4010 Livingston Rd SE
Washington, DC 20032
Immeuble residentiel Propriété À vendre · 14 Unités

THE OPPORTUNITY
The Zupancic Group of Marcus & Millichap is pleased to present 4010 Livingston Road SE, a renovated, stabilized 14-unit multifamily property in Congress Heights. Located on a quiet, residential block, the property benefits from strong rental demand driven by nearby improvements in infrastructure and ongoing developments, including the St. Elizabeths East Campus. This is a cash-flowing asset with immediate income and long-term upside, backed by a strong unit mix and limited immediate capital expenditures necessary.
THE ASSET
4010 Livingston Road SE is a four-story, 14-unit building located in Congress Heights. The unit mix is optimal for the neighborhood's rental demand and features 13 two-bedroom units and one (1) three-bedroom unit. Units have been recently renovated and feature modern, all-electric systems, including in-unit washer/dryers, dishwashers, central air, individual HVAC units, and electric water heaters. The building is separately metered, with tenants paying all utilities (minus water/sewer), reducing operating costs and landlord exposure. Current in-place rents align with market rates: two-bedroom units average $1,388, and the three-bedroom unit rents for $1,944. With 93% occupancy, there is immediate rental upside from leasing the one vacant unit. The basement includes a laundry room and additional common area space that can be converted into a rental unit or tenant amenity. Recent renovations and strong rental income make this a compelling, stabilized investment with additional upside as the area continues to improve.
THE LOCATION
Located in the Congress Heights neighborhood of Washington, DC, 4010 Livingston Road SE is positioned for continued appreciation in value and rent growth. The property is near the $1.5B St. Elizabeths East Campus redevelopment, home to the Wizards (practice)/Mystics arena, federal offices, new retail, healthcare, and housing—fueling job creation and neighborhood revitalization. The area is attracting new restaurants, retail, and services, boosting quality of life and broadening its resident base. Though tucked in a quiet residential pocket, the property offers easy access to major roads and public transit, connecting residents to Downtown DC, Capitol Hill, and the broader region. Ongoing infrastructure improvements and private investment continue to drive growth in Congress Heights, offering investors a well-located asset with strong cash flow and appreciation potential.