Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 8.9% cap rate, and delivers positive cash flow from day one. This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies. Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient. The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization. Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside.
For sale
Price cut: $25.1K (8/14)
$849,900
927 52nd St NE, Washington, DC 20019
12beds
--baths
5,954sqft
Multi Family
Built in 1953
-- sqft lot
$817,700 Zestimate®
$143/sqft
$-- HOA
What's special
- 53 days
- 71
- 5
Zillow last checked:
Listing updated:
Listed by:
Sonya Abney 301-335-8380,
Cosmopolitan Properties Real Estate Brokerage,
Co-Listing Agent: Sandra B Michael 240-398-1999,
Cosmopolitan Properties Real Estate Brokerage
Source: Bright MLS,MLS#: DCDC2276422
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Heating
- Radiator, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 5,954
- Total interior livable area: 5,954 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 6,250 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade
- Parcel number: 5199//0815
- Zoning: MULTI-FAMILY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Deanwood
Location
- Region: Washington
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $1,288,080
- Annual tax amount: $9,090
- Date on market: 7/29/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$817,700
$777,000 - $859,000
$1,945/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $849,900-2.9%$143/sqft |
Source: | ||
| 7/30/2026 | Listed for sale | $875,000$147/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Deanwood
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.







