623 5TH ST NE, Washington, DC 20002
Listed by Debbie Reynolds • Keller Williams Realty
$2,900,000
Est. payment /mo
Save
6,325 SqFt
Coming Soon

623 5TH ST NE Washington, DC 20002

Save
Additional details
Alexandra DiFilippo

Alexandra DiFilippo

+1(856) 298-9699

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 6,325 sqft

Price per Sqft $458

Subdivision Old City #1

MLS Listing ID DCDC2275936

Style Colonial

HOA Y/N N

Abv Grd Liv Area 6,325

Year Built 1912

Available Date 2026-08-12

Annual Tax Amount $15,540

Tax Year 2026

Lot Size 3,552 Sqft

Acres 0.08

Source BRIGHT

Property Description

Investor Alert! Rare opportunity to acquire a large seven-unit apartment building in the heart of Capitol Hill, offering strong in-place income, low operating expenses, and significant value-add potential. With a Net Operating Income of $195,650, this well-maintained property delivers immediate cash flow while providing ample opportunity for a new owner to increase value and maximize future returns. One of the property's standout features is its abundance of private outdoor space. Every residence includes at least one private outdoor area, while most offer two private balconies, an increasingly sought-after amenity in urban living.

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, 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 6325

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 6325

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby School & Business

Get More Information

Alexandra DiFilippo

Alexandra DiFilippo

Agent | License ID: 1646832

+1(856) 298-9699

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Quick Search
There are 73 quick searches