Last Sold Price
1 bed1 bath8,267 sqft$88/sqft
1622 R St SE, Washington, DC 20020

Description

Investor Alert – Exceptional Multi-Family Opportunity in Anacostia! 1622 R Street SE, Washington, DC 20020
A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion. Zoned RA-2 on a 3,693 sq. ft. lot
Estimated 8,267 total sq. ft. Layout includes (4) four-bedroom units and (3) three-bedroom units,
...Investor Alert – Exceptional Multi-Family Opportunity in Anacostia! 1622 R Street SE, Washington, DC 20020

A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units—ideal for an investor ready to bring the project to completion. Zoned RA-2 on a 3,693 sq. ft. lot

Estimated 8,267 total sq. ft. Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each

Rear alley access with room for 3–4 parking spaces

Structure is framed; no permits included

Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment. Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals. An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.
LISTING CLOSED: 07/24/2025 12:00 AM

  1. Listed by Nadia Aminov • Long & Foster Real Estate, Inc.
    P: (571) 331-9745 nadia.aminov@gmail.com
  2. Listed by Pennye Green • Long & Foster Real Estate, Inc.
    P: (202) 247-5668 pennye.greenteam@gmail.com

Property Details for 1622 R Street Southeast

Status
MLS #
DCDC2197804
Days on Market
27
Taxes
$73,694 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
1936
Lot Size
0.08 AC / 3,693 SF
Tax ID Number
5597//0008
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Colonial
Waterfront
No
Garage
No
Legal Subdivision
Anacostia
Central Air
Yes
Above Grade Finished SQFT
8,267.00
Above Grade Fin SQFT Source
Estimated
New Construction
No

Recent comparable sales

Median sold price

$590,000

Avg days on market

23

Sale-to-list ratio

97.4%

[Washington, DC]

9 comparable properties found

1

$655,000

Sold 05/29/25

1
Bedrooms
865
Square Feet
Unavailable
Acres
2

$560,000

Sold 08/28/25

1
Bedrooms
1
Bathrooms
780
Square Feet
Unavailable
Acres
$615,000 | 440 12th Street Northeast, Unit 305, Washington, DC 20002
1/51
3

$615,000

Sold 03/24/25

1
Bedrooms
1,440
Square Feet
Unavailable
Acres
a front view of a building
1/2
4

$635,000

Sold 06/10/25

1
Bedrooms
800
Square Feet
Unavailable
Acres
$540,000 | 1300 4th Street Southeast, Unit 609, Washington, DC 20003
1/34
5

$540,000

Sold 11/01/24

1
Bedrooms
650
Square Feet
Unavailable
Acres
a front view of a multi story building
1/37
6

$590,000

Sold 04/11/25

1
Bedrooms
708
Square Feet
Unavailable
Acres
$625,000 | 1375 Maryland Avenue Northeast, Unit B, Washington, DC 20002
1/2
7

$625,000

Sold 06/05/26

1
Bedrooms
1,319
Square Feet
Unavailable
Acres
$539,000 | 1025 First Street Southeast, Unit 404, Washington, DC 20003
1/33
8

$539,000

Sold 10/22/24

1
Bedrooms
821
Square Feet
Unavailable
Acres
a view of a dining room and livingroom with furniture wooden floor a rug a flat screen tv a painting and a chandelier
1/24
9

$570,000

Sold 04/29/25

1
Bedrooms
845
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Long & Foster Real Estate, Inc.

Sold By RLAH @properties

Add your commute

Building Information for 1622 R Street Southeast

Stories-Residences4Year Built1936Building Size-Lot Size0.08 AC / 3,693 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$9,826 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,685

Property Taxes

$6,141

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1622 R Street Southeast

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • High School: ANACOSTIA SENIOR (WASHINGTON DC)
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $1,540,620
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $1,336,510
  • City Town Tax: $73,694
  • Land Assessed Value: $204,110
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RA2
  • Tax Lot: 8
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 7
  • Other Units: Unit 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Unit Type Finished SQFT: 100
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
Building Info
Building Info
  • Building Level Count: 4
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Soil Types: Unknown
  • Parcel ID: 16097680
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Above Ground, Other
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Other
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 1622 R Street Southeast

DateEvent & SourcePriceAppreciation
Jul 24, 2025

Closed (Public Record)

Public Record #1922793842

$725,000

+7.5% / yr

Jul 24, 2025

Closed

BRIGHT #DCDC2197804

$725,000
May 24, 2025

Pending

BRIGHT #DCDC2197804

DateEvent & SourcePrice
07/24/2025

Closed (Public Record)

Public Record #1922793842

$725,000

+7.5% / yr

07/24/2025

Closed

BRIGHT #DCDC2197804

$725,000
05/24/2025

Pending

BRIGHT #DCDC2197804

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1622 R Street Southeast

Taxable ValueLand$204,110Additions$1,336,510Total$1,540,620
Tax Record2025$13,095 ($1,091 / month)
Home Facts
Baths4Total Finished SqFt8,267 SqFtAbove Grade Finished SqFt8,267 SqFtStories4Lot Size3,693 SqFtStyleMulti-Family Dwelling (2-4)Year Built1936Year Renovated2021ZoningRA-2CountyDISTRICT OF COLUMBIAAPN5597 0008

Schools near 1622 R Street Southeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ketcham Elementary School
PublicPK to 5

Kramer Middle School
Public6 to 8

Anacostia High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

New listings in 20020

$435,000 | 1617 21st Place Southeast, Unit 104, Washington, DC 20020
1/32
New

$435,000

2
Bedrooms
1,174
Square Feet
$75,000 | 3103 Naylor Road Southeast, Unit 304, Washington, DC 20020
1/28
New

$75,000

1
Bedrooms
654
Square Feet
$37,900 | 2805 Erie Street Southeast, Unit A107, Washington, DC 20020
1/16

$37,900

2
Bedrooms
778
Square Feet
$659,500 | 3182 Westover Drive Southeast, Washington, DC 20020
1/22

$659,500

3
Bedrooms
3,005
Square Feet
0.13
Acres
$598,900 | 1222 Talbert Street Southeast, Washington, DC 20020
1/45
Open: 8/15 11:00AM - 01:00PM

$598,900

6
Bedrooms
2,056
Square Feet
0.07
Acres
$130,000 | 2301 Pitts Place Southeast, Unit 103, Washington, DC 20020
1/22

$130,000

2
Bedrooms
882
Square Feet
$600,000 | 3032 Nash Place Southeast, Washington, DC 20020
1/2
Compass Coming Soon

$600,000

3
Bedrooms
1,510
Square Feet
0.11
Acres
$825,000 | 1710 28th Place Southeast, Washington, DC 20020
1/2

$825,000

Unavailable
Bedrooms
Unavailable
Bathrooms
3,460
Square Feet
0.12
Acres
$575,000 | 1614 R Street Southeast, Washington, DC 20020
1/51
Virtual Tour

$575,000

Unavailable
Bedrooms
Unavailable
Bathrooms
3,312
Square Feet
0.08
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate, Inc.

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 07/25/2025 03:22 PM