$500,000

List Price is Opening Bid at Online Auction to be conducted on Auctioneer's Website. Online Auction Only! Bidding begins Friday, October 23, and ends Wednesday, October 28, 2026 at 1:00 PM. The subject property is a 12-unit, three-story apartment building comprising approximately 8,976± square feet of gross building area on an approximately 10,000± square foot lot in Southeast Washington, DC. The asset requires a full renovation, presenting investors with a rare blank-canvas value-add opportunity to fully reposition and modernize the property to meet current market demand. Per the appraisal (2025), the unit mix consists of (7) One Bedroom/One Bathroom units, and (5) Two Bedroom/ One Bathroom units. The property’s current vacant status provides an investor with the ability to execute a comprehensive repositioning strategy without tenant displacement concerns, allowing for potential optimization of unit interiors, building systems, and overall asset quality. Strategically located in the Marshall Heights neighborhood of Southeast Washington, DC, the property benefits from strong transportation connectivity and proximity to essential neighborhood amenities. The asset is located near the Benning Road Metro Station and multiple bus routes, providing convenient commuter access throughout the District. Major thoroughfares including East Capitol Street and Benning Road further enhance regional accessibility. The surrounding area is characterized by a mix of residential housing, neighborhood retail, and community-serving facilities, with nearby commercial amenities including the Minnesota Avenue corridor and East River Park Shopping Center. The location offers investors exposure to a transit-oriented sub-market with continued long-term demand drivers tied to workforce housing and urban infill redevelopment trends within Washington, DC. The property is zoned “R-3” and identified in District of Columbia public records as Parcel ID 5324-0802. Portions of the foregoing property description were derived from an appraisal report dated November 24, 2025, and District of Columbia public records. Property Highlights: • 8,976± SF • 12 Units (5) 1bd/1ba; (7) 2bd/1ba • Parking in Front of Building • Onsite Laundry • Marshall Heights Neighborhood • Value Add Opportunity • Strategic Washington D.C. Location Note: Photos were taken prior to building vacancy. Building is currently entirely Vacant. Property is subject to affordable housing covenants (available in documents tab)The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purpthe auctioneer or the owner make any representations or warranties with respect to the accuracy of information.oses only. Neither