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1313 Adams St NE, Washington, DC, 20018

9beds
4baths
3,360sqft
$890,000
$265price/sqft
$5,592/moest. monthly cost
$223,680/yrincome needed

About This Home

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.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

7/10
Langdon Elementary SchoolGrades PK-50.6 mi
4/10
McKinley Middle SchoolGrades 6-81.1 mi
3/10
Dunbar High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1942

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Window Unit(s),Wall Unit(s),Other

Interior Area

  • Total structure area: 3,360
  • Total interior livable area: 3,360 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3950//0004
  • Zoning: R-3
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 3,060 sqft
  • Features: Urban Land-Cristiana-Sunnysider

Parking

  • Parking features: None