For sale

Price cut: $50K (6/2)

$1,150,000

5501 Foote St NE, Washington, DC 20019

8beds

4baths

3,540sqft

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Multi Family

Built in 1960

-- sqft lot

$1,121,600 Zestimate^®

$325/sqft

$-- HOA

What's special

This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.

59 days

112

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 3,540
Total interior livable area: 3,540 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 2,614 Square Feet
Features: Unknown Soil Type

Details

Additional structures: Above Grade
Parcel number: 5225//0020
Zoning: R2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Masonry
Foundation: Brick/Mortar

Condition

New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Washington

Financial & listing details

Price per square foot: $325/sqft
Tax assessed value: $406,590
Annual tax amount: $3,456
Date on market: 5/4/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple
Total actual rent: 82800
Income includes: Apartment Rentals

Mr. Santiago Noguera

(703) 376-7675

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Estimated market value

$1,121,600

$1.07M - $1.18M

$2,060/mo

Price history

Date	Event	Price
6/2/2026	Price change	$1,150,000-4.2%$325/sqft
Source: Bright MLS #DCDC2259728 Report a problem
5/4/2026	Listed for sale	$1,200,000$339/sqft
Source: Bright MLS #DCDC2259728 Report a problem
1/24/2026	Listed for rent	$1,750
Source: Zillow Rentals Report a problem
1/23/2026	Listing removed	$1,750
Source: Zillow Rentals Report a problem
12/25/2025	Listed for rent	$1,750
Source: Zillow Rentals Report a problem
11/18/2025	Listing removed	$1,750
Source: Zillow Rentals Report a problem
6/18/2025	Listed for rent	$1,750
Source: Zillow Rentals Report a problem
1/31/2025	Listing removed	$1,750
Source: Zillow Rentals Report a problem
8/31/2024	Listed for rent	$1,750
Source: Zillow Rentals Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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