USADCWashingtonLedroit Park543 Florida Ave Nw
Listing image | Image 1

543 Florida Ave Nw, Washington, DC

House

For Sale

Listed price in listed location currency (USD).
$1,425,000

000

MLS® DCDC2276670

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2100 sqft
Garage 
Taxes $9,995
Days Active 18
Lot Size 0.01 Acres
Approx. Age 1900
Avg. Price Per Sqft $678
MLS® Number DCDC2276670

Property Address: 543 Florida Ave Nw, WASHINGTON, DC, 20001-3019

Average square foot calculated using Size range provided by listing agent.

Description

Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 543 Florida Avenue NW (4 -2BR/2 BA) in the highly desirable Shaw submarket of Northwest Washington, D.C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets. This asset has undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, this property delivers an attractive stablized CAP rate of 9.96%, once fully leased. This four-unit building also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers. In Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire this asset with low down payment requirements while benefiting from market-rate rents. With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellow students or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership.
MLS® NumberDCDC2276670
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayNone
Garage Spaces
HeatCentral, Electric
A/CEnergy Star Cooling System, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 31, 2026List Date
$1,425,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$1,450,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$1,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
543 Florida Ave Nw, Washington, DC

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