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1148 OWEN PL NE
Washington, DC 20002
Quick Facts
- Area:4200sq ft
- Style:Colonial
- ConditionMajor Rehab Needed
- Year Built:2025
- Lot Size:0.05 acres
Description:
INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.
| Status | Active |
| Added to RealtyWatch | May 18, 2026 - 54 days ago |
| Listing Office | Samson Properties, Sofia A Pellegrino |
| MLS ID | DCDC2262604 |
Schedule a Showing
Interior
- A/C: Central A/C
- Heating: true, Central, Forced Air, Electric
- Disability Feature: None
Exterior
- General: Above Grade, Below Grade
- Style: Colonial
- Parking: Fenced, Private
Construction
- General: Brick
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: RF-1, 4059//0832
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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