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Listed by Yasemin Hocaoglu • Coldwell Banker Realty - Washington
$ 4,500,000
Est. payment | /mo
$ 4,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2266274
Annual Tax Amount $4,966
Tax Year 2025
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
An exceptional opportunity to acquire a nearly completed multifamily development in one of Washington, DC's most desirable and supply-constrained neighborhoods. Located in the highly sought-after Capitol Hill/Hill East corridor, 330 15th Street SE is a 12-unit residential development that has already progressed through the most challenging and capital-intensive phases of construction.
With framing, mechanical, electrical, plumbing, roofing, and exterior construction substantially completed, the project is positioned for its next major milestone: drywall installation and interior finishes. This presents a rare opportunity for an investor or developer to step into a project that is well advanced and significantly de-risked.
Investment Highlights
12-unit multifamily development in a premier Washington, DC location
Advanced stage of construction
Building structure completed
Roofing completed
Major mechanical, electrical, and plumbing systems installed
Drywall and interior finishes represent the next phase of construction
Opportunity to accelerate delivery and reduce development timelines
Located in the highly desirable Capitol Hill/Hill East submarket
Strong demand from both owner-occupants and renters
Close proximity to parks, Metro access, restaurants, retail, and major employment centers
The Opportunity
Projects at this stage of completion are rarely offered for sale. By acquiring 330 15th Street SE, investors and developers can bypass much of the entitlement process, site work, and structural construction that typically consume the greatest amount of time and capital.
The property's location within one of Washington, DC's most established and desirable residential neighborhoods provides strong market fundamentals, while the advanced construction status creates an opportunity to bring units to market on an accelerated timeline.
Whether the strategy is condominium sales, rental stabilization, or long-term portfolio growth, this project offers an attractive path to value creation in a neighborhood where demand for new housing continues to outpace supply.
Development plans, construction details, and additional project information available upon request. Serious investor and developer inquiries only.
With framing, mechanical, electrical, plumbing, roofing, and exterior construction substantially completed, the project is positioned for its next major milestone: drywall installation and interior finishes. This presents a rare opportunity for an investor or developer to step into a project that is well advanced and significantly de-risked.
Investment Highlights
12-unit multifamily development in a premier Washington, DC location
Advanced stage of construction
Building structure completed
Roofing completed
Major mechanical, electrical, and plumbing systems installed
Drywall and interior finishes represent the next phase of construction
Opportunity to accelerate delivery and reduce development timelines
Located in the highly desirable Capitol Hill/Hill East submarket
Strong demand from both owner-occupants and renters
Close proximity to parks, Metro access, restaurants, retail, and major employment centers
The Opportunity
Projects at this stage of completion are rarely offered for sale. By acquiring 330 15th Street SE, investors and developers can bypass much of the entitlement process, site work, and structural construction that typically consume the greatest amount of time and capital.
The property's location within one of Washington, DC's most established and desirable residential neighborhoods provides strong market fundamentals, while the advanced construction status creates an opportunity to bring units to market on an accelerated timeline.
Whether the strategy is condominium sales, rental stabilization, or long-term portfolio growth, this project offers an attractive path to value creation in a neighborhood where demand for new housing continues to outpace supply.
Development plans, construction details, and additional project information available upon request. Serious investor and developer inquiries only.
Location
State DC
County Washington
Zoning 7
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 2.0
Water Access N
Accessibility 2+ Access Exits, 32\"+ wide Doors
Total Parking Spaces 2
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction Y
Schools
School District District Of Columbia Public Schools
Others
Tax ID 1074//0090
Ownership Condominium
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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