$2,900,000
- Studio
- 7,825 sqft
623 5th St NE, Washington, DC 20002
We estimate this home will sell faster than 83% nearby.
Home Highlights
Single-Family Home
Built in 1912
$371/sqft
Open Parking
Local Information
-- mins to
About this House
Investor Alert! Rare opportunity to acquire a seven-unit apartment building in the heart of Capitol Hill, offering strong in-place income, low operating expenses, and compelling value-add potential. With a Net Operating Income of $195,650, this well-maintained property provides immediate cash flow alongside clear opportunities for future rent optimization. Every residence in the building comes fully equipped with an in-unit washer and dryer for tenant convenience. The property features a desirable mix of layout options, including a detached two-level, 1,500-square-foot carriage house that adds unique flexibility and upside to the portfolio. Private outdoor space is another standout feature, with every residence offering at least one private outdoor area and most featuring two private balconies—a highly sought-after amenity in a urban market. Unit Breakdown: Unit 1: 2 bedrooms, 2 bathrooms, 2 private balconies, in-unit washer/dryer Unit 2: 2 bedrooms, 2 bathrooms, 2 private balconies, in-unit washer/dryer Unit 3: 2 bedrooms, 2 bathrooms, 2 private balconies, in-unit washer/dryer Unit 4: 2 bedrooms, 2 bathrooms, 1 private balcony, in-unit washer/dryer Unit 5: 1 bedroom, 1 bathroom, in-unit washer/dryer Unit 6: 1 bedroom, 1 bathroom, private covered porch, in-unit washer/dryer Unit 7 (Carriage House): 2 bedrooms, 2.5 bathrooms, two levels, private balcony, in-unit washer/dryer Ideally located minutes from Union Station, Metro, the H Street Corridor, Eastern Market, and the U.S. Capitol, the property provides seamless access to dining, shopping, parks, and major transportation routes. The combination of strong financials, in-unit laundry, outdoor living spaces, and a prime location makes this an exceptional turn-key asset with long-term growth potential. Photos may be virtually staged.
Last check for updates: about 5 hours ago
Listing courtesy of Mr. Greg S Schwartz, (202) 915-6472
Keller Williams Realty
Listing Team: Reynolds Empowerhome Team
Source: Bright MLS, MLS#DCDC2275936

We estimate this home will sell faster than 83% nearby.
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: 7825 Square Feet |
Appliances & Utilities Appliances: Water Heater |
Heating & Cooling Heating: Other,Natural GasHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Natural Gas |
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): 7825 Square Feet |
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Days on Market: 26 |
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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: $371 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE |
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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: 7825 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: 7825 |
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Source Internet Automated Valuation Display: NSource Internet Consumer Comment: NSource Internet Entire Listing Display: YSource Internet Address Display: Y |
Around this home
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.
Market trends in Washington
Last updated August 2026
Avg. sale price
$681K
$8.5KMoM
Sale-to-List Price
99.3%
0.3%MoM
Price per sq ft
$508
$1MoM
Available listings
2829
237MoM
Home Value
Trulia Estimate
$2.83MSince last month
$1K (0%)Since last year
$1K (0%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.83M |
| August 2026 | $2.83M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $1,299,600 | 5 | 5.5 | 3,622 | Off Market | |
0.01 | $1,214,000 | 3 | 2.5 | 2,338 | Recently Sold | |
0.01 | $975,000 | 3 | 2.5 | 1,949 | Recently Sold | |
0.01 | $1,151,000 | 3 | 3 | 2,161 | Recently Sold | |
0.03 | $1,293,600 | 3 | 3.5 | 2,222 | Off Market | |
0.03 | $1,053,300 | 3 | 2 | 1,740 | Off Market | |
0.03 | $1,142,400 | 3 | 1.5 | 2,071 | Off Market | |
0.06 | $1,600,200 | 5 | 3.5 | 2,750 | Off Market | |
0.05 | $1,114,900 | 3 | 3.5 | 2,112 | Off Market | |
0.04 | $2,428,700 | 5 | 5.5 | 3,436 | Off Market | |
0.04 | $1,342,000 | 3 | 2.5 | 2,178 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 19, 2026 Source: Bright MLS #DCDC2275946 | Listed For Sale | $2,900,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mr. Greg S Schwartz, Keller Williams Realty
Agent Phone: (202) 915-6472

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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc. Click here for more information
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Frequently asked questions about 623 5th St NE
- What is the estimated monthly payment for 623 5th St NE?Based on a $2,900,000 list price with 20% down at today's rates, the estimated monthly payment for 623 5th St NE in Washington, DC is approximately $17,430 (about $15,784 principal & interest, $1,571 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 623 5th St NE compare to homes in Washington?623 5th St NE in Washington, DC is listed at $2,900,000, about 326% above the $681K median sale price in Washington.
- What do residents say about the Near Northeast neighborhood?Residents describe the Near Northeast neighborhood in Washington, DC as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Near Northeast, Washington.
- What are the closest schools to 623 5th St NE?The closest schools to 623 5th St NE in Washington, DC are Eastern High School (rated 3/10), Ludlow-Taylor Elementary School (Pre-K, rated 9/10), Stuart-Hobson Middle School (rated 8/10).
- Does 623 5th St NE have air conditioning?Yes, 623 5th St NE in Washington, DC has air conditioning.
- How big is the lot at 623 5th St NE?The lot at 623 5th St NE in Washington, DC is about 0.08 acres (3,552 sq ft).
623 5th St NE, Washington, DC 20002 is a studio, 7,825 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.

