5112 MACARTHUR BLVD NW #P-1 Washington, DC 20016 Active

UPDATED: 06/01/2026 07:18 PM ON MARKET: 13 days on market

$399,000

1 Bed2 Baths

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Subdivision Palisades

MLS Listing ID DCDC2263026

Style Contemporary

Bedrooms 1

Full Baths 2

Condo Fees $588/mo

HOA Y/N N

Year Built 1955

Annual Tax Amount $60

Tax Year 2025

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

INVESTOR OPPORTUNITY IN THE HEART OF PALISADES! Rare chance to acquire a spacious and flexible unit with exceptional upside potential in one of Washington, DC's most desirable neighborhoods. Existing tenant in place paying approximately $2,650/month, offering immediate income potential from day one.

INCREDIBLE FINANCING ADVANTAGE — potential loan assumption opportunity with an estimated interest rate around 3.1% for qualified buyers, or utilize DSCR financing for investor-focused acquisition strategies. Opportunities like this are becoming increasingly difficult to find in today's market.

This versatile residence offers approximately 970 square feet of living space with a large primary bedroom, multiple flex-use dens, two full bathrooms, generous closet space, and excellent natural light throughout. The flexible floorplan creates multiple possibilities for owner-occupants, investors, roommates, work-from-home professionals, or future value-add enhancements.

Updated features include granite countertops, stainless steel appliances, updated bathrooms, luxury vinyl plank flooring, and fresh paint throughout. Pet-friendly building with secure entry, elevator access, bike storage, laundry facilities, and shared outdoor space.

Located in the highly sought-after Palisades community — just minutes from Georgetown University, American University, downtown DC, major hospitals, parks, restaurants, coffee shops, Metrobus access, and commuter routes.

Strong location. Existing income. Attractive financing possibilities. Long-term appreciation potential.

Perfect for:
• Buy-and-hold investors
• First-time investors
• 1031 exchange buyers
• International investors
• House-hack strategies
• Parents purchasing for students or professionals
• Long-term wealth-building portfolios


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