$360,000
PENDING

Estimated payment $2,369/month

Total Views 2,844
-- Bed
-- Bath
2,340 Sq Ft
$154 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 3-minute walk to Harris Recreation Center

About This Home

Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property’s layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.

Listing Agent

Cornelius Henderson

RE/MAX Allegiance

RE/MAX Allegiance

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 2,533 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,340 Sq Ft Home
  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • C.W. Harris Elementary School
  • Kelly Miller Middle School
  • H.D. Woodson High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Marshall Heights Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-11-16
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Remarks Public: Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property’s layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 153.85
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: C.W. HARRIS
  • Middle School: KELLY MILLER
  • High School: H.D. WOODSON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: C.W. HARRIS
  • High School: H.D. WOODSON
  • Middle Or Junior School: KELLY MILLER

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2533.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 20155.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Pending -- -- --
12/02/2024 12/02/24 Price Changed $360,000 -10.0% $154 / Sq Ft
11/14/2024 11/14/24 For Sale $400,000 -- $171 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2168258

Bright MLS

APN: 5309 0035