About this home

Exceptional value-add opportunity to acquire a four-unit multifamily property with green surroundings, yet located in one of Northeast DC's rapidly evolving neighborhoods. Each unit is approximately 750 square feet of interior living space and includes a finished second bedroom or den, central air, and in-unit washer and dryer setups, creating strong rental appeal and flexible investment potential. Three of the four units offer strong rent-ready potential with cosmetic updates and repairs, while one unit is gutted - ideal for investors or developers looking to maximize upside and build equity. Adding to the potential, two adjacent lots are also available for purchase, offering a rare chance to expand the existing footprint, increase unit sizes, explore additional development possibilities, or create a larger-scale multifamily project in an evolving area. Located near Gallaudet University, Union Market, and the vibrant H Street Corridor, the property offers easy access to acclaimed restaurants, coffee shops, nightlife, retail, and entertainment. Outdoor enthusiasts will appreciate being next door to the United States National Arboretum and moments from Kingman Island, Kenilworth Aquatic Gardens, The Fields at RFK Campus, and the scenic Anacostia Riverwalk Trail system for biking, running, and waterfront recreation. Whether you're seeking a buy-and-hold investment, redevelopment opportunity, or long-term portfolio addition with expansion potential, 1227 18th Pl NE offers a compelling combination of location, scale, and future upside.

Facts and features

Schools

• Browne Education Campus

  elementary · K-8 · 0.4 mi

  4

• Eastern High School

  high · 9-12 · 1.1 mi

  3

• New Beginnings Vocational Program LLC

  high · 9-12 · 0.7 mi

• KIPP DC Northeast Academy PCS

  elementary · 5-8 · 0.3 mi

  3

• KIPP DC - Connect Academy PCS

  elementary · K · 0.3 mi

• Phelps Architecture, Construction, and Engineering High School

  high · 9-12 · 0.4 mi

  8

Price history

• May 7, 2026 · Listed$599,000
• Jul 2, 2018 · Sold$25,000
• Apr 25, 2016 · Sold$595,000
• Nov 17, 2015 · Listing Removed$585,000
• Nov 10, 2015 · Listed$585,000
• Nov 10, 2015 · Listed$585,000
• Aug 5, 2011 · Sold$373,900
• Aug 2, 2011 · Listing Removed$373,900

Tax history

• 2026$7,143 tax · $840,380 assessed
• 2025$7,464 tax · $840,380 assessed
• 2024$7,594 tax · $878,220 assessed
• 2023$7,225 tax · $850,110 assessed
• 2022$6,857 tax · $806,820 assessed
• 2021$6,690 tax · $787,140 assessed
• 2020$6,190 tax · $728,350 assessed
• 2019$5,632 tax · $662,620 assessed

Home value

$685,412

• Quantarium$685,412

Where it is