About This Home
This 0-bedroom, 0-bathroom residential multi family at 4229 DIX Street NE in Washington, DC is listed for $450,000 ($250 per sqft). Built in 1950, the home offers 1,800 sqft of living space on a 0.05 acres lot.
Key Features
- Built in 1950
- 0.05 acre lot
- 2 parking spaces
Property Details
Amenities
Exceptional investment opportunity in the heart of Mahaning Heights. This fully occupied duplex at 4229 Dix Street NE offers immediate, income-producing cash flow with two separately configured 2-bedroom, 1-bath residences totaling approximately 1,800 square feet.
Whether you're expanding an existing portfolio or acquiring your first multifamily asset, this property presents a compelling combination of stable rental income and long-term appreciation potential. Its highly accessible location places tenants just minutes from Benning Road, Route 295, and the Minnesota Avenue and Benning Road Metro stations, providing convenient access to Downtown DC, Maryland, and Northern Virginia.
Investor-friendly opportunities like this are increasingly difficult to find: a fully leased duplex in a growing neighborhood with strong commuter appeal and enduring rental demand. Continue operating as a cash-flowing asset from day one or explore future value-add opportunities as the neighborhood continues to evolve.
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4229 DIX Street NE
Washington, DC 20019
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 4229 DIX Street NE is listed at $450,000 ($250/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.05 acre lot, 2 parking spaces.
This property is listed by Andrew N Nelson and can be reached at 3015808101.