737 MORTON ST NW Washington, DC 20010
4 Beds
4 Baths
1,882 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,882 sqft
Price per Sqft $467
Subdivision Columbia Heights
MLS Listing ID DCDC2249108
Style Traditional
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,882
Year Built 1906
Available Date 2026-03-13
Annual Tax Amount $7,011
Tax Year 2025
Lot Size 2,435 Sqft
Lot Dimensions 147.7ft x16.6ft (2435sqft)
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
- Generates $70,800/year in rental income
- Only $11K in owner expenses/year
- Nearly 6.9% cap rate - much higher than the average cap rate in DC
- Seller plans to lease in approximately one week
Tucked in the heart of one of DC's most walkable neighborhoods, this two-unit property offers the best of both worlds: a vibrant, amenity-rich location steps from Georgia Avenue dining, nightlife, and Metro, with the kind of flexible layout that works for owner-occupants and investors alike.
The top-floor unit spans the full level with an open-concept layout, bamboo and hardwood floors, granite countertops, stainless steel appliances, a large kitchen island, two bedrooms, two full baths, and in-unit laundry. Under DC housing code, the top-floor unit has the potential to expand vertically with a second-story addition — an uncommon opportunity to significantly increase square footage and long-term value. Natural light pours through generous windows, and two gated off-street parking spaces add everyday convenience that's hard to come by in this neighborhood.
The lower-level unit mirrors the quality with two bedrooms and one-and-a-half baths — also freshly renovated and move-in ready. With both units vacant, you set the rents, choose your tenants, and start building income on your own terms from day one.
Both units have demonstrated consistent rental demand driven by the location and layouts. Well-suited for buyers using NACA or DC Open Doors financing programs.
Location
State DC
County Washington
Zoning 024
Rooms
Other Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Half Bath
Main Level Bedrooms 2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s), Porch(es)
Water Access N
Accessibility None
Porch Deck(s), Porch(es)
Garage N
Private Pool No
Building
Story 2
Foundation Brick/Mortar
Above Ground Finished SqFt 1882
Sewer No Septic System, Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 2894//0892
Ownership Fee Simple
SqFt Source 1882
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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