Description
Prime Shaw / Truxton Circle opportunity! Welcome to 231 P Street NW, a classic end-unit brick duplex offering exceptional versatility in one of Washington, DC’s most sought-after neighborhoods. This two-unit property provides an outstanding opportunity for an investor, owner-occupant, or buyer seeking value-add potential in a strong rental and appreciation corridor.The property features approximately 2,132 square feet above grade plus a 238 sq ft unfinished basement, configured as two separate units, each offering generous room sizes and functional layouts. The building includes two kitchens, four bedrooms, and two full baths, making it ideal for multi-generational living, income production, or future reconfiguration (buyer to verify zoning and use). Classic architectural details, hardwood flooring, and solid brick construction reflect early-20th-century character, while offering the canvas for thoughtful updates and modernization.As an end-unit row home, the property benefits from additional natural light and side exposure rarely found in similar rowhouse configurations. Off-street parking for one car adds convenience and value—an increasingly rare feature in this location. The property is currently vacant, allowing immediate access for renovations or lease-up.Situated just south of Rhode Island Avenue and minutes from Shaw, Bloomingdale, NoMa, and Downtown DC, the location offers proximity to public transportation, restaurants, shopping, cultural venues, and major commuter routes. Strong rental demand, nearby redevelopment, and continued neighborhood growth make this an excellent long-term hold or repositioning opportunity.According to a March 2024 appraisal, the property carries a projected combined market rents of approximately $5,200 per month once stabilized. The property does reflect deferred maintenance, particularly in the lower unit, and is priced accordingly.Sold strictly As-Is. Inspections for informational purposes only. A rare chance to acquire a true duplex in NW DC with income, upside, and location working in your favor.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
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2,132SQFT
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$281$/SQFT
Description
Prime Shaw / Truxton Circle opportunity! Welcome to 231 P Street NW, a classic end-unit brick duplex offering exceptional versatility in one of Washington, DC’s most sought-after neighborhoods. This two-unit property provides an outstanding opportunity for an investor, owner-occupant, or buyer seeking value-add potential in a strong rental and appreciation corridor.The property features approximately 2,132 square feet above grade plus a 238 sq ft unfinished basement, configured as two separate units, each offering generous room sizes and functional layouts. The building includes two kitchens, four bedrooms, and two full baths, making it ideal for multi-generational living, income production, or future reconfiguration (buyer to verify zoning and use). Classic architectural details, hardwood flooring, and solid brick construction reflect early-20th-century character, while offering the canvas for thoughtful updates and modernization.As an end-unit row home, the property benefits from additional natural light and side exposure rarely found in similar rowhouse configurations. Off-street parking for one car adds convenience and value—an increasingly rare feature in this location. The property is currently vacant, allowing immediate access for renovations or lease-up.Situated just south of Rhode Island Avenue and minutes from Shaw, Bloomingdale, NoMa, and Downtown DC, the location offers proximity to public transportation, restaurants, shopping, cultural venues, and major commuter routes. Strong rental demand, nearby redevelopment, and continued neighborhood growth make this an excellent long-term hold or repositioning opportunity.According to a March 2024 appraisal, the property carries a projected combined market rents of approximately $5,200 per month once stabilized. The property does reflect deferred maintenance, particularly in the lower unit, and is priced accordingly.Sold strictly As-Is. Inspections for informational purposes only. A rare chance to acquire a true duplex in NW DC with income, upside, and location working in your favor.
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