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2323 Green St
For Sale $900,000 ($311.63 per Sq Ft)
$900,000 ($311.63 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,888 Sq Ft
- 6,305 Sq Ft
Description
THE OPPORTUNITY
2323 Green Street SE presents a compelling opportunity to acquire a four-unit multifamily property in the evolving Randle Highlands neighborhood of Washington, DC. The building is configured as 4 3BR/1BA Units.
With 50% current occupancy and an average in-place rent of $2,107, the property offers immediate upside through lease-up and rent stabilization. Its large unit layouts cater to families and roommates alike, broadening tenant appeal in a rapidly appreciating submarket.
RENT CONTROL EXEMPT
As a four-unit asset, the property qualifies for DC’s rent control exemption for first-time multifamily owners. This status enhances long-term income potential by allowing for market-based rent increases—an ideal entry point for investors seeking flexibility and value growth in the DC multifamily sector.
UPSIDE THROUGH RENOVATION AND LEASE-UP
With two units currently vacant, there is an opportunity for value-add improvements to boost rents and minimize deferred maintenance. A light renovation and lease-up strategy could significantly enhance cash flow and overall asset value in a submarket seeing continued investment and revitalization.
LARGE, RENTABLE FLOORPLANS
Each of the four units features three spacious bedrooms, ideal for maximizing per-unit income. This format supports both family-oriented and shared living arrangements, expanding the tenant base and reducing leasing risk.
STRATEGIC SOUTHEAST DC LOCATION
Situated near downtown Anacostia, the property provides convenient access to Downtown DC, Capitol Hill, and major commuter routes. It is well-served by multiple Metrobus lines, and within a short drive to the Potomac Ave and Anacostia Metro Stations, enhancing connectivity and future demand.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $900,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,888 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1942 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5753//0082 |
| MLS # | DCDC2239420 |
| Property ID | 322490168 |
| Lot Sqft | 6,305 |
| Zoning | R5A |
| Total Units | 4 |
| Days on Market | 28 |
| Original List Price | Unknown |
| Date Updated | January 12, 2026 |
| Date Created | January 06, 2026 |
Listing Provided By
Ari Firoozabadi an agent of . Lic #PB98361353
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Data last updated: February 03, 2026.
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Robert Crawford
REAL ESTATE AGENT