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623 5TH STREET NE, WASHINGTON, DC, 20002
$2,900,000
- 7,825 sq. ft
Investor Alert! Rare opportunity to acquire a large seven-unit apartment building in the heart of Capitol Hill, offering strong in-place income, low operating expenses, and significant value-add potential. With a Net Operating Income of $195,650, this well-maintained property delivers immediate cash flow while providing ample opportunity for a new owner to increase value and maximize future returns. The property also includes a 1,500-square-foot carriage house, adding flexibility and enhancing the overall appeal of this unique investment. One of the property's standout features is its abundance of private outdoor space. Every residence includes at least one private outdoor area, while most offer two private balconies, an increasingly sought-after amenity in urban living. Unit Breakdown: Unit 1: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 2: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 3: 2 bedrooms, 2 bathrooms, 2 private balconies Unit 4: 2 bedrooms, 2 bathrooms, 1 private balcony Unit 5: 1 bedroom, 1 bathroom Unit 6: 1 bedroom, 1 bathroom with a private covered porch Unit 7: Carriage house 2 bedrooms, 2.5 bathrooms, two levels, balcony Ideally located just minutes from Union Station, Metro, the H Street Corridor, Eastern Market, and the U.S. Capitol, the property offers convenient access to restaurants, c꿩s, shopping, parks, cultural attractions, and major transportation. The combination of spacious residences, desirable private outdoor spaces, a premier Capitol Hill location, a detached carriage house, proven income, and clear upside potential makes this an exceptional investment opportunity. Photos may be virtually staged.
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Year Built:
1912
Days on Market:
3
Listing ID:
DCDC2275946
List Date:
July 29, 2026
Property Type:
Other
Architecture Style:
Colonial
Subdivision:
OLD CITY #1
County:
WASHINGTON
Total Taxes:
$15,540
Courtesy of Keller Williams Realty
This content was last updated on August 08, 2026 22:16
Schools
| Name | Type | Level | Grades | Address | |
|---|---|---|---|---|---|
Stuart Hobson Middle School |
Public | Middle | 6-8 | 410 E St NE, Washington, DC 20002 | |
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District: District of Columbia Public Schools Grade Span: 6 - 8 Admission: Public Address: 410 E St NE, Washington, DC 20002 Phone: 202-671-6010 Website: http://dcps.dc.gov/ Teachers: 34 Students: 460 Ratio: 14:1 Students/Teacher Gender: 47% Male / 53% Female Student/Teacher ratioEnrollment |
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Eastern High School |
Public | High | 9-12 | 1700 E Capitol St NE, Washington, DC 20003 | |
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District: District of Columbia Public Schools Grade Span: 9 - 12 Admission: Public Address: 1700 E Capitol St NE, Washington, DC 20003 Phone: 202-698-4500 Website: http://www.easternhighschooldcps.org Teachers: 85 Students: 909 Ratio: 11:1 Students/Teacher Gender: 47% Male / 52% Female Student/Teacher ratioEnrollment |
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Ludlow-Taylor Elementary School |
Public | Primary | EE-5 | 659 G St NE, Washington, DC 20002 | |
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District: District of Columbia Public Schools Grade Span: EE - 5 Admission: Public Address: 659 G St NE, Washington, DC 20002 Phone: 202-698-3244 Website: http://dcps.dc.gov/ Teachers: 36 Students: 489 Ratio: 14:1 Students/Teacher Gender: 51% Male / 49% Female Student/Teacher ratioEnrollment |
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| Name | Type | Level | Grades | Address | |
|---|---|---|---|---|---|
Acton Academy of Washington, Dc |
Private | Elementary | PK-7 | 2422 K St NW, Washington, DC 20037 | |
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Grade Span: PK - 7 Admission: Private Address: 2422 K St NW, Washington, DC 20037 Phone: 202-495-0507 Teachers: 6 Students: 20 Ratio: 3:1 Students/Teacher Gender: 45% Male / 55% Female Student/Teacher ratioEnrollment |
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Aidan Montessori School |
Private | Elementary | PK-6 | 2700 27th St NW, Washington, DC 20008 | |
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Grade Span: PK - 6 Admission: Private Address: 2700 27th St NW, Washington, DC 20008 Phone: 202-387-2700 Teachers: 11 Students: 71 Ratio: 7:1 Students/Teacher Gender: 49% Male / 51% Female Student/Teacher ratioEnrollment |
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Annunciation Catholic School |
Private | Elementary | PK-8 | 3825 Klingle Pl NW, Washington, DC 20016 | |
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Grade Span: PK - 8 Admission: Private Address: 3825 Klingle Pl NW, Washington, DC 20016 Phone: 202-460-9076 Website: http://www.annunciationschool.net/ Teachers: 21 Students: 121 Ratio: 6:1 Students/Teacher Gender: 60% Male / 40% Female Student/Teacher ratioEnrollment |
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Archbishop Carroll High School |
Private | Secondary | 9-12 | 4300 Harewood Rd NE, Washington, DC 20017 | |
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Grade Span: 9 - 12 Admission: Private Address: 4300 Harewood Rd NE, Washington, DC 20017 Phone: 202-529-0900 Teachers: 27 Students: 383 Ratio: 14:1 Students/Teacher Gender: 57% Male / 43% Female Student/Teacher ratioEnrollment |
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Ashreinu School for Girls Inc. |
Private | Combined Elementary/Secondary | 1-11 | 1600 Jonquil St NW, Washington, DC 20012 | |
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Grade Span: 1 - 11 Admission: Private Address: 1600 Jonquil St NW, Washington, DC 20012 Phone: 301-593-4343 Teachers: 4 Students: 21 Ratio: 5:1 Students/Teacher Gender: 67% Male / 33% Female Student/Teacher ratioEnrollment |
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Bishop John T Walker School for Boys |
Private | Elementary | KG-5 | 1801 Mississippi Ave SE, Washington, DC 20020 | |
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Grade Span: KG - 5 Admission: Private Address: 1801 Mississippi Ave SE, Washington, DC 20020 Phone: 202-678-1515 Teachers: 10 Students: 71 Ratio: 7:1 Students/Teacher Gender: 100% Male Student/Teacher ratioEnrollment |
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Bishop John T. Walker School for Boys |
Private | Elementary | KG-5 | 1801 Mississippi Ave SE, Washington, DC 20020 | |
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Grade Span: KG - 5 Admission: Private Address: 1801 Mississippi Ave SE, Washington, DC 20020 Phone: 202-678-1515 Teachers: 6 Students: 83 Ratio: 14:1 Students/Teacher Gender: 100% Male Student/Teacher ratioEnrollment |
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Blessed Sacrament School |
Private | Elementary | KG-8 | 5841 Chevy Chase Pkwy NW, Washington, DC 20015 | |
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Grade Span: KG - 8 Admission: Private Address: 5841 Chevy Chase Pkwy NW, Washington, DC 20015 Phone: 202-966-6682 Teachers: 39 Students: 508 Ratio: 13:1 Students/Teacher Gender: 49% Male / 51% Female Student/Teacher ratioEnrollment |
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British Int'L School Washington |
Private | Combined Elementary/Secondary | PK-12 | 2001 Wisconsin Ave NW, Washington, DC 20007 | |
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Grade Span: PK - 12 Admission: Private Address: 2001 Wisconsin Ave NW, Washington, DC 20007 Phone: 202-829-3700 Teachers: 44 Students: 478 Ratio: 11:1 Students/Teacher Gender: 46% Male / 54% Female Student/Teacher ratioEnrollment |
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Broad Branch Children's House |
Private | Elementary | PK-KG | 5608 Broad Branch Rd NW, Washington, DC 20015 | |
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Grade Span: PK - KG Admission: Private Address: 5608 Broad Branch Rd NW, Washington, DC 20015 Phone: 202-232-2233 Teachers: 2 Students: 2 Ratio: 1:1 Students/Teacher Gender: 50% Male / 50% Female Student/Teacher ratioEnrollment |
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Capitol Hill Day School |
Private | Elementary | PK-8 | 210 S Carolina Ave SE, Washington, DC 20003 | |
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Grade Span: PK - 8 Admission: Private Address: 210 S Carolina Ave SE, Washington, DC 20003 Phone: 202-355-4498 Website: http://www.chds.org/ Teachers: 35 Students: 203 Ratio: 6:1 Students/Teacher Gender: 54% Male / 46% Female Student/Teacher ratioEnrollment |
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Capitol Learning Academy |
Private | Elementary | 2-6 | 725 8th St SE, Washington, DC 20003 | |
|
Grade Span: 2 - 6 Admission: Private Address: 725 8th St SE, Washington, DC 20003 Phone: 202-878-6917 Teachers: 3 Students: 12 Ratio: 5:1 Students/Teacher Gender: 67% Male / 33% Female Student/Teacher ratioEnrollment |
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Christian Family Montessori |
Private | Elementary | KG-6 | 201 Allison St NW Ste B, Washington, DC 20011 | |
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Grade Span: KG - 6 Admission: Private Address: 201 Allison St NW Ste B, Washington, DC 20011 Phone: 202-722-1520 Website: http://www.cfmschool.org/ Teachers: 12 Students: 104 Ratio: 9:1 Students/Teacher Gender: 48% Male / 52% Female Student/Teacher ratioEnrollment |
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Cornerstone Schools-Washington |
Private | Combined Elementary/Secondary | KG-12 | 3742 Ely Pl SE, Washington, DC 20019 | |
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Grade Span: KG - 12 Admission: Private Address: 3742 Ely Pl SE, Washington, DC 20019 Phone: 202-575-0027 Teachers: 18 Students: 160 Ratio: 9:1 Students/Teacher Gender: 48% Male / 52% Female Student/Teacher ratioEnrollment |
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District Montessori |
Private | Elementary | PK-KG | 301 A St SE, Washington, DC 20003 | |
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Grade Span: PK - KG Admission: Private Address: 301 A St SE, Washington, DC 20003 Phone: 202-294-4799 Teachers: 2 Students: 4 Ratio: 2:1 Students/Teacher Gender: 50% Male / 50% Female Student/Teacher ratioEnrollment |
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Edmund Burke School |
Private | Combined Elementary/Secondary | 6-12 | 4101 Connecticut Ave NW, Washington, DC 20008 | |
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Grade Span: 6 - 12 Admission: Private Address: 4101 Connecticut Ave NW, Washington, DC 20008 Phone: 202-362-8882 Teachers: 44 Students: 333 Ratio: 8:1 Students/Teacher Gender: 45% Male / 55% Female Student/Teacher ratioEnrollment |
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Franklin Montessori School |
Private | Elementary | PK-1 | 4473 Connecticut Ave NW, Washington, DC 20008 | |
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Grade Span: PK - 1 Admission: Private Address: 4473 Connecticut Ave NW, Washington, DC 20008 Phone: 202-966-7747 Website: http://www.franklinmontessori.com/ Teachers: 4 Students: 8 Ratio: 2:1 Students/Teacher Gender: 100% Male Student/Teacher ratioEnrollment |
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Fusion Academy Wdc: Washington D.C. |
Private | Combined Elementary/Secondary | 6-12 | 2000 Florida Ave NW, Washington, DC 20009 | |
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Grade Span: 6 - 12 Admission: Private Address: 2000 Florida Ave NW, Washington, DC 20009 Phone: 202-244-0639 Teachers: 15 Students: 42 Ratio: 3:1 Students/Teacher Gender: 67% Male / 33% Female Student/Teacher ratioEnrollment |
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Georgetown Day School |
Private | Combined Elementary/Secondary | PK-12 | 4200 Davenport St NW, Washington, DC 20016 | |
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Grade Span: PK - 12 Admission: Private Address: 4200 Davenport St NW, Washington, DC 20016 Phone: 202-295-6127 Teachers: 149 Students: 1053 Ratio: 7:1 Students/Teacher Gender: 47% Male / 53% Female Student/Teacher ratioEnrollment |
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Georgetown Montessori School |
Private | Elementary | PK-KG | 1041 Wisconsin Ave NW, Washington, DC 20007 | |
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Grade Span: PK - KG Admission: Private Address: 1041 Wisconsin Ave NW, Washington, DC 20007 Phone: 202-337-8058 Teachers: 1 Students: 3 Ratio: 3:1 Students/Teacher Gender: 67% Male / 33% Female Student/Teacher ratioEnrollment |
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Georgetown Visitation Preparatory School |
Private | Secondary | 9-12 | 1524 35th St NW, Washington, DC 20007 | |
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Grade Span: 9 - 12 Admission: Private Address: 1524 35th St NW, Washington, DC 20007 Phone: 202-337-3350 Website: http://www.visi.org/ Teachers: 46 Students: 509 Ratio: 11:1 Students/Teacher Gender: / 100% Female Student/Teacher ratioEnrollment |
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Gonzaga College High School |
Private | Secondary | 9-12 | 19 I St NW, Washington, DC 20001 | |
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Grade Span: 9 - 12 Admission: Private Address: 19 I St NW, Washington, DC 20001 Phone: 202-336-7100 Website: http://www.gonzaga.org/ Teachers: 68 Students: 956 Ratio: 14:1 Students/Teacher Gender: 100% Male Student/Teacher ratioEnrollment |
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Holy Trinity School |
Private | Elementary | PK-8 | 1325 36th St NW, Washington, DC 20007 | |
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Grade Span: PK - 8 Admission: Private Address: 1325 36th St NW, Washington, DC 20007 Phone: 202-337-2339 Teachers: 32 Students: 314 Ratio: 10:1 Students/Teacher Gender: 47% Male / 53% Female Student/Teacher ratioEnrollment |
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Kennedy Institute |
Private | Secondary | 9-12 | 801 Buchanan St NE, Washington, DC 20017 | |
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Grade Span: 9 - 12 Admission: Private Address: 801 Buchanan St NE, Washington, DC 20017 Phone: 202-281-2700 Teachers: 7 Students: 44 Ratio: 6:1 Students/Teacher Gender: 61% Male / 39% Female Student/Teacher ratioEnrollment |
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Kirov Academy of Washington D.C. |
Private | Combined Elementary/Secondary | 6-12 | 4301 Harewood Rd NE, Washington, DC 20017 | |
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Grade Span: 6 - 12 Admission: Private Address: 4301 Harewood Rd NE, Washington, DC 20017 Phone: 202-424-3780 Website: http://www.kirovacademydc.org/ Teachers: 11 Students: 77 Ratio: 7:1 Students/Teacher Gender: 21% Male / 79% Female Student/Teacher ratioEnrollment |
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