- – beds
- – baths
- 2,800 sqft
- 3,500 sqft lot
- $355 per sqft
- 1936 build
This fully renovated 4-unit building at 1258 Simms Pl NE is a prime, turnkey investment opportunity in the heart of the rapidly appreciating Trinidad neighborhood of Washington, DC. With three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, this asset is 100% move-in ready—no updates needed. Each unit features LVP flooring throughout, tile in the bathrooms, and appliances including a stove, refrigerator, dishwasher, disposal, and in-unit washer & dryer. The layouts include bonus rear dens in every unit, adding valuable extra living space or entertainment space. All units are individually metered, providing long-term flexibility and control. With current HUD rental rates of $1,913.67 for 2-bedroom units and $1,687.00 for the 1-bedroom, this building offers strong cash flow potential right out of the gate. Ideally located near Union Market, H Street Corridor, and Gallaudet University, the property is surrounded by vibrant dining, retail, and entertainment options—plus easy access to DC Streetcar and bus lines makes it highly attractive to renters. Whether you’re focused on steady rental income or long-term value appreciation, this is a low-maintenance, high-upside asset in one of DC’s most resilient rental markets.
Last checked:
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Last updated Jul 18, 2025
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MLS# DCDC2211490 —
Upcoming Open Houses
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Saturday, 7/19
12pm-2pm -
Sunday, 7/20
2pm-4pm
The Building
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Year Built:1936
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Levels:2
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Building Units Total:4
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Structure Type:Other
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Historic:No
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Architectural Style:Other
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Window Features:Double Pane
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Accessibility Features:None
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt:600
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2800
Interior
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3400
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Living Area SqFt:2,800 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:VA, FHA, Cash, Conventional, FHA 203(k)
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Possession:Immediate
Location
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Directions:From West Virginia Ave., turn left on Mount Olivet then make an immediate right on Montello then first left on Simms Place.
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Latitude:38.90907000
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Longitude:-76.98353000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.08
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Lot Size Source:Assessor
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Lot SqFt:3,500 Sqft
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Zoning:R4
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Soil Types:Urban Land-Cristiana-Sunnysider
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (303) 263-9739
- Office phone:
- (202) 243-7700
Taxes
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Tax ID Number:4052//0131
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Tax Year:2024
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Tax Lot:131
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Tax Annual Amount:$7,749
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Tax Assessed Value:$878,870
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Year Assessed:2024
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City/Town Tax:7749.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Utilities:Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Freezer, Oven - Double, Stove, Washer
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Transportation:Metro/Subway Station 1 to 3 miles, Bus Stop less than 1 mile
Parking
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Garage:No
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Type of Parking:Other
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:1
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Two Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/17/25
Jul 17, 2025
|
Listed / Active | BRIGHT | $995,000 |