4069-4089 MINNESOTA AVE NE, WASHINGTON,DC 20019

$6,500,000

4069-4089 MINNESOTA AVE NE, WASHINGTON, District Of Columbia 20019 - $6,500,000

1.19 Acre
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Description

CHAPTER 11 BANKRUPTCY SALE – Pursuant to Court Order, the Bid Deadline is Monday, October 6, 2025 @ 3pm EST.

Tour Date – Wednesday, October 1, 2025 from 12pm to 2pm.

Minnesota Commons Apartments, 4069-4089 Minnesota Avenue NE, offers a rare opportunity for buyers with a track record of successfully repositioning multifamily properties to acquire a sizable, multi-building portfolio in a high-visibility commercial and residential corridor in an Opportunity Zone in Northeast Washington, DC. This complex is comprised of eleven brick buildings with a total of 83 apartments. Each building has three levels with 6, 9, or 12 units, some with basement storage and one building with a resident laundry room. Prior to renovations, all apartments were believed to be 1 bedroom or 2 bedrooms, each with a full bathroom. Construction was initiated in 48 units, and with a 30%+/- occupancy rate, a new owner has great flexibility to perform renovations and the potential to reconfigure units to add additional bedrooms. The lot size is 52,030 SF (est.), or 1.19 acres, with approximately 212’ road frontage along Minnesota Avenue.

Based on a third-party report, the property is believed to be 83 units with an average 840 SF unit size. However, based on a recent site inspection, two apartment units are a combination of two individual apartments, resulting in 83 potential units but 81 physical units. This property offers a Total Net Rentable Area of 103,308 SF within a Gross Building Area of 122,109 SF. The buyer should verify all counts and sizes when performing their due diligence. Originally constructed in 1942, the property features durable wood and masonry construction, with a reinforced concrete slab foundation supporting concrete block exterior and demising walls. The buildings have brick exteriors, with concrete block exterior and demising walls, and wood frame floor structures and interior walls. The flat deck roof holds built-up assemblies with a tar and gravel cover. The HVAC is provided by electric PTAC units in living areas and bedrooms (where available), along with electric baseboard heating.

Offered for sale by H. Jason Gold, Trustee. Contact CENTURY 21 Commercial New Millennium for tour dates, bidding procedures and further information.

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $6,500,000
Year Built : 1942
Lot : 1.19 Acre
Status : Active

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Features
: Other
: Other

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
DC
WASHINGTON
WASHINGTON
DEANWOOD
20019
W77° 3' 9.9''
N38° 53' 47.9''

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
122,109 Sq.Ft
: Mu-7b
: Backs to trees, Backs - parkland
N
: Settlement, Negotiable
Public Sewer
: Public
$0
53.23
2025
49554.2

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

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    Call (434) 981-5923

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    For immediate response contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. CENTURY 21 New Millennium represents the interest of the seller 7035564222 DCDC2222142. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.