4801 3rd Street Northwest

Washington, DC 20011

$1,100,000
Price
10
Beds
5
Baths
4,074 Sq. Ft.
$270 / Sq. Ft.
4,074
Sq. Ft.
$270
per Sq. Ft.

Description

Attention Investors! This is a fantastic opportunity to acquire a 5-plex in the Petworth community with significant potential for value addition. There is an opportunity to increase rents through the voucher program. Currently, the units are rented through a group rental arrangement, with the exception of one long-term voucher tenant, generating a total monthly gross rental income of $8,084. The rent reasonableness program offers $2,449 for a 2-bedroom unit in the zipcode, which could elevate the...Attention Investors! This is a fantastic opportunity to acquire a 5-plex in the Petworth community with significant potential for value addition. There is an opportunity to increase rents through the voucher program. Currently, the units are rented through a group rental arrangement, with the exception of one long-term voucher tenant, generating a total monthly gross rental income of $8,084. The rent reasonableness program offers $2,449 for a 2-bedroom unit in the zipcode, which could elevate the building's pro forma rent to $12,245 per month.
  1. Listed by Abel M Gebremichael • Keller Williams Capital Properties
    P: (202)-601-0160 abel@coalitionpg.com

Property Details for 4801 3rd Street Northwest

Tax ID Number
3323//0021
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
01-07-2025
Legal Subdivision
Petworth
LISTING UPDATED: 01/03/2025 03:55 PM

Property Details for 4801 3rd Street Northwest

StatusActive
MLS #DCDC2172576
Days on Market3
Taxes$9,266 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1936
Lot Size0.06 AC / 2,436 SF
CountyDistrict of Columbia

Building Information for 4801 3rd Street Northwest

Stories-Residences4Year Built1936Building Size-Lot Size0.06 AC / 2,436 SF

Property Information for 4801 3rd Street Northwest

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $1,027,780
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $820,160
  • City Town Tax: $9,266
  • Land Assessed Value: $207,620
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RA-1
  • Tax Lot: 21
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Accounting/Legal, Insurance, Management, Repairs, Pest Control, Taxes - Real Estate
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 5
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 4
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 5
  • Beds Total: 2
  • Full Baths Count: 1
Unit 5
  • Type: Unit 3
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense: $37,924
  • Operating Expense Includes: Trash, Advertising
Financial Information
  • Net Operating Income: $59,084
  • Annual Rental Income: $97,008
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 4,074.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Soil Study Avail
  • Parcel ID: 16059932
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 4801 3rd Street Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4801 3rd Street Northwest

Taxable ValueLand$207,620Additions$882,500Total$1,090,120
Tax Record2024$10,193 ($849 / month)
Home Facts
Total Finished SqFt4,259 SqFtAbove Grade Finished SqFt4,259 SqFtStories2Lot Size2,436 SqFtStyleMulti-Family Dwelling (2-4)Year Built1936Year Renovated2004ZoningRA-1CountyDISTRICT OF COLUMBIAAPN3323 0021

Schools near 4801 3rd Street Northwest

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Barnard Elementary School
Public - PK to 5
MacFarland Middle School
Public - 6 to 8
Roosevelt High School @ MacFarland
Public - 9 to 12
Roosevelt STAY High School @ MacFarland
Public - 9 to 12
Rating
School
Distance
Barnard Elementary School
PublicPK to 5

MacFarland Middle School
Public6 to 8

Roosevelt High School @ MacFarland
Public9 to 12

Roosevelt STAY High School @ MacFarland
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4801 3rd Street Northwest, Washington, DC 20011

4801 3rd Street Northwest is a multi-family home for sale in Washington, DC 20011. This property was listed for sale on January 3, 2025 by Keller Williams Capital Properties, it's currently listed at $1,100,000. It has been on the market for a total of 3 days and was last sold on May 14, 2004. This listing's school district is District Of Columbia Public Schools. Nearby schools include Barnard Elementary School, MacFarland Middle School and Roosevelt High School @ MacFarland. 4801 3rd Street Northwest is a 10-bed, 5-bath, 4,074 sqft multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Properties

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 01/03/2025 03:55 PM