Multifamily Style Homes in the Washington Metropolitan Area

When properties are listed as multifamily homes for sale in Washington Metro, this generally means the entire structure, as opposed to units within a building. The target buyer is often an investor with some exceptions, such as a row house that might be opened up into a single residence.

The overwhelming majority of sales however are anticipated as rental income properties or condo conversions. As with many other property types, there's a wide variety when it comes to age, architecture, size, price and location throughout the metropolitan area.

multi-family Properties for Sale

All Listings $100,000 - $200,000 $200,000 - $300,000
$300,000 - $400,000 $400,000 - $500,000 $500,000 - $600,000
$600,000 - $700,000 $700,000 - $800,000 $800,000 - $900,000
$900,000 - $1,000,000 Over $1,000,000
Price, High to Low
112 Properties Found. Page 1 of 8
Photo of Listing #DC9957715

23842386 Champlain St Nw

WASHINGTON, DC
$6,500,000

MLS#: DC9957715
0.17 Acres
Multi-Family

Photo of Listing #DC10094791

1072 Thomas Jefferson St Nw

WASHINGTON, DC
$4,350,000

MLS#: DC10094791
0.04 Acres
Multi-Family

Photo of Listing #DC9886029

5016 Rock Creek Church Rd Ne

WASHINGTON, DC
$3,500,000

MLS#: DC9886029

Multi-Family

Photo of Listing #DC10028859

1443 Euclid St Nw

WASHINGTON, DC
$3,400,000

MLS#: DC10028859
0.05 Acres
Multi-Family

Photo of Listing #DC10086888

949 S St Nw

WASHINGTON, DC
$2,699,900

MLS#: DC10086888
3524 Sqft, 0.04 Acres
Multi-Family

Photo of Listing #DC9596648

912 Gallatin St Nw

WASHINGTON, DC
$2,500,000

MLS#: DC9596648
0.36 Acres
Multi-Family

1731 Riggs Pl Nw

WASHINGTON, DC
$2,398,000

MLS#: DC10063202
2655 Sqft, 0.04 Acres
Multi-Family

Photo of Listing #DC10059618

131 11th St Se

WASHINGTON, DC
$2,295,000

MLS#: DC10059618
4555 Sqft, 0.13 Acres
Multi-Family

Photo of Listing #DC10102684

21 8th St Ne

WASHINGTON, DC
$2,185,000

MLS#: DC10102684
5656 Sqft, 0.07 Acres
Multi-Family

 

What's involved with owning a multifamily home? Plenty, although there's also the matter of context. Buying a duplex with the intention of living in one unit and renting the other is a simpler proposition than being the landlord of a large building with maintenance issues. Even trickier can be the process of buying an occupied rental property with the hopes of converting it to condos for sale. And then of course there's the common case of older multifamily structures in historic districts. There was a time when antique buildings were being razed right and left by developers and city planners. That has changed – the historical imprints of communities with long established roots are more valued and protected these days.

Multifamily homes account for a major portion of all residential properties in Washington Metro. It varies by neighborhood, some suburban enclaves are exclusively made up of detached single-family dwellings and some urban corridors are predominantly multifamily or commercial structures. While you'll find a wide range of choices, the major hi-rise buildings are usually sold through commercial brokers rather than the MLS system. This leaves everything from homes with separate in-law or guest quarters to mid-rise buildings that may offer up to 24 or so units. Common low and mid-rise properties include row houses, garden-style buildings. Federal, Colonial and Victorian brownstones, Art Deco buildings and more.

The need and demand for multifamily properties in Washington Metro continues to grow. This has become one of the nation's premiere destinations for new residents in recent years thanks to revitalization efforts and robust local economies. With a finite amount of land and property, the redevelopment of existing structures has become an attractive proposition. It's not only old apartment buildings or hotels but also vacant schools, industrial spaces and even houses of worship. Everywhere you look these days there seems to be multifamily buildings with dumpsters outside and signs of construction – outer facades are re-imagined, windows replaced, interior walls removed, new wood floors installed and gourmet kitchens created. Prices for multifamily homes can start at around $100,000 for a distressed property and soar well into seven-figure territory.

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than District Partners Real Estate are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2017.

Listing information last updated on December 15th, 2017 at 4:14pm EST.