Washington, DC 20020,1725 29TH ST SE
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Washington, DC 20020,1725 29TH ST SE
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Listed by Ari Firoozabadi • Greysteel Company LLC
$ 750,000
Est. payment /mo
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Under Contract

1725 29TH ST SE Washington, DC 20020

3,926 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID DCDC2241350

Year Built 1939

Annual Tax Amount $4,042

Tax Year 2025

Lot Size 3,926 Sqft

Acres 0.09

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

"THE OPPORTUNITY
1725 29th Street SE offers a stabilized five-unit multifamily asset in the Randle Highlands neighborhood of Southeast Washington, DC. The building is comprised of five 3BR/1BA units, all fully occupied, with an average in-place rent of $1,816.50. With large unit layouts and strong in-place cash flow, this property presents a turn-key opportunity for investors seeking immediate yield in a high-demand rental market.

RENTAL STABILITY WITH FAMILY-SIZED UNITS
All five units are fully leased, providing dependable income from day one. Each unit features a three-bedroom layout, ideal for families or shared housing arrangements. The consistent demand for multi-bedroom units in Southeast DC positions the asset well for long-term occupancy and cash flow stability.
IN-PLACE CASH FLOW WITH RENTAL UPSIDE
At an average rent of $1,816.50, the property is currently producing strong gross income. However, there is still upside potential through future rent growth or light value-add upgrades. The property offers a strong foundation for both short-term income and long-term equity growth.

ACCESS TO SCHOOLS AND COMMUNITY AMENITIES
The property is just a two-minute walk from Randle Highlands Elementary School, a key draw for families in the area. Its location within a residential neighborhood enhances appeal for tenants seeking affordable, family-oriented housing close to schools, parks, and local services.

WELL-CONNECTED VIA MULTIPLE BUS ROUTES
1725 29th Street SE benefits from strong public transit access. The C37 bus line provides service east to Potomac Avenue Metro Station (Orange, Blue, Silver lines) and north to Minnesota Avenue Metro Station (Orange Line). Additionally, the D1X express bus offers direct access to Downtown DC and the U.S. Capitol, connecting tenants to major employment and commercial districts without the need for a car."

Location

State DC

County Washington

Zoning RA-1

Interior

Hot Water Natural Gas

Heating Other

Cooling Wall Unit

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Other

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5636//0830

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Kipp Dc Promise Public Charter School

    Public | 1 - 4

  • 9

    Maury Elementary School

    Public | EE - 5

  • 8

    Brent Elementary School

    Public | EE - 5

  • 8

    Two Rivers Public Charter School Elementary School

    Public | PK - 8

  • 8

    Ludlow-Taylor Elementary School

    Public | EE - 5

  • 8

    Watkins/Peabody Elementary School

    Public | EE - 5

  • 8

    Kipp Dc Spring Academy

    Public | KG - KG

  • 8

    D C Preparatory Benning Elementary Public Charter School

    Public | PK - 3

  • 7

    Kipp Dc Aim Public Charter School Academy Public Charter School

    Public | 5 - 8

  • 7

    Kipp Dc Key Academy Public Charter School

    Public | 5 - 8

  • 6

    Center City Congress Heights Campus Public Charter School

    Public | PK - 8

  • 6

    Randle Highlands Elementary School

    Public | EE - 5

  • 5

    J. O. Wilson Elementary School

    Public | EE - 5

  • 5

    Eagle Academy Public Charter School Eagle Center at Mcgogney

    Public | PK - 3

  • 5

    Excel Academy Public Charter School

    Public | PK - 5

  • 5

    Achievement Preparatory Academy Public Charter School

    Public | 4 - 8

  • 5

    Tyler Elementary School

    Public | EE - 5

  • 5

    Payne Elementary School

    Public | EE - 5

  • 5

    Ketcham Elementary School

    Public | EE - 5

  • 5

    Garfield Elementary School

    Public | EE - 5

Middle Schools 20
  • 6

    Stuart Hobson Middle School

    Public | 6 - 8

  • 5

    Friendship Public Charter School Tech Preparatory

    Public | 6 - 11

  • 5

    Richard Wright Public Charter School for Journalism and Media Arts

    Public | 8 - 11

  • 5

    Seed Public Charter School of Washington Dc

    Public | 6 - 12

  • 4

    Wheatley Education Campus

    Public | EE - 8

  • 4

    Browne Education Campus

    Public | EE - 8

  • 4

    Sousa Middle School

    Public | 6 - 8

  • 4

    Cesar Chavez Public Charter School for Public Policy-Parkside High School

    Public | 6 - 8

  • 4

    Kelly Miller Middle School

    Public | 6 - 8

  • 3

    Eliot-Hine Middle School

    Public | 6 - 8

  • 3

    Benjamin Stoddert Middle School

    Public | 6 - 8

  • 2

    Hart Middle School

    Public | 6 - 8

  • 1

    Johnson Middle School

    Public | 6 - 8

  • 1

    Kramer Middle School

    Public | 6 - 8

  • 0

    Choice Academy at Emery

    Public | 7 - 11

  • 0

    Somerset Preparatory Academy Public Charter School

    Public | 6 - 8

  • 0

    McKinley Middle School

    Public | 6 - 8

  • 0

    Youth Services Center

    Public | 7 - 12

  • 0

    Friendship Public Charter School Chamberlain Middle School

    Public | 6 - 8

  • 0

    Options Public Charter School

    Public | 6 - 12

High Schools 15
  • 8

    Thurgood Marshall Academy Public Charter School

    Public | 9 - 12

  • 8

    Kipp Dc College Preparatory Public Charter School

    Public | 9 - 12

  • 7

    Phelps Architecture Construction and Engineering H

    Public | 9 - 12

  • 6

    Friendship Public Charter School Woodson Collegiate Campus

    Public | 9 - 12

  • 5

    Cesar Chavez for Public Policy Capitol Hill Public Charter School

    Public | 9 - 12

  • 5

    Eastern High School

    Public | 9 - 12

  • 5

    Cesar Chavez for Public Policy Parkside Middle School Public Charter School

    Public | 9 - 12

  • 5

    Idea Public Charter School

    Public | 9 - 12

  • 5

    Woodson High School

    Public | 9 - 12

  • 3

    National Collegiate Preparatory Public Charter School

    Public | 9 - 12

  • 1

    Ballou High School

    Public | 9 - 12

  • 1

    Anacostia High School

    Public | 9 - 12

  • 0

    Gonzaga College High School

    Private | 9 - 12

  • 0

    Ballou Stay

    Public | 9 - 11

  • 0

    Model Secondary School for the Deaf

    Private | 9 - 12

School and business data provided by Attom Data.
Zach Milligan

Zach Milligan

Agent | License ID: 0225256692

+1(503) 200-8374

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1725 29TH ST SE