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5601 Colorado Ave
For Sale $1,350,000
$1,350,000
- 6 Units
- Unknown Sq Ft
- Unknown Sq Ft
- Unknown Cap Rate
Description
Six-Unit Apartment Building | Offered at $1,350,000
Rare opportunity to acquire a well-maintained six-unit apartment building in the highly desirable 16th Street Heights / Brightwood Park area of Northwest Washington, DC. Built in 1936, this classic brick apartment building consists of six one-bedroom, one-bath units and offers investors stable income with significant long-term upside in one of DC's most established residential neighborhoods.
The property features spacious one-bedroom floor plans, hardwood flooring, updated kitchens in select units, on-site laundry facilities, basement storage, and off-street parking availability. Residents enjoy convenient access to Rock Creek Park, 16th Street, public transportation, neighborhood shopping, dining, and major commuter routes throughout the District and surrounding metropolitan area.
Current operations include a mix of market-rate and voucher-assisted tenancy, creating a diversified income stream. Based on current rents, the property generates approximately $148,164 in annual gross income. After operating expenses of approximately $30,445 annually, the building produces an estimated Net Operating Income (NOI) of $117,719, resulting in an attractive 8.7% capitalization rate at the asking price of $1,350,000. This represents a compelling opportunity for investors seeking immediate cash flow and long-term appreciation potential in the Washington, DC market. All numbers based on 2025 full year expenses.
Investment Highlights
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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 | $1,350,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 4 stories |
| Parking Spots | 0 spots |
| Year Built | 1936 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2798//0016 |
| MLS # | DCDC2267460 |
| Property ID | 321714244 |
| Lot Sqft | Unknown |
| Zoning | R-5-A |
| Total Units | 6 |
| Days on Market | 31 |
| Original List Price | Unknown |
| Date Updated | June 15, 2026 |
| Date Created | June 09, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Alex Saenger an agent of . Lic #SP98371304
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Data last updated: July 10, 2026.
Robert Crawford
REAL ESTATE AGENT