$10,000 Closing Credit¹
#DCDC2191416, Michael J Schaeffer, Listing Office: Coldwell Banker Realty - Washington
$1,600,000 List price
1224 Maryland Ave NE Washington, DC 20002
$10,000
Closing credit¹
4,000 sqft
0.1 acres
$400 / sqft
Multi-Family
Property details
About 1224 Maryland Ave NE
Exceptional Investment Opportunity-spacious 4 unit apartment complex. Discover the perfect blend of size, comfort, and rental income potential with this expansive 4 unit apartment complex, with over 5000 sq/ft of living space. This rare find features unit #1 a large three bedroom/2 bath duplex, ideal for the owner-occupant or tenants seeking extra space. Additionally, units #2 and #3 are large one bedroom units with separate balconies overlooking the backyard. While unit #4 is a spacious 2 bedroom with bath offering flexibility for a variety of rental needs. Each unit is separately metered for gas and electric, they come with a laundry area in each unit. The tenants will appreciate the convenience and security of the large backyard for entertaining and relaxing, with ample space for off-street parking. Whether you are an investor looking for strong rental income or a homeowner wanting to off-set your mortgage, this property checks all the boxes. The basement area is arranged for storage and has a separate laundry area. This property is cleaned out, primed and ready for your design and flooring options. Don't miss out-schedule your private showing today. This property has all the amenities in place, plumbing, electrical, HV/AC etc, with off-street parking in the rear. Bring your offers, let's talk soon.
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size4,000 sqft
BasementYes
Lot size0.12 Acres
Year built1921
ParkingSecure Parking, Off Street
MLS #DCDC2141336
ViewGarden
Summary
- Appliances: Dishwasher, Disposal
- Basement: Yes
- Parking: Secure Parking, Off Street
- View: Garden
- Architectural Style: Other
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,600,000
- Price/SqFt: $400
- Annual Tax Amount: $14,523
- Tax Year: 2023
- Lot: Landscaped, Pond
- Directions: GPS
- Year Built: 1921
- Living Area: 4,000 SqFt
- Lot Size: 0.12 Acres
- MLS Number: DCDC2141336
- MLS Name: BRIGHT
- Office Name: Long & Foster Real Estate, Inc.
- Office Phone: (301) 650-4400
- Listing Agent: Geoffrey B Thornton
- Agent Phone: (202) 489-6471
- Agent Email: gthornton2@msn.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 6:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,600,000
1224 Maryland Ave NE
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 01, 1998 | Home Sold | $116,245 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,708,660 | $14,523 |
| 2022 | $1,541,600 | $13,103 |
| 2021 | $1,446,000 | $12,291 |
| 2020 | $1,322,280 | $11,239 |
| 2019 | $1,189,350 | $10,109 |
| 2018 | $1,124,880 | $9,561 |
| 2017 | $1,096,420 | $9,319 |
History based on county public records data.
Nearby schools
3
Miner Elementary School
Public District EE-5
0.4 mi
•601 15th St NE
8
Ludlow-Taylor Elementary School
Public District EE-5
0.4 mi
•659 G St NE
8
Maury Elementary School
Public District EE-5
0.4 mi
•1250 Constitution Ave NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,762. The most common annual income of people living in Washington, DC is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
24%
<35k
49%
35k-100k
20%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
5%
Single, with Kids
16%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
2%
12-17 yrs old
44%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Tennis
Live Theatre
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
H&M
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
BMW
Mercedes
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1224 Maryland Ave NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 4,000 square foot home, which was built in 1921, sits on a 0.12 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $1,600,000.
In April 2025 in Washington, DC there were 60.7% more homes for sale than in March. While the average time on the market in April 2025 was 77 days, the median list price was $635,346.
From Rocket Homes Real Estate and based on county public records data.