5501 FOOTE STREET NE, WASHINGTON, DC 20019
WASHINGTON County
Key Facts
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. 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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Structure Type
House
Year Built
1960
Living Area
3,540 sq ft
Lot Size
0.06 acres
Zoning
R2
Days on Market
40
MLS® Listing#
DCDC2259728
Property Features
Cooling
Heating
Pool
Parking
Foundation
Sewer
Water Source
Schools
- High:
- H.D. WOODSON
- District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Financial Details
Annual Taxes
$3,456
Tax year 2026
Assessed Value
$406,590
Parcel Number
5225//0020
Directions
next to HD Woodson High School
Affordability Calculator
$230,000
Estimated monthly payment
$6,121/mo
Principal $920,000 · Est. interest $1,283,482 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in WASHINGTON, DC
- $551,977
- Median Listing Price
- 66
- Median Days on Market
- 1,250
- Median Sq Ft
- $481
- Median Price / Sq Ft
- 2,946
- Active Listings
- This home’s price is 108% above the area median.
- Its price per sq ft is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in WASHINGTON, DC.
Location
- 5501 FOOTE STREET NE, WASHINGTON, DC 20019
Points of Interest in WASHINGTON, DC
Showing the WASHINGTON area map.
Nearby Schools
H.D. Woodson High School
Secondary · 0.1 mi away
Drew Elementary School
Elementary · 0.1 mi away
Burrville Elementary School
Elementary · 0.3 mi away
The Monroe School
School · 0.4 mi away
KIPP DC Public Schools
School · 0.4 mi away
Nannie Helen Burroughs School
School · 0.4 mi away
Maya Angelou Schools
Secondary · 0.5 mi away
Nationhouse
School · 0.5 mi away
Evans Middle School
School · 0.5 mi away
DC Scholars PCS
Elementary · 0.5 mi away
Kelly Miller Middle School
Secondary · 0.6 mi away
Lorraine H. Whitlock Elementary School
Elementary · 0.6 mi away
SEAT Pleasant Elementary School
Elementary · 0.7 mi away
Houston Elementary School
Elementary · 0.7 mi away
Robert R. Gray Elementary School
Elementary · 0.8 mi away
Ron Brown College Preparatory High School
Secondary School · 0.9 mi away
J.C. Nalle Elementary School
Elementary · 0.9 mi away
Smothers Elementary School
Elementary · 0.9 mi away
C.W. Harris Elementary School
Elementary · 1.0 mi away
Idea Public Charter School
Secondary · 1.0 mi away
Commute Calculator
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Similar Home Values
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|---|---|---|---|---|
| 1938 I STREET NE, WASHINGTON, DC | $898,000 | 20 | — | 2,368 |
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| 4611 QUARLES STREET NE, WASHINGTON, DC | $999,000 | 13 | — | 6,777 |
| 1148 OWEN PLACE NE, WASHINGTON, DC | $1,100,000 | 12 | — | 4,200 |
| 4020 8TH STREET NE, WASHINGTON, DC | $1,174,000 | 12 | — | 3,488 |
| 1250 QUEEN STREET NE, WASHINGTON, DC | $1,175,000 | 12 | — | 3,376 |
Moving Cost Estimate
EXIT Agents in WASHINGTON
Listing Courtesy: Fairfax Realty of Tysons - 7037528660