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Property view

1148 Owen Pl Ne, 
Washington, DC 20002

$1,150,000

12

Beds

—

Bath

4,200

Sq Ft

Multi-Family

Active

Listed by

Sofia A Pellegrino

Samson Properties, (571) 378-1346, donnysamson@samsonpropeties.net

Last updated:

May 25, 2026, 01:31 PM

MLS#

DCDC2262604

Source:

BRIGHTMLS

About This Home

1148 Owen Pl Ne

INVESTOR/DEVELOPER OPPORTUNITY! Rare 4-unit multifamily property with condo conversion nearly completed and exceptional upside potential. Each unit offers a spacious 3BR/2BA layout. Property has been fully gutted and is ready for completion by the next owner. Major improvements already completed or nearly completed include framing, electrical, plumbing, and mechanical work, with HVAC/AC units already purchased. Estimated remaining construction costs to complete interior finishes are approximately $450K. Excellent opportunity to create four condominium units or a strong cash-flowing multifamily investment. Ideal for investors, builders, or developers seeking value-add potential and strong future resale or rental income. Property sold strictly AS-IS. Buyer to perform their own due diligence regarding permits, condo conversion status, approvals, and projected values.

Home Facts

Multi-Family

12 Bedrooms

Built in 2025

Price Summary

1,150,000

$273 per Sq. Ft.

MLS #:

DCDC2262604

Last Updated:

May 25, 2026, 01:31 PM

Added:

8 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

12

Structure

Structure

Architectural Style:

Colonial

Building Area:

4,200 Sq. Ft.

Year Built:

2025

Lot

Lot Size (Sq. Ft):

2,178

Finances & Disclosures

Finances

Price:

$1,150,000

Price per Sq. Ft:

$273 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.