1313 ADAMS ST NE Washington, DC 20018 Sold on 08/05/2026
$915,000
$890,000 2.8%
3,360 SqFt
Key Details
Sold Price $915,0002.8%
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $272
MLS Listing ID DCDC2260526
Sold Date 08/05/26
Style Traditional
Abv Grd Liv Area 3,360
Year Built 1942
Available Date 2026-05-14
Annual Tax Amount $8,312
Tax Year 2025
Lot Size 3,060 Sqft
Acres 0.07
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
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.
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