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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Kenn Blagburn • DC Real Property,LLC

$840,000

Est. payment - /mo

1,722 SqFt

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Open House

Sat May 16, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $487

Subdivision Old City #1

MLS Listing ID DCDC2261906

Style Federal

Abv Grd Liv Area 1,722

Year Built 1910

Available Date 2026-05-16

Annual Tax Amount $3,053

Tax Year 2012

Lot Size 1,150 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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.

Location

State DC

County Washington

Zoning RF-1

Interior

Interior Features Kitchen - Galley, Wood Floors, Window Treatments

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplaces Number 1

Equipment Disposal, Microwave, Refrigerator, Stove, Washer/Dryer Stacked

Fireplace Y

Appliance Disposal, Microwave, Refrigerator, Stove, Washer/Dryer Stacked

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Tar/Gravel

Accessibility None

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 1722

Sewer Public Sewer

Water Public

Architectural Style Federal

Additional Building Above Grade

Structure Type Dry Wall

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 0855//0815

Ownership Fee Simple

SqFt Source 1722

Security Features Smoke Detector,Carbon Monoxide Detector(s)

Special Listing Condition Standard

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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642 MORTON PL NE Washington, DC 20002