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.
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.
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.
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).
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.
For sale
Price cut: $36K (7/21)
$689,000
1732 S St SE, Washington, DC 20020
4beds
2,720sqft
Single Family Residence
Built in 1938
3,049 Square Feet Lot
$680,200 Zestimate®
$253/sqft
$-- HOA
What's special
- 120 days
- 54
- 1
Zillow last checked:
Listing updated:
Listed by:
DHEE PATEL 202-588-0055,
Coldwell Banker Realty - Washington
Source: Bright MLS,MLS#: DCDC2263312
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 2
Heating
- Hot Water, Natural Gas
Cooling
- None, Electric
Appliances
- Included: Oven/Range - Gas, Refrigerator, Cooktop, Gas Water Heater
Features
- Plaster Walls
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 2,720
- Total interior livable area: 2,720 sqft
- Finished area above ground: 2,720
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Screened
- Pool features: None
- Fencing: Back Yard,Wood,Wrought Iron
- Has view: Yes
- View description: Street
Lot
- Size: 3,049 Square Feet
- Features: Level, Urban Land-Cristiana-Sunnysider, Chillum-Urban Land Complex
Details
- Additional structures: Above Grade
- Parcel number: 5614//0012
- Zoning: R5B
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Crawl Space
- Roof: Built-Up,Architectural Shingle
Condition
- Very Good
- New construction: No
- Year built: 1938
- Major remodel year: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Randle Heights
HOA
- Has HOA: No
Location
- Region: Washington
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $627,700
- Annual tax amount: $5,335
- Date on market: 6/10/2026
- Listing agreement: Exclusive Agency
- Listing terms: Conventional,FHA,FHLMC
- Ownership: Fee Simple
Estimated market value
$680,200
$646,000 - $714,000
$5,908/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $689,000-5%$253/sqft |
Source: | ||
| 6/10/2026 | Listed for sale | $725,000+81.3%$267/sqft |
Source: | ||
| 1/1/2015 | Sold | $400,000$147/sqft |
Source: | ||
| 6/19/2007 | Sold | $400,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,335 +0.4% | $627,700 +0.4% |
| 2025 | $5,315 +1.5% | $625,280 +1.5% |
| 2024 | $5,235 +6.5% | $615,860 +6.5% |
| 2023 | $4,917 +14.1% | $578,420 +14.1% |
| 2022 | $4,308 +11.1% | $506,880 +11.1% |
| 2021 | $3,878 +6.2% | $456,200 +6.2% |
| 2020 | $3,650 +24.1% | $429,430 +24.1% |
| 2018 | $2,941 +13.5% | $346,010 +13.5% |
| 2017 | $2,592 +11.8% | $304,920 +11.8% |
| 2016 | $2,318 +8% | $272,650 +8% |
| 2015 | $2,147 +10.6% | $252,530 +10.6% |
| 2014 | $1,941 -3.1% | $228,360 -3.1% |
| 2013 | $2,004 -4.3% | $235,730 -4.3% |
| 2012 | $2,094 | $246,320 |
| 2011 | $2,094 -22.2% | $246,320 -22.2% |
| 2010 | $2,691 -5.1% | $316,590 -5.1% |
| 2009 | $2,834 +40.7% | $333,450 +45.7% |
| 2007 | $2,014 +33.5% | $228,870 +39.6% |
| 2006 | $1,509 +1.7% | $163,980 +6.2% |
| 2005 | $1,483 +18.6% | $154,450 +18.6% |
| 2004 | $1,250 +19.9% | $130,210 +19.9% |
| 2003 | $1,043 +9% | $108,630 +9% |
| 2002 | $957 -0.7% | $99,658 +19% |
| 2001 | $963 | $83,746 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Randle Highlands
Nearby schools
Schools provided by the listing agent
- 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.







