$ 840,000
-
$840,000
Price -
3
Bed -
2
Bath -
1,722
SqFt
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Open House Times
- Sun. May. 31 at 1:00pm to 4:00pm
About the Listing DRPL1 - 116664
Fully renovated two-unit property ideally positioned in the heart of Northeast DC near Union Market, NoMa, and the H Street Corridor. 642 Morton Place NE presents a rare opportunity to acquire a stabilized income-producing asset with strong in-place rental income, updated interiors, and long-term upside in one of Washington, DC’s strongest growth corridors. The property consists of two separately metered residential units with a combined monthly rental income of approximately $4,500. The upper unit is leased through November 2027 at $2,300/month, while the lower unit is occupied at $2,200/month with a lease term ending December 13th 2026, providing immediate cash flow and operational stability. Both units have been extensively renovated and feature updated kitchens, modern bathrooms, wood flooring, upgraded finishes, private outdoor balcony space, and bright open layouts. Additional highlights include potential for future off-street parking at the rear of the property, separately metered utilities, and strong tenant demand driven by the surrounding Union Market and NoMa redevelopment. Located moments from Union Market, Metro access, dining, retail, parks, and major commuter routes, this property offers an attractive combination of stable income, neighborhood appreciation, and long-term investment potential. Ideal for investors, owner-occupants seeking supplemental income, or long-term hold buyers looking for exposure to one of Northeast DC’s most active residential corridors.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
DCDC2261906
Year Built
1910
Total Square Footage
1,722
Lot/Acreage
0.03
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Disposal, Microwave, Refrigerator, Stove, Washer/Dryer Stacked
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces: 1, 1 Fireplace
- Floor:
- Above Ground Sq Ft: 1722
- Below Ground Sq Ft: n/a
- Basement:
- Other: Kitchen - Galley,Wood Floors,Window Treatments
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: RF-1
- Roof: Tar/Gravel
- Others:
- Sewer: Public Sewer
- Parking Features: Rented/Permit Required,On Street
Financial Details
- Tax Amount: $3,053
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2012
Payment Calculator
Monthly Payment
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Questions About..
642 Morton Pl NE Washington, DC 20002
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