8,267 sqft

$725,000

1622 R STREET SE, WASHINGTON DC, 20020

Price per sqft$87.70

Built in1936

Property size8,267 sqft

Property typeCommercial

Overview

Sold

Closed-bright

Listed Jul 25, 2025

Updated 4 days ago

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.

Additional information

MLS^® ID: DCDC2197534

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.08 Acres

Other Property Details

Taxes: $73,694
Tax Frequency: Annually

Listed by Long & Foster Real Estate, Inc.
Listing Contact: 5713319745

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/15/2026 at 10:37 PM UTC

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