Welcome to 1614 R Street SE—an excellent four-unit investment opportunity offering flexibility for an investor or owner-occupant. Three of the four units are currently vacant, allowing a new owner to begin leasing or occupying the property shortly after closing. The two upper-level units each feature two bedrooms and one full bathroom. One vacant lower-level unit offers one bedroom plus a den, while the remaining lower-level unit is occupied by a long-term tenant. All three vacant units have been updated within the past five years. The property also features a large backyard with generous outdoor space for residents. Conveniently located near Pennsylvania Avenue, Minnesota Avenue, public transportation, neighborhood amenities, and easy access to I-295. Whether you are expanding your rental portfolio or looking to occupy one unit while generating income from the others, this property offers tremendous possibilities. The property will convey subject to the existing tenancy. Buyers should independently verify unit configurations, lease terms, rental licensing, zoning, and permitted use.
Fairlawn, located between the Anacostia River and Pennsylvania Avenue SE, is a residential and riverside Washington, DC neighborhood with rowhouse blocks and broad parkland edges. The neighborhood’s pulse concentrates around the Pennsylvania Avenue SE corridor near the Sousa Bridge, where corner carryouts, barbershops, and small storefronts meet steady commuter traffic. Community touchstones include the Anacostia Community Museum, the Frederick Douglass National Historic Site, and the historic Anacostia Playhouse. Streets mix brick rowhomes with garden-style apartments, set against big-sky views from nearby river crossings. The Anacostia Riverwalk Trail and adjacent green spaces shape daily routines with long, linear paths and waterfront overlooks. Metro and bus lines along the corridor connect the area to downtown without changing its grounded, local feel.
Provided by Walk Score and Local Logic
Offer insights
1614 R St SE · $575,000
$575K and above
75% chance or better to win
Why $575K+ is a strong offer
DAYS ON MARKET
19 days
The average home goes pending in 121 days.
SALE-TO-LIST
94.4%
Most homes are selling 6% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
No basement
Finished above-grade living area of 3,312
Bedrooms
Four total units: two 1-bedroom units and two 2-bedroom units
Heating & cooling
Hot water heating
Natural gas heating and natural gas hot water
Exterior features
Ground rent paid annually
No tidal water
Home design
Brick construction
Four-unit multifamily property
Construction
Brick construction noted
Above-grade and below-grade structures
Utilities
Public water
Public sewer
Financial info
Total of 4 units with 3 currently vacant and 1 leased
Total actual rent reported as $4,800
Other
Ownership is fee simple
Assessed improvement value and land assessment recorded
Electricity and solar
View estimated energy costs and solar savings for this home
The one you've been waiting for is HERE! 4-unit building with large 1 bedroom apartments. Great opportunity for owner occupant or investor! Gives true meaning to the term, "apartment home". Large rear yard. With your vision, make this treasure your own. Readily accessible to Metro bus and rail, Capitol Hill, downtown, national parks, historic sites, and other amenities. DON'T MISS OUT!
The Residential Apartment (RA) zones are residential zones, designed to provide for residential areas suitable for multiple dwelling unit development and supporting uses.; The RA zones are intended to: Permit flexibility by allowing all types of residential development; Promote stable residential areas while permitting a variety of types of urban residential neighborhoods; Promote a walkable living environment; Allow limited non-residential uses that are compatible with adjoining residential uses; Encourage compatibility between the location of new buildings or construction and the existing neighborhood; and Ensure that buildings and developments around fixed rail stations, transit hubs, and streetcar lines are oriented to support active use of public transportation and safety of public spaces.; The RA-2 zone provides for areas developed with predominantly moderate-density residential.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Healthcare
Housing-Multiple units
Housing-Student
Public service
Educational/school
Recreation
Park & open space
Local insights from Redfin agents
Washington, DC is known for being the nation’s capital, home to iconic landmarks like the White House, U.S. Capitol, and Smithsonian museums. It’s also recognized for its rich history, diverse neighborhoods, and world-class dining, culture, and...