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2313 Minnesota Ave SE , Washington, DC 20020
$499,000
Est. Payment: $2,768.61/mo
5 Bed
2 Bath
1428 Sqft
0.06 Acres
Status: active | Days on site: 10
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REKL1 - 3109753
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House Description

TWIN MU-4 ROWHOMES: TURNKEY HIGH-YIELD ASSETS WITH FUTURE DEVELOPMENT UPSIDE. Positioned just one block off the Pennsylvania Ave SE commercial corridor, 2311 and 2313 Minnesota Ave SE offer a rare combination of immediate, high-yield cash flow and long-term zoning flexibility. Available for purchase individually or together as an assemblage, each semi-detached rowhome is delivered in updated, move-in-ready condition equipped with central air conditioning and a spacious 5-bedroom, 2-bathroom layout. Current submarket benchmarks for 5-bedroom voucher programs demonstrate strong earning potential, evidenced by recent local comps including 2332 Q St SE (leased at $6,218/mo on 05/07/26), 1335 T St SE (leased at $6,382/mo on 10/05/26), and 1426 S St SE (lease pending at $5,800/mo), supporting a conservative pro-forma estimate of a 14% cash-on-cash return on Day 1 operations even in today's rate climate. Additionally, each property features a full, unfinished basement with high ceilings that presents an immediate value-add pathway to build out an additional bedroom, where 6-bedroom voucher payment standards in the submarket currently command upwards of $7,000/month. For long-term investors, the underlying MU-4 zoning (moderate-density mixed-use) unlocks substantial future exit strategies, including multi-unit apartment conversion, commercial integration, or vertical redevelopment across both contiguous parcels. DISCLAIMER: Pro-forma projections, historical comps, voucher payment schedules, and zoning re-use potential are provided for informational and analytical purposes only. Buyer and buyer's broker are strictly responsible for conducting their own independent due diligence regarding zoning allowances, allowable density, building permits, Certificate of Occupancy requirements, tax assessments, and current local housing voucher payment standards prior to closing.

Highlights

Listed by Abel M Gebremichael , 2026010160 Real Broker, LLC , 8554500442. Bright MLS

Property Type

Residential

Lot/Acreage
0.06

Year Built

1912

County

Washington

Neighborhood

Randle Heights

School District

District Of Columbia Public Schools

Listing ID

DCDC2287924

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:1428
Basement:Unfinished
Other:
  • ▪ Main Floor Bedrooms:2
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:Mixed use
Sewer:Private Sewer
Principal Interest
$2,769
Taxes
$370

Home Price

$499,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,768.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,768.61 $370.17 $0.00 $3,138.78
Yearly $33,223.33 $4,442.00 $0.00 $37,665.33
Total $996,700.04 $133,260.00 $0.00 $1,129,960.04
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS