$1,495,000

337 DELAFIELD PLACE NW, WASHINGTON, DC, 20011

  • 4,113sq ft
  • Active

Key Details

July 03, 2026
Year Built: 1936
Days on Market: 105
DCDC2269674
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Description

INVESTOR ALERT! Rare opportunity to acquire a well-maintained 5-unit multifamily property in the highly desirable Petworth/Northwest Washington, DC neighborhood featuring an assumable FHA loan at just 2.875% - an exceptional financing opportunity that is extremely difficult to find in today's market. Qualified buyers may be eligible to assume the existing loan, creating substantial savings compared to today's financing rates and enhancing overall investment returns. The main level is handicap accessible and was previously utilized as a medical facility, providing additional flexibility for future use (subject to applicable approvals). There is also potential to convert the property into a 6-unit building, offering an opportunity to further increase income and value. Located just off New Hampshire Avenue NW, the property is surrounded by shopping, restaurants, hospitals, Metro access, parks, and major commuter routes. Petworth continues to experience strong redevelopment, making it one of Northwest DC's most attractive neighborhoods for long-term appreciation and rental demand. Whether you're purchasing your first multifamily investment or expanding your portfolio, this property offers an outstanding combination of below-market financing, stable cash flow potential, and future upside. Recent improvements include fresh exterior paint, professional landscaping, and interior upgrades throughout all five income-producing units, minimizing near-term capital expenditures. Unit Mix & Estimated (Section 8 Rents) - 1 X 3-Bedroom Unit Estimated Rent: $3,850/month Total Monthly Income: $3,850 - 3 X 2-Bedroom Units Estimated Rent: $2,850/month each Total Monthly Income: $8,550 - 1 X 1-Bedroom Unit Estimated Rent: $1,900/month Total Monthly Income: $1,900 Total Potential Rental Income 5 Units - Approximately $14,300/month Estimated Annual Gross Income Approximately $171,600/year At the asking price of $1,495,000, the projected gross rental yield is approximately 11.5% before operating expenses. Investment Highlights: - Assumable FHA loan at an exceptional 2.875% interest rate. - Five income-producing units with potential to convert to 6 units (buyer to verify). - Handicap-accessible main level with prior medical office use. - Recently updated with exterior and interior improvements. - Strong Section 8/Housing Choice Voucher income potential. - High-demand rental location with low vacancy characteristics. - Developing neighborhood with continued investment and appreciation potential. - Excellent opportunity for both first-time and seasoned multifamily investors. Opportunities combining below-market assumable financing, immediate income potential, future value-add possibilities, and a prime Northwest DC location are exceptionally rare. Whether your strategy is cash flow, long-term appreciation, or both, this property offers a compelling investment opportunity in one of Washington, DC's most sought-after rental markets.

Listing Courtesy of: EXP Realty, LLC

Location

Features

  • Days on market: 105
  • List Date: July 03, 2026
  • Subdivision: PETWORTH
  • County: WASHINGTON
  • Year Built: 1936
  • Property Type: Quadruplex
  • Total taxes: 11,316
  • Basement Type:
  • Listing ID: DCDC2269674
  • Architecture Style: Traditional

Schools

These schools are filtering within the property address as determined by our data provider.

Rating Name Type Level Grades Address
NA Private Elementary PK-7 2422 K St NW, Washington, DC20037

Grade Span: PK - 7

Admission: Private

Address: 2422 K St NW, Washington, DC20037

Phone: 202-495-0507

Teachers: 6

Students: 20

Ratio: 3:1 Students/Teacher

Gender: 45% Male / 55% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-6 2700 27th St NW, Washington, DC20008

Grade Span: PK - 6

Admission: Private

Address: 2700 27th St NW, Washington, DC20008

Phone: 202-387-2700

Teachers: 11

Students: 71

Ratio: 7:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 3825 Klingle Pl NW, Washington, DC20016

Grade Span: PK - 8

Admission: Private

Address: 3825 Klingle Pl NW, Washington, DC20016

Phone: 202-460-9076

Website: http://www.annunciationschool.net/

Teachers: 21

Students: 121

Ratio: 6:1 Students/Teacher

Gender: 60% Male / 40% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 4300 Harewood Rd NE, Washington, DC20017

Grade Span: 9 - 12

Admission: Private

Address: 4300 Harewood Rd NE, Washington, DC20017

Phone: 202-529-0900

Teachers: 27

Students: 383

Ratio: 14:1 Students/Teacher

Gender: 57% Male / 43% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 1-11 1600 Jonquil St NW, Washington, DC20012

Grade Span: 1 - 11

Admission: Private

Address: 1600 Jonquil St NW, Washington, DC20012

Phone: 301-593-4343

Teachers: 4

Students: 21

Ratio: 5:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Elementary KG-5 1801 Mississippi Ave SE, Washington, DC20020

Grade Span: KG - 5

Admission: Private

Address: 1801 Mississippi Ave SE, Washington, DC20020

Phone: 202-678-1515

Teachers: 10

Students: 71

Ratio: 7:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary KG-5 1801 Mississippi Ave SE, Washington, DC20020

Grade Span: KG - 5

Admission: Private

Address: 1801 Mississippi Ave SE, Washington, DC20020

Phone: 202-678-1515

Teachers: 6

Students: 83

Ratio: 14:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary KG-8 5841 Chevy Chase Pkwy NW, Washington, DC20015

Grade Span: KG - 8

Admission: Private

Address: 5841 Chevy Chase Pkwy NW, Washington, DC20015

Phone: 202-966-6682

Teachers: 39

Students: 508

Ratio: 13:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary PK-12 2001 Wisconsin Ave NW, Washington, DC20007

Grade Span: PK - 12

Admission: Private

Address: 2001 Wisconsin Ave NW, Washington, DC20007

Phone: 202-829-3700

Teachers: 44

Students: 478

Ratio: 11:1 Students/Teacher

Gender: 46% Male / 54% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 5608 Broad Branch Rd NW, Washington, DC20015

Grade Span: PK - KG

Admission: Private

Address: 5608 Broad Branch Rd NW, Washington, DC20015

Phone: 202-232-2233

Teachers: 2

Students: 2

Ratio: 1:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 210 S Carolina Ave SE, Washington, DC20003

Grade Span: PK - 8

Admission: Private

Address: 210 S Carolina Ave SE, Washington, DC20003

Phone: 202-355-4498

Website: http://www.chds.org/

Teachers: 35

Students: 203

Ratio: 6:1 Students/Teacher

Gender: 54% Male / 46% Female

Student/Teacher ratio

Enrollment
NA Private Elementary 2-6 725 8th St SE, Washington, DC20003

Grade Span: 2 - 6

Admission: Private

Address: 725 8th St SE, Washington, DC20003

Phone: 202-878-6917

Teachers: 3

Students: 12

Ratio: 5:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Elementary KG-6 201 Allison St NW Ste B, Washington, DC20011

Grade Span: KG - 6

Admission: Private

Address: 201 Allison St NW Ste B, Washington, DC20011

Phone: 202-722-1520

Website: http://www.cfmschool.org/

Teachers: 12

Students: 104

Ratio: 9:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary KG-12 3742 Ely Pl SE, Washington, DC20019

Grade Span: KG - 12

Admission: Private

Address: 3742 Ely Pl SE, Washington, DC20019

Phone: 202-575-0027

Teachers: 18

Students: 160

Ratio: 9:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 301 A St SE, Washington, DC20003

Grade Span: PK - KG

Admission: Private

Address: 301 A St SE, Washington, DC20003

Phone: 202-294-4799

Teachers: 2

Students: 4

Ratio: 2:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 4101 Connecticut Ave NW, Washington, DC20008

Grade Span: 6 - 12

Admission: Private

Address: 4101 Connecticut Ave NW, Washington, DC20008

Phone: 202-362-8882

Teachers: 44

Students: 333

Ratio: 8:1 Students/Teacher

Gender: 45% Male / 55% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-1 4473 Connecticut Ave NW, Washington, DC20008

Grade Span: PK - 1

Admission: Private

Address: 4473 Connecticut Ave NW, Washington, DC20008

Phone: 202-966-7747

Website: http://www.franklinmontessori.com/

Teachers: 4

Students: 8

Ratio: 2:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 2000 Florida Ave NW, Washington, DC20009

Grade Span: 6 - 12

Admission: Private

Address: 2000 Florida Ave NW, Washington, DC20009

Phone: 202-244-0639

Teachers: 15

Students: 42

Ratio: 3:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary PK-12 4200 Davenport St NW, Washington, DC20016

Grade Span: PK - 12

Admission: Private

Address: 4200 Davenport St NW, Washington, DC20016

Phone: 202-295-6127

Teachers: 149

Students: 1053

Ratio: 7:1 Students/Teacher

Gender: 47% Male / 53% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 1041 Wisconsin Ave NW, Washington, DC20007

Grade Span: PK - KG

Admission: Private

Address: 1041 Wisconsin Ave NW, Washington, DC20007

Phone: 202-337-8058

Teachers: 1

Students: 3

Ratio: 3:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 1524 35th St NW, Washington, DC20007

Grade Span: 9 - 12

Admission: Private

Address: 1524 35th St NW, Washington, DC20007

Phone: 202-337-3350

Website: http://www.visi.org/

Teachers: 46

Students: 509

Ratio: 11:1 Students/Teacher

Gender: / 100% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 19 I St NW, Washington, DC20001

Grade Span: 9 - 12

Admission: Private

Address: 19 I St NW, Washington, DC20001

Phone: 202-336-7100

Website: http://www.gonzaga.org/

Teachers: 68

Students: 956

Ratio: 14:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 1325 36th St NW, Washington, DC20007

Grade Span: PK - 8

Admission: Private

Address: 1325 36th St NW, Washington, DC20007

Phone: 202-337-2339

Teachers: 32

Students: 314

Ratio: 10:1 Students/Teacher

Gender: 47% Male / 53% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 801 Buchanan St NE, Washington, DC20017

Grade Span: 9 - 12

Admission: Private

Address: 801 Buchanan St NE, Washington, DC20017

Phone: 202-281-2700

Teachers: 7

Students: 44

Ratio: 6:1 Students/Teacher

Gender: 61% Male / 39% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 4301 Harewood Rd NE, Washington, DC20017

Grade Span: 6 - 12

Admission: Private

Address: 4301 Harewood Rd NE, Washington, DC20017

Phone: 202-424-3780

Website: http://www.kirovacademydc.org/

Teachers: 11

Students: 77

Ratio: 7:1 Students/Teacher

Gender: 21% Male / 79% Female

Student/Teacher ratio

Enrollment

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