# 1944 3RD ST NE, Washington, DC 20002

> **TL;DR:** residential multi family, $4,750,000, built 2023. Est. $25,404/mo. Listed 121 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,750,000 |
| Year Built | 2023 |
| Lot Size | 6,970 sqft (0.16 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 121 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $24,019 |
| Estimated Insurance | $1,385 |
| **Total** | **$25,404** |

## Property Highlights

- Built in 2023
- 0.16 acre lot

## Description

### Agent Description
This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1-4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.

## Location

- **Address:** 1944 3RD ST NE, Washington, DC 20002
- **County:** WASHINGTON
- **Neighborhood:** ECKINGTON
- **Coordinates:** 38.91689, -77.00246
- **Google Maps:** https://www.google.com/maps?q=38.91689,-77.00246

## Listing Agent

- **Name:** Samuel Davis
- **Brokerage:** Long & Foster Real Estate
- **Broker Phone:** 2024836300

## Photos

![1944 3RD ST NE - Photo 1](http://lh.rdcpix.com/73d31f7e04f1c988590d74d780d89ad1l-f2410533401r.jpg)

![1944 3RD ST NE - Photo 2](http://lh.rdcpix.com/73d31f7e04f1c988590d74d780d89ad1l-f2834864495r.jpg)

---

**MLS#:** DCDC2271010 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Long & Foster Real Estate. 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.ai/listing/1944-3rd-st-ne-washington-dc-20002-5a63b4e522444da08bbcb8e5f42c33ca)

---

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