Investor Alert – Exceptional Multi-Family Opportunity in Anacostia! 1622 R Street SE, Washington, DC 20020 A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion. Zoned RA-2 on a 3,693 sq. ft. lot Estimated 8,267 total sq. ft. Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each Rear alley access with room for 3–4 parking spaces Structure is framed; no permits included Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment. Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals. An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.
Multi-familyProperty Type
1936Year Built
3,693 sq ftLot Size
$88Price/Sq.Ft.
Listed by Nadia Aminov• Long & Foster Real Estate, Inc.
•240-497-1700 (broker)
Listed by Pennye Green• Long & Foster Real Estate, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
4
Lot width
—
Lot depth
—
Lot size
3,693 Sq. Ft.
Year renovated
2021
Sq. Ft.
8,267
Year built
1936
Style
Multi-Family (2-4 Unit)
County
District of Columbia
APN
5597 0008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 29, 2026.
RA-2
Residential Apartment Zone 2
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
Property details
Parking
Parking Information
Parking Lot
Interior
Interior Information
Living Area Sq.Ft. Source: Estimated
Multi Unit Information
# of Three Bedroom Units: 7
Other Units: Unit 1
Exterior
Property Information
Improvement Assessed Value: $1,336,510
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
# of Levels (Total): 4
# of Units (Total): 4
Construction Materials: Brick, Rough-In Plumbing
Foundation Details: Brick/Mortar
Other Structures: Above Grade
Roof: Rubber
Structure Type: Interior Townhouse/Rowhouse
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $204,110
Above Grade Information
Finished Sq.Ft.: 8,267
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
City/Town Tax: $73,694
Tax Assessed Value: $1,540,620
Tax Year: 2024
Tax Annual Amount: $73,694
Assessments Information
Year Assessed: 2024
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
Central
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Above Ground, (C) Other
Water Source: Public
Location
School Information
High School: ANACOSTIA SENIOR
School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
In City Limits
Directions: 1622 R St SE Washington DC 20020
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 8,267
Stories: 4.0
Lot Size: 3,693 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1936
Year Renovated: 2021
County: District of Columbia
APN: 5597 0008
Home facts updated by county records on Jun 29, 2026
Around this home
Schools
Places
Transit
Ketcham Elementary School
Public PreK-5 • Assigned • 0.3mi
2/10
Kramer Middle School
Public 6-8 • Assigned • 0.1mi
3/10
Anacostia High School
Public 9-12 • Assigned • 0.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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...