5501 Foote St NE

4
Baths
3,540 Sq. Ft.
$339 / Sq. Ft.
3,540
Sq. Ft.
$339
per Sq. Ft.

Description

This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents....This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.
  1. Listed by Santiago Noguera • Fairfax Realty of Tysons
    P: (703)-376-7675 santiagonoguera99@gmail.com

Property Details for 5501 Foote Street Northeast

Tax ID Number
2019100233
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
No
Central Air
Yes
Above Grade Finished SQFT
3,540.00
LISTING UPDATED: 05/04/2026 10:26 AM

Property Details for 5501 Foote Street Northeast

StatusActive
MLS #DCDC2259728
Days on Market1
Taxes$3,456 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1960
Lot Size0.06 AC / 2,614 SF
CountyDistrict of Columbia

Location

Listing Courtesy of Fairfax Realty of Tysons
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Building Information for 5501 Foote Street Northeast

Stories-Residences4Year Built1960Building Size-Lot Size0.06 AC / 2,614 SF

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$6,331 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,043

Property Taxes

$288

HOA Dues

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Property Information for 5501 Foote Street Northeast

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • High School: H.D. WOODSON (WASHINGTON DC)
  • HighSchoolSource: Listing Agent
  • 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: 2026
  • Tax Assessed Value: $406,590
  • Year Assessed: 2026
  • Improvement Assessed Value: $104,290
  • City Town Tax: $0
  • Land Assessed Value: $302,300
  • Clean Green Assessed: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: R2
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Management, Repairs, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 6
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1
  • Units Leased Count: 4
  • Number Of Units Vacant: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense Includes: Trash
Financial Information
  • Net Operating Income: $65,100
  • Annual Rental Income: $82,800
  • Income Includes: Apartment Rentals
  • Cap Rate: 5.50
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,540.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Soil Types: Unknown
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Multi-tank
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 5501 Foote Street Northeast

DateEvent & SourcePriceAppreciation
May 4, 2026

Listed (Active)

BRIGHT #DCDC2259728

$1,200,000
Aug 14, 2019

Closed

BRIGHT #DCDC307936

$950,000
Feb 5, 2019

Pending

BRIGHT #DCDC307936

DateEvent & SourcePrice
05/04/2026

Listed (Active)

BRIGHT #DCDC2259728

$1,200,000
08/14/2019

Closed

BRIGHT #DCDC307936

$950,000
02/05/2019

Pending

BRIGHT #DCDC307936

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

Public Records for 5501 Foote Street Northeast

Taxable ValueLand$104,290Additions$326,160Total$430,450
Tax Record2025$3,659 ($305 / month)
Home Facts
Total Finished SqFt5,112 SqFtAbove Grade Finished SqFt5,112 SqFtStories3Lot Size2,584 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated2011ZoningR-2CountyDISTRICT OF COLUMBIAAPN5225 0020

Schools near 5501 Foote Street Northeast

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
Drew Elementary School
PublicPK to 5

Kelly Miller Middle School
Public6 to 8

H.D. Woodson 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.

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5501 Foote Street Northeast is a multi-family home for sale in Washington, DC 20019. This property was listed for sale on May 4, 2026 by Fairfax Realty of Tysons, it's currently listed at $1,200,000. It has been on the market for a total of 1 days and was last sold on August 14, 2019. This listing's school district is District Of Columbia Public Schools. Nearby schools include Drew Elementary School, Kelly Miller Middle School and H.D. Woodson High School. 5501 Foote Street Northeast is a 8-bed, 4-bath, 3,540 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fairfax Realty of Tysons

© 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 05/04/2026 10:26 AM