623 5th St NE
Washington, DC 20002
Near Northeast- Studio
- 6,325 sqft
$2,900,000
$2,900,000
Studio
6,325 sqft
Home Highlights
Parking
Open Parking
Climate Control
Heating & Cooling
Price/Sqft
$458
Listed
1 day ago
Local Information
-- mins to
About this House
Investor Alert! Rare opportunity to acquire a large seven-unit apartment building in the heart of Capitol Hill, offering strong in-place income, low operating expenses, and significant value-add potential. With a Net Operating Income of $195,650, this well-maintained property delivers immediate cash flow while providing ample opportunity for a new owner to increase value and maximize future returns. One of the property's standout features is its abundance of private outdoor space. Every residence includes at least one private outdoor area, while most offer two private balconies, an increasingly sought-after amenity in urban living. Unit Breakdown: Unit 1: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 2: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 3: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 4: 2 bedrooms, 2 bathrooms, 1 private balcony Unit 5: 1 bedroom, 1 bathroom Unit 6: 1 bedroom, 1 bathroom with a private covered porch Unit 7: Carriage house 2 bedrooms, 2.5 bathrooms, two levels, balcony Ideally located just minutes from Union Station, Metro, the H Street Corridor, Eastern Market, and the U.S. Capitol, the property offers convenient access to restaurants, cafés, shopping, parks, cultural attractions, and major transportation. The combination of spacious residences, desirable private outdoor spaces, a premier Capitol Hill location, proven income, and clear upside potential makes this an exceptional investment opportunity. Photos may be virtually staged
Home Details for 623 5th St NE
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Interior Details Number of Rooms: 1Types of Rooms: Basement |
Dimensions and Layout Living Area: 6325 Square Feet |
Appliances & Utilities Appliances: Water Heater |
Heating & Cooling Heating: Other,Natural GasHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 4Levels: FourAccessibility: None |
View No View |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: OtherNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 6325 Square Feet |
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Days on Market: 1 |
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Year Built Year Built: 1912 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: OtherArchitecture: Colonial |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 0834//0800 |
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Price List Price: $2,900,000Price Per Sqft: $458 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: COMING SOON |
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Direction & Address City: WASHINGTONCommunity: Old City #1 |
School Information Elementary School: Ludlow-taylorElementary School District: District Of Columbia Public SchoolsJr High / Middle School: Stuart-hobsonJr High / Middle School District: District Of Columbia Public SchoolsHigh School: EasternHigh School District: District Of Columbia Public Schools |
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Listing Agent Listing ID: DCDC2275936 |
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Building Area Building Area: 6325 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 3552 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To Sell |
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Business Information Ownership: Fee Simple |
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Mls Number: DCDC2275936Above Grade Unfinished Area: 6325 |
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Source Internet Automated Valuation Display: NSource Internet Consumer Comment: NSource Internet Entire Listing Display: YSource Internet Address Display: Y |
Last check for updates: about 7 hours ago
Listing courtesy of Debbie Reynolds, (240) 885-6806
Keller Williams Realty
Co-Listing Agent: Greg S Schwartz, (202) 915-6472
Keller Williams Realty
Source: Bright MLS, MLS#DCDC2275936

Market trends in Washington
Last updated June 2026
Avg. sale price
$671K
$42KMoM
Sale-to-List Price
99.7%
0.6%MoM
Price per sq ft
$503
$21MoM
Available listings
3238
7MoM
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Comparable Sales for 623 5th St NE
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $2,275,000 | 06/01/26 | 4 | 3.5 | 3,468 | |
0.55 | Single-Family Home | $2,425,000 | 10/30/25 | 5 | 4.5 | 3,303 | |
0.39 | Single-Family Home | $1,475,000 | 06/01/26 | 3 | 2.5 | 1,884 | |
0.60 | Single-Family Home | $2,000,000 | 06/05/26 | 4 | 3.5 | 2,930 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 623 5th St NE.
What Locals Say about Near Northeast
At least 162 Trulia users voted on each feature.
95 % Say there are sidewalks
94 % Say it's dog friendly
92 % Say it's walkable to restaurants
92 % Say it's walkable to grocery stores
84 % Say streets are well-lit
69 % Say yards are well-kept
69 % Say kids play outside
69 % Say there's holiday spirit
66 % Say people would walk alone at night
62 % Say parking is easy
56 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
46 % Say there are community events
44 % Say it's quiet
34 % Say car is needed
21 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Debbie Reynolds, Keller Williams Realty
Agent Phone: (240) 885-6806

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Copyright 2026 Bright MLS, Inc. Click here for more information
623 5th St NE, Washington, DC 20002 is a studio, 6,325 sqft single-family home built in 1912. 623 5th St NE is located in Near Northeast, Washington. This property is currently available for sale and was listed by Bright MLS on Jul 29, 2026. The MLS # for this home is MLS# DCDC2275936.