118 P Street SW
Washington, DC 20024
- – beds
- – baths
- 1,120 sqft
- 1,235 sqft lot
- $624 per sqft
- 1941 build
Charming 2-Unit Property in Prime Washington, DC Location! Discover an incredible investment opportunity in the heart of Southwest Washington, DC! This 2-unit semi-detached brick home, built in 1941, offers historic charm with modern convenience. Perfect for investors, multi-generational living, or those looking to generate rental income, this property is a true gem. Nestled in the sought-after Old City #1 neighborhood, it is just minutes from Nationals Park, The Wharf, and Downtown DC, making it an ideal location for urban living. Each unit features a 1-bedroom, 1-bathroom configuration, offering comfortable living spaces filled with natural light. The home boasts a classic Colonial style with a timeless brick exterior, hardwood floors, and large windows that enhance its charm. Both units come equipped with functional galley-style kitchens featuring essential appliances, making meal preparation effortless. Additionally, the property includes an unfinished 620 sq. ft. basement, providing potential for expansion or extra storage. Sitting on a 1,235 sq. ft. lot, the home offers an outdoor space perfect for urban dwellers looking to enjoy fresh air in a bustling city environment. The property provides easy access to major highways, public transit, and commuter routes, making it highly convenient for residents. It also presents a fantastic investment opportunity with its R4 zoning classification and no rent control restrictions, allowing for long-term rental income potential. With 1,120 sq. ft. of total living space, the home includes central heating powered by natural gas and central A/C, ensuring year-round comfort. On-street parking is available, adding to the home’s accessibility. This rare find in a vibrant and growing DC community is perfect for those looking for a residence with rental income potential or an investment property in an appreciating market. Don’t miss this incredible opportunity—schedule your private showing today!
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Last updated Mar 15, 2025
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MLS# DCDC2176198 —
The Building
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Year Built:1941
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Units Total:2
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Structure Type:Twin/Semi-Detached
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Architectural Style:Colonial
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Unfinished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:620
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:1120
Interior
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Interior Features:Kitchen - Galley
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1740
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Living Area SqFt:1,120 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:FHA, VA, Conventional, Cash
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Possession:Settlement
Location
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Directions:SOUTH CAPITAL STREET SOUTH
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Latitude:38.87181000
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Longitude:-77.01291000
The Property
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Property Subtype:Duplex
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Property Type:Multi-Family
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot SqFt:1,235 Sqft
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Zoning:R4
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Soil Types:Unknown
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (571) 282-8742
- Office phone:
- (571) 318-6020
Taxes
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Tax ID Number:0601//0817
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Tax Year:2024
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Tax Lot:817
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Tax Annual Amount:$5,403
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Tax Assessed Value:$642,630
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Year Assessed:2024
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City/Town Tax:5403.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Washer, Dryer, Disposal, Refrigerator, Range Hood, Oven/Range - Gas
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Old City #1
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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One Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/24/25
Feb 24, 2025
|
Listed / Active | BRIGHT | $699,000 |