Roe Iyoha - Century 21 Gold Key Realty Logo
$1,100,000
 $5,905 est/mo Sourced by Back At You

5501 Foote St NE,WASHINGTON, DC 20019

WASHINGTON, DC 20019

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Description

This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC's most rapidly appreciating submarkets.

Details

MLS #DCDC2259728
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1960
Days On Site158
Listing Provided ByFairfax Realty of Tysons | Santiago Noguera

Features

SQ Feet3,540
Units4
ZoningR2
Acreage0.06

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingCentral

Exterior

Construction MaterialsMasonry
Foundation DetailsBrick/Mortar

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount3456.02

Area Information

StateDC
CountyWASHINGTON DC
CityWASHINGTON
Zip Code20019
AreaWASHINGTON DC
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHO
High SchoolH.D. WOODSON
Listing VS Median (in 20019)
Price:
$1,100,000
low | high
Med:
$289,500
100% of Average
sqft:
3,540
low | high
Med:
1,328
100% of Average
$ / sqft:
$311
low | high
Med:
$219
79.467279569948% of Average
On site:
158
low | high
Med:
901
17.536071032186% of Average
Sourced by Back At You

Market Activity 20019

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Additional Information

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Learn More About This Property

Roe Iyoha

Roe Iyoha

Century 21 Gold Key Realty

 (302) 563-6314roeiyoha@c21gk.com
StateDC
CountyWASHINGTON DC
CityWASHINGTON
Zip Code20019
AreaWASHINGTON DC
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHO
High SchoolH.D. WOODSON
Listing VS Median (in 20019)
Price:
$1,100,000
low | high
Med:
$289,500
100% of Average
sqft:
3,540
low | high
Med:
1,328
100% of Average
$ / sqft:
$311
low | high
Med:
$219
79.467279569948% of Average
On site:
158
low | high
Med:
901
17.536071032186% of Average
Sourced by Back At You
Listing Updated: October 8, 2026 at 3:20:38 PM PDT

Roe Iyoha - Century 21 Gold Key Realty