Bought with Ana Maldonado • Samson Properties
$1,370,000
$1,425,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
4512 MACARTHUR BLVD NW Washington, DC 20007
3,080 SqFt
Key Details
Sold Price $1,370,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,080 sqft
Price per Sqft $444
MLS Listing ID DCDC2268170
Sold Date 08/31/26
Style Other
Abv Grd Liv Area 3,080
Year Built 1937
Annual Tax Amount $11,879
Tax Year 2025
Lot Size 6,066 Sqft
Acres 0.14
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
FULLY VACANT 4-UNIT APARTMENT BUILDING: Palisades quad-plex apartment building, comprised of two 2BDR/1BA units and two 1BDR+Den/1BA units with approximately 3,848 square feet of gross living area across two stories and a semi-finished basement. Delivering 100% vacant, the Property is therefore EXEMPT FROM TOPA AND RENT CONTROL and creates immediate flexibility for both investors and owner-occupants—a buyer could occupy one unit while generating income from the others, or capture market rents on all four units from day one with no below-market leases to inherit. The Property has historically generated strong rental demand and full occupancy from young professionals, graduate students, and others connected with nearby Georgetown and George Washington Universities, multiple hospitals, as well as northern Virginia.
SIGNIFICANT IMPROVEMENTS COMPLETED: One owner has meticulously maintained the building for decades and completed meaningful improvements including: a new roof (2022), upgraded windows, granite and quartz countertops, dishwashers/modernized appliances, and a recently installed off-street parking pad. SEPERATELY METERED for gas and electricity across all four units, each served by its own new Weil-McLain boiler, allowing ownership to pass virtually all utility costs other than water/sewer through to tenants.
OFF-STREET PARKING & CURB CUT: 4512 is the only building on this block of MacArthur Boulevard with a curb cut and off-street parking, a rare amenity and an essential component for any future condominium or redevelopment play.
LARGE LOT & DEVELOPMENT POTENTIAL: The Property is situated on a very large 6,066 square foot lot zoned RA-1, which presents the opportunity whether now or in the future to expand the gross square footage of the building, add units, or pursue a condominium conversion, subject to approvals—all within one of the District's MOST DESIREABLE ZIP CODE, where the median home sells for roughly $1.35 million and the Property falls within the in-demand Key Elementary School district.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 3080
Sewer Public Septic, Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 1356//0859
Ownership Fee Simple
SqFt Source 3080
Special Listing Condition Standard
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