623 5TH ST NE, Washington, DC 20002
623 5TH ST NE, Washington, DC 20002
623 5TH ST NE, Washington, DC 20002
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Debbie Reynolds • Keller Williams Realty
$2,900,000
Est. payment /mo
7,825 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,825 sqft

Price per Sqft $370

Subdivision Old City #1

MLS Listing ID DCDC2275936

Style Colonial

HOA Y/N N

Abv Grd Liv Area 7,825

Year Built 1912

Available Date 2026-08-19

Annual Tax Amount $15,540

Tax Year 2026

Lot Size 3,552 Sqft

Acres 0.08

Source BRIGHT

Property Description

Investor Alert! Additional unit photography coming soon. Current interior photos showcase one of the seven units. Additional units will be professionally photographed and added as access becomes available.

Rare opportunity to acquire a seven-unit apartment building in the heart of Capitol Hill, offering strong in-place income, low operating expenses, and compelling value-add potential. With a Net Operating Income of $195,650, this well-maintained property provides immediate cash flow with opportunities for future value enhancement.

The property also includes a 1,500-square-foot carriage house, adding flexibility and further distinguishing this investment offering.

Private outdoor space is another notable feature, with every residence offering at least one private outdoor area and most featuring two private balconies, a valuable amenity in an urban setting.

Unit Breakdown:
Unit 1: 2 bedrooms, 2 bathrooms, 2 private balconies
Unit 2: 2 bedrooms, 2 bathrooms, 2 private balconies
Unit 3: 2 bedrooms, 2 bathrooms, 2 private balconies
Unit 4: 2 bedrooms, 2 bathrooms, 1 private balcony
Unit 5: 1 bedroom, 1 bathroom
Unit 6: 1 bedroom, 1 bathroom with a private covered porch
Unit 7: Carriage house 2 bedrooms, 2.5 bathrooms, two levels, balcony

Ideally located just minutes from Union Station, Metro, the H Street Corridor, Eastern Market, and the U.S. Capitol, the property offers convenient access to restaurants, cafés, shopping, parks, cultural attractions, and major transportation. The combination of spacious residences, desirable private outdoor spaces, a premier Capitol Hill location, a detached carriage house, proven income, and clear upside potential makes this an exceptional investment opportunity. Photos may be virtually staged.

Location

State DC

County Washington

Zoning R4

Interior

Hot Water Other

Heating Other

Cooling Other

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 4

Foundation Other

Above Ground Finished SqFt 7825

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 4

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Ludlow-Taylor

Middle Schools Stuart-Hobson

High Schools Eastern

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 0834//0800

Ownership Fee Simple

SqFt Source 7825

Special Listing Condition Standard


Read Less Info
Bright MLS (BMLS)

Nearby Locations

GET MORE INFORMATION

Lifetime Client Group

Lifetime Client Group

+1(855) 271-7653

TEAM | License ID: 666040

TEAM License ID: 666040

Name

Name

Phone*

Phone

Message