Sidonia Shaw - Century 21 Gold Key Realty Logo
$1,100,000
 $5,905 est/mo Sourced by Back At You

1148 Owen Pl NE,WASHINGTON, DC 20002

WASHINGTON, DC 20002

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Description

INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.

Details

MLS #DCDC2262604
Listing TypeFor Sale
Sub-TypeNew Construction
StatusActive-bright
Year2025
Days On Site141
Listing Provided BySamson Properties | Sofia A Pellegrino

Features

SQ Feet4,200
Units4
ZoningRF-1
Acreage0.05

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingCentral, Forced Air

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesFenced, Private

Taxes

Tax Annual Amount6523

Area Information

StateDC
CountyWASHINGTON DC
CityWASHINGTON
Zip Code20002
AreaWASHINGTON DC
Community NameTRINIDAD
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHO
Listing VS Median (in TRINIDAD)
Price:
$1,100,000
low | high
Med:
$399,000
100% of Average
sqft:
4,200
low | high
Med:
617
100% of Average
$ / sqft:
$262
low | high
Med:
$647
96.9132164432% of Average
On site:
141
low | high
Med:
38
100% of Average
Sourced by Back At You

Market Activity 20002

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Learn More About This Property

Sidonia Shaw

Sidonia Shaw

Century 21 Gold Key Realty

 (302) 613-8892sidoniashaw@c21gk.com
StateDC
CountyWASHINGTON DC
CityWASHINGTON
Zip Code20002
AreaWASHINGTON DC
Community NameTRINIDAD
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHO
Listing VS Median (in TRINIDAD)
Price:
$1,100,000
low | high
Med:
$399,000
100% of Average
sqft:
4,200
low | high
Med:
617
100% of Average
$ / sqft:
$262
low | high
Med:
$647
96.9132164432% of Average
On site:
141
low | high
Med:
38
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $825K - $1.375M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
1235 HOLBROOK TER NE Property Photo 1
$1,150,000
1235 Holbrook Ter Ne
Washington, DC 20002
1250 QUEEN ST NE Property Photo 1
$1,099,999
1250 Queen St Ne
Washington, DC 20002
Listing Updated: October 2, 2026 at 7:53:26 PM PDT

Sidonia Shaw - Century 21 Gold Key Realty