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1313 ADAMS ST NE
Washington, DC 20018
Quick Facts
- Area:3360sq ft
- Style:Traditional
- Year Built:1942
- Lot Size:0.07 acres
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.
| Status | Backup |
| Added to RealtyWatch | May 14, 2026 - 58 days ago |
| Listing Office | Keller Williams Capital Properties, Abel M Gebremichael |
| MLS ID | DCDC2260526 |
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Interior
- A/C: Window Unit(s), Wall Unit
- Heating: true, Baseboard - Electric, Natural Gas
- Disability Feature: None
Exterior
- General: Above Grade, Below Grade
- Style: Traditional
Construction
- General: Brick, Slab
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: R-3, 3950//0004
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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