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642 Morton Place Northeast

Washington DC 20002

3
2
1722 sq. ft.
1150 sq. ft.
Townhouse
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
1722 sq. ft. floor area
1150 sq. ft. lot size
Townhouse

Happy sellers in Washington

<50%
Less than 50% of sellers in Washington reported that their sale price either exceeded or met their price expectations.

Washington stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Washington over the last 12 months.

Local market activity for 3 bedroom townhouses in Washington

In the last 12 months, 187 three-bedroom townhouses similar to 642 Morton Place Northeast, have been sold.

This represents a 17% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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