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Free Home Buyer Workshops are held Tuesdays at 5:30pm & Saturdays at 10am.
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Free Buyer Workshops
Free Home Buyer Workshops are held Tuesdays at 5:30pm & Saturdays at 10am.
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Real Estate

FHA 203K Watch: Multi-Unit Buildings as Be Your Own Landlord Targets


UrbanLand Company
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There are right around 100 available multi-unit properties for sale in DC currently. The numbers can change daily as buildings go in & out of contract or go off of the market. Why are we calling out multi-unit buildings? Buying a building in a Be Your Own Landlord situation where you live in 1 unit and rent the others for income is very possible for first time home buyers.

The FHA 203K gives you the power to make a low down payment (4%) when buying a multi-unit property that will also be your primary residence. The competing investor buyer who will not be living onsite has to pay a 20% Down Payment for the same building. Curious how this works? Check out our upcoming FHA 203K Workshops, a popular series we’ve been running for 3 years now.

We do regular tours of multi-unit properties, typically on Sundays. Some buildings have varying levels of tenant occupancy, meaning it is best to plan early in the week. We are happy to set up access to anything you want to see!

* Separate multiple values with comma.

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$20,000 - Br/Ba -  for Sale in Congress Heights, Washington

4326 Halley Terrace Se Washington, DC 20032

Price $20,000
Units 4
Status Pending
MLS # 1004391157
 
 
$20,000 - Br/Ba -  for Sale in Congress Heights, Washington

4244 6th Street Se Washington, DC 20032

Price $20,000
Units 5
Status Pending
MLS # 1004394681
 
 
$150,000 - Br/Ba -  for Sale in Trinidad, Washington

1023 16th Street Ne Washington, DC 20002

Price $150,000
Units 4
Status Pending
MLS # 1004145950
Property Type Quadruplex
 
$200,000 - Br/Ba -  for Sale in Randle Heights, Washington

2727 Jasper Street Se Washington, DC 20020

Price $200,000
Units 4
Status Pending
MLS # 1000186197
 
 
$268,000 - Br/Ba -  for Sale in Deanwood, Washington

4727 Sheriff Road Ne Washington, DC 20019

Price $268,000
Units 2
Status Active
MLS # 1001755816
 
 
$269,000 - Br/Ba -  for Sale in Deanwood, Washington

4532 Eads Street Ne Washington, DC 20019

Price $269,000
Units 2
Status Active
MLS # 1001755604
 
 
$315,000 - Br/Ba -  for Sale in Fort Dupont Park, Washington

3235 Ely Place Se Washington, DC 20019

Price $315,000
Units 2
Status Pending
MLS # 1004449619
 
 
$350,000 - Br/Ba -  for Sale in Trinidad, Washington

1240 Simms Place Ne Washington, DC 20002

Price $350,000
Units 2
Status Pending
MLS # 1000671606
 
 
$399,000 - Br/Ba -  for Sale in Trinidad, Washington

1230 Queen Street Ne Washington, DC 20002

Price $399,000
Units 4
Status Pending
MLS # 1000316704
 
 

Not ready to sit down with a real estate agent yet? We have free group Home Buyer Workshops twice a week, every week. Here’s the schedule & topics:

Free Home Buyer Workshops are held Tuesdays at 5:30pm & Saturdays at 10am.
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