Property photo 1

$3,500,000

827 RANDOLPH STREET NW, WASHINGTON DC, 20011

Property typeCommercial

Overview

Active

Active-bright

Listed Jun 5, 2026

Updated 3 weeks ago

Rare opportunity to acquire a partially completed multifamily development in one of Washington, DC's most sought-after neighborhoods. This 14-unit condominium project offers investors and developers the chance to step into an advanced-stage development with significant construction already completed, reducing both timeline and execution risk. Framing and roofing have been completed, allowing a new owner to focus on the remaining construction phases and accelerate the path to completion and sale. With much of the heavy structural work already in place, this project presents a compelling value-add opportunity for developers seeking to deploy capital efficiently. Investment Highlights 14-unit condominium development Framing completed Roofing completed Significant construction progress already achieved Opportunity to complete and deliver a high-demand residential product Located in the thriving Petworth neighborhood Close proximity to Metro, retail, restaurants, and major commuter routes Strong demand for new residential housing in Northwest DC Potential for attractive returns through unit sales or long-term hold strategy The Opportunity For investors and developers looking to acquire a project beyond the entitlement and early construction stages, 827-829 Randolph Street NW offers a unique opportunity to take over and complete a well-positioned development. By acquiring a project with the structural shell already underway, buyers can save valuable time and focus on bringing the vision to market. Situated in the heart of Petworth, one of DC's most established and rapidly appreciating neighborhoods, this asset combines location, scale, and existing construction progress to create an exceptional investment opportunity. Development package, plans, permits, and additional project details available upon request. Serious investor and developer inquiries only.

Other Property Details

Taxes
$7,790
Tax Frequency
Annually
New Construction
Yes
MLS provider logo

Listed by Coldwell Banker Realty - Washington
Listing Contact: 5712062380 

The IDX display contains information sourced from the Bright MLS, Inc. as of 8/25/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 8/25/2026 at 7:32 AM UTC

 

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