Exceptional 3-unit semi-detached property in the heart of Mount Pleasant offering an ideal live-and-invest opportunity for savvy homebuyers. This well-positioned building allows you to establish your primary residence in your choice of residential unit while generating rental income from the remaining units to substantially reduce your monthly housing costs. The upper residential unit features 3BR/2BA in a duplex-style layout spanning two levels, while the lower residential unit is currently configured as 1BR with tremendous expansion potential to 3BR/2BA upon basement finishing, creating the opportunity to significantly increase rental income potential. Alternatively, buyers can choose to combine the residential units into one magnificent single-family home, maximizing the incredible square footage, generous width, and abundant natural light that comes with the semi-detached design. The commercial space is located on the coveted Mount Pleasant Commercial Corridor and comes with an existing tenant providing immediate cash flow. The unfinished basement presents an exceptional value-add opportunity, ready for customization to maximize the property's income-generating potential or expand the single-family living space. Perfect for homeowners who want to build equity while minimizing their housing expenses, this property offers the smart combination of homeownership and investment income in one transaction, or the flexibility to create a spacious single-family residence. The strategic rental income can dramatically offset mortgage payments, property taxes, and maintenance costs, making premium Mount Pleasant living more affordable. Equally attractive for pure investors seeking multiple revenue streams and strong cash flow potential. Situated in the highly sought-after Mount Pleasant neighborhood, the property benefits from strong rental demand, excellent walkability, Metro proximity, and access to urban amenities while maintaining its residential character. Currently delivered with two vacant residential units ready for immediate occupancy or renovation, plus stable commercial tenant providing immediate income during any improvement period. Seller is selling property in as-is condition. Buyer due diligence encouraged.
This property is set in MU4 zoning which allows up to 9 units by-right (10+ if you trigger inclusionary zoning). The hurdle for non-developers is the commercial tenant in the portion of the space facing Mt Pleasant which prevents conventional...
lending.
1 year ago• May not reflect the current state of the home
Offer Deadline is Sunday, August 3rd at 3:00pm. .. .. .. Exceptional 3-unit semi-detached property offering versatile investment potential in the heart of Mount Pleasant. This well-positioned building features two residential units plus one commercial space, presenting multiple revenue streams and value-add opportunities. The upper residential unit offers 3BR/2BA in a duplex-style layout spanning two levels, while the lower residential unit is currently configured as 1BR with expansion potential to 3BR/2BA upon basement finishing. The commercial space is occupied by a month-to-month tenant providing immediate rental income. The unfinished basement presents a significant value-add opportunity, ready for customization to maximize the lower unit's potential and overall property income. The property's current condition and competitive pricing create substantial room for value enhancement through strategic improvements, making it ideal for investors seeking a turnkey opportunity with existing commercial income and residential upside potential, or owner-occupants looking to offset mortgage costs by residing in one unit while generating rental income from the others. Value-add specialists can capitalize on the basement finishing opportunity and vacant residential units to significantly increase returns. Situated in the desirable Mount Pleasant neighborhood, the property benefits from strong rental demand, excellent walkability, and proximity to urban amenities while maintaining a residential character. Currently delivered with two vacant residential units ready for immediate occupancy or renovation, plus stable commercial tenant providing cash flow during any improvement period. Seller is selling property in as-is condition.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Townhouse
County
District of Columbia
APN
2608//0822
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 22, 2025.
Property details
Parking
Parking Information
On Street
Interior
Virtual Tour
Bedroom Information
# of Bedrooms On 2nd Upper Level: 3
# of Bedrooms On Main Level: 1
Bathroom Information
# of Bathrooms (Full) On 2nd Upper Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Full): 2
Interior Information
Flooring Type: Wood
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Connecting Stairway, Front Entrance, Interior Access, Poured Concrete, Unfinished, Other
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $456,050
Ownership Interest: Fee Simple
Property Condition: Good, Average
Year Built Source: Estimated
Building Information
Construction Materials: Brick
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: Semi-Detached
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $496,770
Above Grade Information
Finished Sq.Ft.: 3,895
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Estimated
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
City/Town Tax: $8,650
Tax Assessed Value: $952,820
Tax Year: 2024
Tax Annual Amount: $8,650
Assessments Information
Year Assessed: 2024
Utilities
Utilities Information
Cooling Type: Window Unit(s)
Cooling Fuel: Electric
Central
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Septic, Public Sewer
Water Source: Public
Location
School Information
School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
In City Limits
Directions: Please use third party applications to ensure proper navigation.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Townhouse
Year Built: —
Year Renovated: —
County: District of Columbia
APN: 2608//0822
Home facts updated by county records on Jul 22, 2025
Around this home
Schools
Bancroft Elementary School
Public PreK-5 • Assigned • 0.2mi
7/10
Deal Middle School
Public 6-8 • Assigned • 2.5mi
10/10
Jackson-Reed High School
Public 9-12 • Assigned • 2.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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