Investor Alert! Turnkey four-unit multifamily opportunity with stable in-place income, low operating expenses, and significant upside potential in Washington, DC's rapidly developing Congress Heights neighborhood. This versatile asset is an excellent opportunity for both first-time multifamily investors looking to enter the market and experienced investors seeking to add a stabilized, income-producing property to their portfolio. This fully renovated property currently generates $4,000/month in gross rental income and is anchored by three long-term tenants with a proven history of on-time payments, providing immediate and reliable cash flow. Existing rents offer future upside, with the opportunity to strategically adjust rates toward market value over time. One unit is expected to become available, creating flexibility for lease-up at current market rates or potential owner-occupancy. Designed for efficient ownership, the property features separately metered utilities and exceptionally low owner expenses of approximately $150/month for water and common-area electricity. Renovations include restored hardwood floors, updated kitchens, modern finishes, abundant natural light, private decks, and a rear porch. The four-unit configuration appeals to both investors and owner-occupants, offering the potential to occupy one unit while rental income from the remaining units helps offset ownership costs. Ideally situated near Joint Base Anacostia-Bolling, Entertainment and Sports Arena, and the planned RFK Stadium redevelopment, the property benefits from strong rental demand drivers and convenient access to I-295, I-395, I-695, and I-495. A rare opportunity to acquire a renovated, income-producing multifamily asset with immediate cash flow, value-add potential, and long-term appreciation prospects in one of Washington, DC's emerging growth corridors. Photos may be virtually staged.
For sale
Price cut: $25K (9/28)
$450,000
145 Galveston Pl SW, Washington, DC 20032
4beds
--baths
2,720sqft
Quadruplex
Built in 1943
-- sqft lot
$-- Zestimate®
$165/sqft
$-- HOA
What's special
Restored hardwood floorsFully renovated propertyUpdated kitchensPrivate decksAbundant natural lightModern finishesRear porch
- 249 days
- 261
- 20
Zillow last checked:
Listing updated:
Listed by:
Mr. Greg S Schwartz 202-915-6472,
Keller Williams Realty,
Listing Team: Reynolds Empowerhome Team
Source: Bright MLS,MLS#: DCDC2240284
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 612
Heating
- Radiator, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,332
- Total interior livable area: 2,720 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,536 Square Feet
- Features: Clay
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 6239//0092
- Zoning: R5A
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Washington
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $588,790
- Annual tax amount: $5,017
- Date on market: 1/28/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $450,000-5.3%$165/sqft |
Source: | ||
| 5/29/2026 | Price change | $475,000-9.5%$175/sqft |
Source: | ||
| 4/20/2026 | Price change | $525,000-8.7%$193/sqft |
Source: | ||
| 3/18/2026 | Price change | $575,000-4.2%$211/sqft |
Source: | ||
| 2/9/2026 | Price change | $600,000-4%$221/sqft |
Source: | ||
| 1/28/2026 | Listed for sale | $625,000+4.3%$230/sqft |
Source: | ||
| 8/30/2023 | Listing removed | -- |
Source: | ||
| 8/19/2023 | Pending sale | $599,000+4.2%$220/sqft |
Source: | ||
| 8/10/2023 | Sold | $575,000-4%$211/sqft |
Source: | ||
| 6/10/2023 | Contingent | $599,000$220/sqft |
Source: | ||
| 3/31/2023 | Listed for sale | $599,000+66.4%$220/sqft |
Source: | ||
| 2/29/2016 | Listing removed | $850 |
Source: Home Realty, Inc. Report a problem | ||
| 2/9/2016 | Listed for rent | $850 |
Source: Home Realty, Inc. Report a problem | ||
| 1/6/2006 | Sold | $360,000+80.9%$132/sqft |
Source: Public Record Report a problem | ||
| 11/10/2004 | Sold | $199,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,005 -0.3% | $588,790 -0.3% |
| 2025 | $5,017 +1.6% | $590,290 +1.6% |
| 2024 | $4,941 +6.3% | $581,260 +6.3% |
| 2023 | $4,647 +14.3% | $546,670 +14.3% |
| 2022 | $4,066 +12.6% | $478,380 +12.6% |
| 2021 | $3,613 +8.3% | $425,030 +8.3% |
| 2020 | $3,336 +17.4% | $392,520 +17.4% |
| 2018 | $2,842 +3.2% | $334,310 +3.2% |
| 2017 | $2,754 +17.5% | $324,020 +17.5% |
| 2016 | $2,344 +20.6% | $275,730 +20.6% |
| 2015 | $1,944 +5.3% | $228,700 +5.3% |
| 2014 | $1,846 +0% | $217,130 +0% |
| 2013 | $1,846 -14.4% | $217,120 -14.4% |
| 2012 | $2,155 | $253,560 |
| 2011 | $2,155 -26.6% | $253,560 -26.6% |
| 2010 | $2,938 -3.5% | $345,650 -3.5% |
| 2009 | $3,043 +51.6% | $358,030 +56.9% |
| 2007 | $2,008 +59.6% | $228,160 +66.9% |
| 2006 | $1,258 +0.1% | $136,740 +4.5% |
| 2005 | $1,257 +7.7% | $130,900 +7.7% |
| 2004 | $1,166 +6.4% | $121,510 +6.4% |
| 2003 | $1,097 0% | $114,220 0% |
| 2002 | $1,097 -4.8% | $114,221 +14.1% |
| 2001 | $1,151 | $100,106 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Bellevue
Nearby schools
Schools provided by the listing agent
- Elementary: Patterson
- Middle: Hart
- High: Ballou
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








