# 1148 OWEN Place NE, Washington, DC 20002

> **TL;DR:** residential multi family, $1,150,000 ($274/sqft), built 2025, 4,200 sqft.
> A/C. Est. $4,983/mo. Listed 14 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,150,000 |
| Price/sqft | $274 |
| Square Feet | 4,200 |
| Year Built | 2025 |
| Lot Size | 2,304 sqft (0.05 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 14 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,983 |
| **Total** | **$4,983** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2025
- 0.05 acre lot
- 4 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 1148 OWEN Place NE, Washington, DC 20002
- **County:** WASHINGTON
- **Neighborhood:** TRINIDAD
- **Coordinates:** 38.90643, -76.98851
- **Google Maps:** https://www.google.com/maps?q=38.90643,-76.98851

## Listing Agent

- **Name:** Sofia A Pellegrino
- **Brokerage:** Samson Properties
- **Phone:** 7035936976
- **Email:** sofia@sofiapellegrino.com

## Primary Photo

![1148 OWEN Place NE - Primary Photo](http://lh.rdcpix.com/5cd9a3014f0897eb0d88c1ff198f3380l-f1295179373r.jpg)

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**MLS#:** DCDC2262604 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1148-owen-place-ne-washington-dc-20002-c2262604)

---

## Structured Data

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  "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 approximatel",
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