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623 5th Street NE photo 1
coming soonNew — 0d on market
1 / 1

$2,900,000

623 5th Street NE,Washington, DC 20002
0
beds
0
baths
6,325
sqft
1912
built

Overview

Investor Alert! Rare opportunity to acquire a large seven-unit apartment building in the heart of Capitol Hill, offering strong in-place income, low operating expenses, and significant value-add potential. With a Net Operating Income of $195,650, this well-maintained property delivers immediate cash flow while providing ample opportunity for a new owner to increase value and maximize future returns. One of the property's standout features is its abundance of private outdoor space. Every residence includes at least one private outdoor area, while most offer two private balconies, an increasingl...

Listing updated: July 29, 2026 at 12:18 PM

Listed by:

Deborah K Reynolds (240) 885-6806, Keller Williams Realty, Co-Listing Agent: Greg S Schwartz (202) 915-6472, Keller Williams Realty

Source: Bright MLS · MLS #DCDC2275936Bright MLS

Property details

Your cost estimate

Est. monthly payment

$17,464/mo
Principal & interest
$15,202
Property tax
$1,295
Home insurance (est.)
$967

Down payment

$580,00020% of list price
Adjust down payment20%
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Based on $580,000 down (20% of list price), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Personalized Mortgage Summary

Price history

DateEventPrice
Jul 29, 2026Listed for sale$2,900,000

Location

623 5th Street NE, Washington, DC 20002

Nearby schools

School district: District Of Columbia Public Schools

Ludlow-Taylor

Elementary School

Stuart-Hobson

Middle School

Eastern

High School

Recently sold nearby

Similar homes sold within 0.5 miles in the last 90 days.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Nearby homes

$17,464/mo

Est. · $2,900,000 list

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 7/29/2026.