1419 Minnesota Ave SE · Washington, DC 20020

$799,899

6 bd · 3.5 ba · 2,280 sqft · MultiFamily public records · 23 Days on market

Built 1939 4,750 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.8/30.0
• ARV discount +7.5/15.0
• DSCR +4.2/10.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Rent growth +3.5/5.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks MLS

ENDLESS POSSIBILITIES! This home is truly a unique gem with boundless potential and offers exceptional opportunity. Whether for a first-time homebuyer looking to create a home of their dreams with additional rental units, or for an investor/developer looking for their next venture. Bring your vision and bring to reality the exceptional amount of possibility of this property. An all-brick, 3-level, detached home with front porch in the heart of revitalized Anacostia. The property includes 3,500+ square feet of living space across three levels and three units. It has a total of 4 bedrooms, 3.5 baths, and 3+ kitchens (the information in the tax record is incorrect). Currently set up with a main level unit with 2 bedrooms, 1 bath, living room, dining room, and kitchen, with a finished basement that consists of a large rec room, full kitchen, half bath, and laundry room. This property also has two 1-bedroom units on the upper level, each with their own kitchen, living room, bedroom, and full bath. Update the property using the existing floorplan to have 3 rentable units or keep one to live in and rent the other two to offset your mortgage. Alternatively, the floorplan could be reconfigured to have the upper level as a single unit with multiple bedrooms. The basement level has its own front and rear access, and therefore also has the potential to be converted to an additional unit. The property is already separately metered for both gas and electrical for each of the three units. Behind the dwelling is also a brick one-car garage. The dwelling also is situated off-centered on a large 4,750 sqft lot (located next to a park), which provides additional potential opportunity to expand the existing structure or possibly build another home/condos. Nearby landmarks and points of interest include Busboy and Poets restaurant, the Anacostia Museum, Nationals Baseball Stadium, Audi Field (soccer), Langston Golf Course, Capitol Hill, downtown DC, Navy Yard, The Wharf, National Harbor, and more! Other nearby developments include the much-anticipated 11th St Bridge project. Spanning the Anacostia River, this will include gardens, public art space, and venues for community events. Take this opportunity to grab this property with so much possibility and make it your own! This property is part of an Estate Sale and is strictly being Sold As-Is.

Key facts

• 4,750 sq ft lot
• Garage
• Built 1939

Property features AI

Finance

• Financial info: Fee simple ownership interest; Property contains 2 total units; Unit 3 listed as other unit; Three vacant units reported

Exterior

• Parking: Detached rear-entry garage (1 garage space, 1 total garage/parking space)
• Utilities: Public water; Public sewer
• Home design: Detached structure; Brick construction
• Construction: Brick construction; Foundation: Other
• Exterior features: No tidal water

Interior

• Bedrooms: Two one-bedroom units (multi-unit property)
• Heating & cooling: Electric baseboard heating; Electric cooling fuel; Natural gas hot water
• Interior features: Finished above-grade living area per assessor; Finished below-grade area per assessor

What this means for you Summary

Snapshot

• This is a 3 × 3-bed/1-bath units multifamily listed at $800k.

Deal economics

• At list price, monthly cash flow is $71 ($849/yr) — positive. Per door: $24/mo.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $644k (19.4% below list).
• Recommended offer: $644k (19.4% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 2.5% in Washington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#1 in DC) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
• District Of Columbia Public Schools (urban): math 33% / reading 40% proficiency, ranked #8 of 32 in DC (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.9%/yr); 296 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,737 units permitted in District of Columbia in 2024 (1,506 in 5+ unit buildings).
• At $6,444/mo this rent would consume 143% of the median local household income ($54k/yr) (locally 5148% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $24k of value loss. Plan a longer hold.
• District of Columbia County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($788k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $575k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $644,400 (19.4% below list)

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.81% ✗
• Cap rate: 6.40%
• Cash-on-cash: 0.38%
• DSCR: 1.02
• GRM: 10.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.86% rent growth · sell at horizon

5-year hold

• IRR: -14.9%
• Equity multiple: 0.47×
• Total profit: $-119,705
• Equity at exit: $119,268

10-year hold

• IRR: -5.0%
• Equity multiple: 0.66×
• Total profit: $-75,825
• Equity at exit: $69,161

Cash invested: $223,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State District of Columbia: 12 Strongly Tenant-Friendly · D+43
• County: — inherits STATE
• City Washington: 0 Strongly Tenant-Friendly · D+43

Rent Stabilization Program; TOPA gives tenants right of first refusal.

Methodology + full state rankings →

ZIP-level market 20020

• Rents YoY: 3.9%
• Active inventory: 296
• Price-to-rent: 31.0×

Monthly cashflow live

• Estimated rent: $6,444 high
• Mortgage (P&I): −$4,195
• Tax from tax record: −$492 /mo · $5,904/yr
• Insurance: −$333
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,353
• Net cashflow: $71

Break-even live

Break-even rent $6,354

Max offer price $799,899

Occupancy floor 94%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	3	1	$6,444
Total (3 units)			$6,444

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $199,975
• Closing costs: $23,997
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1616 Marion Barry Ave SE Washington, DC	6.0	3.0	2080	$5,500	$2.64	2d	1	0.14mi
1953 19th Pl SE Apt B2 Washington, DC	6.0	2.0	1860	$7,365	$3.96	24d	1	0.37mi
1953 19th Pl SE Unit 304 Washington, DC	6.0	2.0	1860	$8,100	$4.35	24d	1	0.37mi
1953 19th Pl SE Unit 204-205 Washington, DC	6.0	2.0	1960	$7,550	$3.85	5d	1	0.37mi
1433 Howard Rd SE Washington, DC	5.0	3.5	2000	$7,500	$3.75	19d	1	0.61mi
2412 18th St SE Washington, DC	5.0	2.0	1584	$3,300	$2.08	24d	1	0.75mi
2412 18th St SE Washington, DC	5.0	2.0	1584	$3,500	$2.21	24d	1	0.75mi
1726 Gainesville St SE Unit 1726 20020 Washington, DC	6.0	3.5	2400	$7,000	$2.92	24d	1	0.84mi
2530 Elvans Rd SE Unit B Washington, DC	5.0	3.5	2760	$7,500	$2.72	8d	1	0.95mi
2530 Elvans Rd SE Washington, DC	7.0	3.5	2760	$8,500	$3.08	3d	1	0.95mi
3012 Alabama Ave SE Washington, DC	6.0	2.0	2361	$6,800	$2.88	24d	1	1.15mi
2211 32nd Pl SE Washington, DC	7.0	3.0	2569	$8,300	$3.23	24d	1	1.29mi

Listing history 19 events

1. 2026-06-18
   days on market $799,899 Active 23 DOM
2. 2026-06-17
   days on market $799,899 Active 22 DOM
3. 2026-06-16
   days on market $799,899 Active 21 DOM
4. 2026-06-15
   days on market $799,899 Active 20 DOM
5. 2026-06-13
   pricedays on market $799,899 Active 18 DOM
6. 2026-06-09
   days on market $799,900 Active 14 DOM
7. 2026-06-08
   days on market $799,900 Active 13 DOM
8. 2026-06-07
   days on market $799,900 Active 12 DOM
9. 2026-06-04
   days on market $799,900 Active 9 DOM
10. 2026-06-03
    days on market $799,900 Active 8 DOM
11. 2026-06-02
    days on market $799,900 Active 7 DOM
12. 2026-06-01
    days on market $799,900 Active 6 DOM
13. 2026-05-31
    days on market $799,900 Active 5 DOM
14. 2026-05-24
    historical $799,900
15. 2023-11-03
    soldstatus $575,000
16. 2023-11-01
    soldstatus $575,000 Closed 2363-char remark

    Show marketing remark (2363 chars)

    ENDLESS POSSIBILITIES! This home is truly a unique gem with boundless potential and offers exceptional opportunity. Whether for a first-time homebuyer looking to create a home of their dreams with additional rental units, or for an investor/developer looking for their next venture. Bring your vision and bring to reality the exceptional amount of possibility of this property. An all-brick, 3-level, detached home with front porch in the heart of revitalized Anacostia. The property includes 3,500+ square feet of living space across three levels and three units. It has a total of 4 bedrooms, 3.5 baths, and 3+ kitchens (the information in the tax record is incorrect). Currently set up with a main level unit with 2 bedrooms, 1 bath, living room, dining room, and kitchen, with a finished basement that consists of a large rec room, full kitchen, half bath, and laundry room. This property also has two 1-bedroom units on the upper level, each with their own kitchen, living room, bedroom, and full bath. Update the property using the existing floorplan to have 3 rentable units or keep one to live in and rent the other two to offset your mortgage. Alternatively, the floorplan could be reconfigured to have the upper level as a single unit with multiple bedrooms. The basement level has its own front and rear access, and therefore also has the potential to be converted to an additional unit. The property is already separately metered for both gas and electrical for each of the three units. Behind the dwelling is also a brick one-car garage. The dwelling also is situated off-centered on a large 4,750 sqft lot (located next to a park), which provides additional potential opportunity to expand the existing structure or possibly build another home/condos. Nearby landmarks and points of interest include Busboy and Poets restaurant, the Anacostia Museum, Nationals Baseball Stadium, Audi Field (soccer), Langston Golf Course, Capitol Hill, downtown DC, Navy Yard, The Wharf, National Harbor, and more! Other nearby developments include the much-anticipated 11th St Bridge project. Spanning the Anacostia River, this will include gardens, public art space, and venues for community events. Take this opportunity to grab this property with so much possibility and make it your own! This property is part of an Estate Sale and is strictly being Sold As-Is.

17. 2023-09-19
    status Pending 2363-char remark

    Show marketing remark (2363 chars)

    ENDLESS POSSIBILITIES! This home is truly a unique gem with boundless potential and offers exceptional opportunity. Whether for a first-time homebuyer looking to create a home of their dreams with additional rental units, or for an investor/developer looking for their next venture. Bring your vision and bring to reality the exceptional amount of possibility of this property. An all-brick, 3-level, detached home with front porch in the heart of revitalized Anacostia. The property includes 3,500+ square feet of living space across three levels and three units. It has a total of 4 bedrooms, 3.5 baths, and 3+ kitchens (the information in the tax record is incorrect). Currently set up with a main level unit with 2 bedrooms, 1 bath, living room, dining room, and kitchen, with a finished basement that consists of a large rec room, full kitchen, half bath, and laundry room. This property also has two 1-bedroom units on the upper level, each with their own kitchen, living room, bedroom, and full bath. Update the property using the existing floorplan to have 3 rentable units or keep one to live in and rent the other two to offset your mortgage. Alternatively, the floorplan could be reconfigured to have the upper level as a single unit with multiple bedrooms. The basement level has its own front and rear access, and therefore also has the potential to be converted to an additional unit. The property is already separately metered for both gas and electrical for each of the three units. Behind the dwelling is also a brick one-car garage. The dwelling also is situated off-centered on a large 4,750 sqft lot (located next to a park), which provides additional potential opportunity to expand the existing structure or possibly build another home/condos. Nearby landmarks and points of interest include Busboy and Poets restaurant, the Anacostia Museum, Nationals Baseball Stadium, Audi Field (soccer), Langston Golf Course, Capitol Hill, downtown DC, Navy Yard, The Wharf, National Harbor, and more! Other nearby developments include the much-anticipated 11th St Bridge project. Spanning the Anacostia River, this will include gardens, public art space, and venues for community events. Take this opportunity to grab this property with so much possibility and make it your own! This property is part of an Estate Sale and is strictly being Sold As-Is.

18. 2023-09-16
    listed $599,900 Active 2363-char remark

    Show marketing remark (2363 chars)

    ENDLESS POSSIBILITIES! This home is truly a unique gem with boundless potential and offers exceptional opportunity. Whether for a first-time homebuyer looking to create a home of their dreams with additional rental units, or for an investor/developer looking for their next venture. Bring your vision and bring to reality the exceptional amount of possibility of this property. An all-brick, 3-level, detached home with front porch in the heart of revitalized Anacostia. The property includes 3,500+ square feet of living space across three levels and three units. It has a total of 4 bedrooms, 3.5 baths, and 3+ kitchens (the information in the tax record is incorrect). Currently set up with a main level unit with 2 bedrooms, 1 bath, living room, dining room, and kitchen, with a finished basement that consists of a large rec room, full kitchen, half bath, and laundry room. This property also has two 1-bedroom units on the upper level, each with their own kitchen, living room, bedroom, and full bath. Update the property using the existing floorplan to have 3 rentable units or keep one to live in and rent the other two to offset your mortgage. Alternatively, the floorplan could be reconfigured to have the upper level as a single unit with multiple bedrooms. The basement level has its own front and rear access, and therefore also has the potential to be converted to an additional unit. The property is already separately metered for both gas and electrical for each of the three units. Behind the dwelling is also a brick one-car garage. The dwelling also is situated off-centered on a large 4,750 sqft lot (located next to a park), which provides additional potential opportunity to expand the existing structure or possibly build another home/condos. Nearby landmarks and points of interest include Busboy and Poets restaurant, the Anacostia Museum, Nationals Baseball Stadium, Audi Field (soccer), Langston Golf Course, Capitol Hill, downtown DC, Navy Yard, The Wharf, National Harbor, and more! Other nearby developments include the much-anticipated 11th St Bridge project. Spanning the Anacostia River, this will include gardens, public art space, and venues for community events. Take this opportunity to grab this property with so much possibility and make it your own! This property is part of an Estate Sale and is strictly being Sold As-Is.

19. 1996-12-17
    soldstatus $140,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast DC · Partial reset (capped growth)

• Current annual tax: $5,904 · $492/mo
• Projected year-2 tax: $5,904 · $492/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $77,328
• − Mortgage interest: −$44,807
• − Property taxes: −$5,904
• − Insurance: −$3,999
• − Repairs & maintenance: −$6,186
• − Management: −$6,186
• − Depreciation: −$23,270
• Taxable loss: −$13,024
• Est. tax savings @ 24.0%: +$3,126
• After-tax cash flow: $3,975/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: District Of Columbia Public Schools
• NCES district ID: 1100030
• Math proficiency: 33% ▲ 3.00%
• Reading proficiency: 40% ▲ 5.00%
• Median HH income: $67,671
• Composite: 35.84/100
• National rank: #9606
• State rank: #8 of 32 in DC

Livability — Washington

• Score: 73/100
• State rank: #1
• US rank: #5327

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing C Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Washington, DC
• County: District of Columbia · 671,873 people
• City population: 671,873
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 53,005
• Household income: $54,032
• Rent vs Own: 69.8% rent · 30.2% own
• Severe rent burden: 5148.0

Population outlook (District of Columbia County) Hauer SSP2

• Today (2025): 821,926 people
• By 2030: 899,517 · +9.4%
• By 2040: 1,061,162 · +29.1%
• By 2050: 1,231,493 · +49.8%
• By 2075: 1,603,312 · +95.1%
• By 2100: 1,847,141 · +124.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (90%)
• Race & ethnicity: Black 90% Two or more races 3% Hispanic / Latino 3% White 3%
• Common ancestry: Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · District of Columbia

• 2024 margin: Solid D (+86.1) · D 91.2% · R 5.1% · Other 3.8%
• 2008→2024 swing: +0.1pp no change · 2008: 85.9pp · 2024: 86.1pp
• All cycles: 2024: D+86.1 2020: D+86.8 2016: D+88.7 2012: D+84.2 2008: D+85.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -415.44%
• Current HPI: 306.5068
• Rent YoY: ▲ 3.86%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• State GDP YoY: ▲ 1.33%
• F500 in state: 6

Industry mix (Fortune 500 HQ in DC)

Industry	F500 HQs	Revenue
▸Financial Services	1	$153B
▸Life Sciences / Industrials	1	$25B
▸Industrial Machinery	1	$8B

Price history

+471.4% since first listed

6 events — show timeline

• 2026-05-24 Coming Soon $799,900 BRIGHT MLS
• 2023-11-03 Sold (Public Records) $575,000 Public Records
• 2023-11-01 Sold (MLS) $575,000 BRIGHT MLS
• 2023-09-19 Pending — BRIGHT MLS
• 2023-09-16 Listed $599,900 BRIGHT MLS
• 1996-12-17 Sold (Public Records) $140,000 Public Records

Property tax history

+3.9%/yr

Latest (2025): $5,904 · +1.4% YoY. Source: county tax records.