5501 Foote St
This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Maya Angelou PCS Evans Middle School
Burrville Elementary School
DC Wildflower PCS - The Riverseed School
Seat Pleasant Elementary
Elsie Whitlow Stokes Community Freedom PCS - East End
H.D. Woodson High School
Maya Angelou PCS - High School
DC Scholars PCS
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 05/04/2026 | Listed for sale | $1,100,000 |
Listed by Santiago Noguera · Fairfax Realty of Tysons · 7037528660
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.
Last Updated: October 1, 2026 at 3:21 PM | Source: Bright | MLS#: DCDC2259728
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