compelling opportunity for investors seeking both immediate income and long-term upside. The property consists of four spacious one-bedroom + den units, offering strong rental appeal in a high-demand submarket.
Situated just blocks from the Brookland-CUA Metro Station (Red Line), the asset benefits from exceptional transit access and proximity to Catholic University, Monroe Street Market, and a vibrant mix of dining, retail, and neighborhood amenities. The area is anchored by major institutions including universities, hospitals, and cultural destinations, supporting consistent tenant demand.
The building offers clear value-add potential through unit renovations and operational improvements. Select units already feature in-unit washer/dryer, and all units are separately metered with 100-amp electrical service.
Notably, the property sits on a large lot that may support additional density, presenting a potential redevelopment or expansion opportunity for investors looking to maximize the site’s highest and best use (buyer to verify).
This well-located four-unit apartment building in the heart of Brookland presents a compelling opportunity for investors seeking both immediate income and long-term upside. The property consists of four spacious one-bedroom + den units, offering strong rental appeal in a high-demand submarket.
Situated just blocks from the Brookland-CUA Metro Station (Red Line), the asset benefits from exceptional transit access and proximity to Catholic University, Monroe Street Market, and a vibrant mix of dining, retail, and neighborhood amenities. The area is anchored by major institutions including universities, hospitals, and cultural destinations, supporting consistent tenant demand.
The building offers clear value-add potential through unit renovations and operational improvements. Select units already feature in-unit washer/dryer, and all units are separately metered with 100-amp electrical service.
Notably, the property sits on a large lot that may support additional density, presenting a potential redevelopment or expansion opportunity for investors looking to maximize the site’s highest and best use (buyer to verify).
Property Facts
| Price | £655,154 | Apartment Style | Low-Rise |
| Price Per Unit | £163,789 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 0.12 ac |
| No. Units | 4 | Property Size | 3,230 sq ft |
| Property Type | Build-to-Rent | No. Floors | 2 |
| Property Subtype | Apartment | Year Built | 1938 |
| Price | £655,154 |
| Price Per Unit | £163,789 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.12 ac |
| Property Size | 3,230 sq ft |
| No. Floors | 2 |
| Year Built | 1938 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent pcm | sq ft |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 3816-0001 | Improvements Assessment | £294,039 |
| Land Assessment | £323,078 | Total Assessment | £617,117 |
Property Taxes
Parcel Number
3816-0001
Land Assessment
£323,078
Improvements Assessment
£294,039
Total Assessment
£617,117
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804 Randolph St NE
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