LKV Realty
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$689,000
$3,400Reward *
1732 S STREET SE, WASHINGTON, DC 20020Listing ID DCDC2263312

1732 S STREET SE, WASHINGTON, DC 20020

Active
RANDLE HEIGHTS
Last updated: Jul 21, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,720
Acres
Acres
0.07
Days on Site
Days on Site
66
Cooling
Cooling
None
Heating
Heating
Hot Water
Year Built
Year Built
1938

Fantastic opportunity to acquire a four-unit cash-flowing multifamily inside The District. This classic brick quadruplex is suitable for several buyer profiles -- including first-time home buyers, house hackers, standard owner occupants, buy-and-hold investors, multifamily operator, or developer/renovators -- seeking immediate cash flow (approx. 6% cap rate), potential for long-term appreciation, and/or value-add upside. Each unit has an in-unit washer and dryer, built-in microwave, and gas range. You can purchase four one-bed + den/enclosed patio units with flexibility for repositioning. <br> <br> Live and/or own on a quiet tree-lined residential street while being centrally located to all major points in DC. Residents/occupants of this multifamily can enjoy easy access to Anacostia Park, the riverwalk trail/path, and the newly built Anacostia Recreation Center at Ketcham. This neighborhood is one of DC’s more investable emerging submarkets that continues to experience substantial public and private investment, which is driving ongoing redevelopment, retail expansion, and business growth. Additionally, purchasers may be eligible for Opportunity Zone (OZ) benefits.<br> <br> This property is just one mile from a recently approved 15-acre, $500M Poplar Point Development of a 500,000 square foot indoor waterpark and wellness center by Therme Group! Also close by are other new development projects including the MLK Gateway, 11th Street Bridge Park, and The Bridge District. Refer to the Anacostia Business Improvement District (BID) for more information. <br> <br> This revenue-generating quadruplex is strategically located minutes from Downtown DC, National Mall, Smithsonian Museums, SW Waterfront, Chinatown, Capitol Hill, Navy Yard/Marine Barracks, Audi Field, CareFirst Arena, RFK stadium, Capital One Arena, National War College/NDU, Joint Base Anacostia-Bolling (JBAB)/DIA, DHS at St. Elizabeth’s, and NCIS, creating strong appeal for a very wide range of occupants. Convenient to I-295, I-695, Suitland Parkway, South Capitol Street, Metrobus, nearby Anacostia Metro station, DCA Airport (15 min), Andrews AFB (27 min), and National Harbor (20 min). <br> <br> Very few performing multifamily properties come available in the DC metro. Whether maintained as a cash-flowing multifamily asset (Approx. 6% cap rate), renovated for premium value (potential for 8%+ cap rate), or repositioned to optimize long-term returns, this property offers investors multiple paths to additional value creation. House hackers can make one unit your primary residence and utilize the FHA low down payment program option. This area has the momentum for continued growth making this an outstanding addition to any real estate portfolio. Seize this great opportunity to acquire a multifamily asset in a desirable central location in The District.

Property Information

Property Details

Location

Address
1732 S STREET SE
City
WASHINGTON
Zip Code
20020
Subdivision
RANDLE HEIGHTS

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
2
Full Bathrooms
4

Building

Building Information

Square Feet
2,720
Year Built
1938
Construction
Brick, Vinyl Siding
Foundation
Crawl Space
Roof
Built-Up, Architectural Shingle
Condition
Very Good

Property Taxes

Tax Annual Amount
$5,335
Tax Year
2025
Coldwell Banker Realty - Washington, (202) 387-6180

Market Report for 20020

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Bright MLS
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which it participates, and is provided by BRIGHT through a licensing agreement. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Copyright 2026 Bright MLS, Inc. Data last updated: 15 Aug 2026, 03:32 AM UTC

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