5601 Colorado Avenue NW Washington, DC 20011
Listing Courtesy of: BRIGHT IDX / Listed By: Alex Saenger, Century 21 New Millennium

  5601 Colorado Avenue NW Washington, DC 20011

Active (3 Days)
$1,350,000 (USD)

Description

Six-Unit Apartment Building | Offered at $1,350,000Rare 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.

MLS #:
DCDC2267490
Taxes
$7,007(2024)
Type
Multifamily
Year Built
1936
Style
Traditional, Federal
School District
District of Columbia Public Schools

Listed By

Alex Saenger, Century 21 New Millennium
Source
BRIGHT IDX
Last checked Jun 13 2026 at 3:36 AM EDT
Bathroom Details
Subdivision
  • 16Th Street Heights
Lot Information
  • Corner
  • Other
Property Features
  • Above Grade
Heating and Cooling
  • Heat Pump(s)
  • Forced Air
  • Central A/C
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
Living Area
  • 5,560 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by C21 New Millennium and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/12/26 20:36