1911 8th St NW,WASHINGTON, DC 20001
WASHINGTON, DC 20001
Description
New Price Improvement - 10-23-2026. Seller is also offering a 2% Interest Rate Buydown Concession Marcus & Millichap is pleased to exclusively present a fully renovated two-unit apartment buildings located at 1911 8th Street NW (2 -2BR/2 BA) in the highly desirable Shaw submarket of Northwest Washington, D.?C.? The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District's most resilient rental markets.?There is also an opportunity to purchase a renovated four unit at 543 Florida Avenue NW. This asset has undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability.? From a financial standpoint, the property delivers an attractive CAP rate of 7.00%, This two-unit building also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income.? FHA financing is available for qualified buyers.? In Washington, D.?C.?, the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire this asset with low down payment requirements while benefiting from market-rate rents.? With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellow students or young professionals.? This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation.? The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership.
Details
| MLS # | DCDC2276712 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 97 |
| Listing Provided By | Marcus & Millichap Real Estate | Lorenzo M Wooten Jr. |
Features
| SQ Feet | 1,942 |
|---|---|
| Units | 2 |
| Zoning | RA |
| Acreage | 0.04 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Slab |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Water Available, Sewer Available |
|---|
Taxes
| Tax Annual Amount | 8236 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20001 |
| Area | WASHINGTON DC |
| Community Name | SHAW |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in SHAW) | |
Price: $960,000 low | high Med: $799,000 sqft: 1,942 low | high Med: 1,136 $ / sqft: $494 low | high Med: $703 On site: 97 low | high Med: 42 | |
Market Activity 20001
Request a showing
Request a showing
Contact
Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20001 |
| Area | WASHINGTON DC |
| Community Name | SHAW |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in SHAW) | |
Price: $960,000 low | high Med: $799,000 sqft: 1,942 low | high Med: 1,136 $ / sqft: $494 low | high Med: $703 On site: 97 low | high Med: 42 | |
