Under contract

1313 ADAMS St NE, Washington, DC 20018

Sqft
3,360

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Capital Properties
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Overview

Prime Opportunity for 1031 Exchange and DSCR Investors — Fully Stabilized 4‑Unit Asset with Strong Program‑Backed Income.
This well‑maintained four‑unit building is delivered 100% occupied, with all units currently leased through the voucher program and producing a total actual gross rent of $9,257 per month. The unit mix includes two 3‑bedroom units, one 2‑bedroom unit, and one 1‑bedroom unit, offering a diversified rent roll supported by long‑term demand in this submarket.

Operational responsibilities for the owner are limited to water, trash, and common‑area electric, allowing investors to maintain predictable expense ratios and straightforward DSCR underwriting. With program‑backed rents already in place, the property provides immediate in‑place cash flow and a stable income profile suitable for 1031 exchange investors seeking to preserve and reposition capital, as well as DSCR‑focused investors prioritizing consistent rent streams.

The building’s existing voucher rent structure, combined with its fully occupied status, offers investors a reliable foundation for long‑term hold strategies, future compliance modernization, or incremental operational improvements. All financial information is based on current leases and program participation; no future performance is represented or guaranteed.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,360
Lot size (acres)
0.07
Year built
1942

Exterior features

Horse amenities
Stable

Utilities

Heating
Natural Gas
Cooling
Window Units
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$8,312

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: DCDC2260526 Last checked:

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