$450,000

Estimated payment $2,607/month

Total Views 10,083
-- Bed
-- Bath
2,031 Sq Ft
$222 Price per Sq Ft

Highlights

  • 0.2 Acre Lot
  • More Than Two Accessible Exits
  • Hot Water Heating System
  • 6 Car Detached Garage
  • Parking Storage or Cabinetry

About This Home

Seller is motivated and offering 15,000 in seller concessions for offers at listed price! Welcome to an exceptional investment opportunity in DC. This multifamily property features two separate units, each boasting two spacious bedrooms and one bathroom. Perfectly designed for both comfort and functionality, these units offer an ideal living space for tenants or future condo owners. Currently zoned R-3, this property comes with the exciting possibilities of condo conversion and rezoning, making it a true investor's dream. Each unit is separately metered, ensuring ease of management and utility accountability. The property's potential doesn't end there—an appraisal has been completed and is in hand, confirming the listed price, which ensures peace of mind for prospective buyers. Situated in a thriving neighborhood with access to local amenities, transportation, and top-rated schools, this multifamily gem is poised for significant appreciation. Moreover, it is located just minutes from 295, providing easy access to Maryland and Virginia, making commuting a breeze for future residents. Whether you're looking to expand your real estate portfolio or embark on a condo conversion project, this property offers endless possibilities. Don't miss out on this rare opportunity to invest in a versatile and promising asset. Schedule your private showing today and envision the future of this remarkable property!

Listing Agent

Courtney Smith

Compass

Compass

Co-Listing Agent

Kalonji Foreman

Compass License #0225219499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1925

Parking

  • 6 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 8,768 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 5877//0077

Community Details

Overview

  • 2 Units
  • 1-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,134

Year Built

Built in 1925

Lot Details

0

Parking

6

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-08-31
  • Year Built: 1925
  • Remarks Public: Seller is motivated and offering 15,000 in seller concessions for offers at listed price! Welcome to an exceptional investment opportunity in DC. This multifamily property features two separate units, each boasting two spacious bedrooms and one bathroom. Perfectly designed for both comfort and functionality, these units offer an ideal living space for tenants or future condo owners. Currently zoned R-3, this property comes with the exciting possibilities of condo conversion and rezoning, making it a true investor's dream. Each unit is separately metered, ensuring ease of management and utility accountability. The property's potential doesn't end there—an appraisal has been completed and is in hand, confirming the listed price, which ensures peace of mind for prospective buyers. Situated in a thriving neighborhood with access to local amenities, transportation, and top-rated schools, this multifamily gem is poised for significant appreciation. Moreover, it is located just minutes from 295, providing easy access to Maryland and Virginia, making commuting a breeze for future residents. Whether you're looking to expand your real estate portfolio or embark on a condo conversion project, this property offers endless possibilities. Don't miss out on this rare opportunity to invest in a versatile and promising asset. Schedule your private showing today and envision the future of this remarkable property!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Other
  • Room Count: 4
  • Total Sq Ft: 2297
  • Living Area Sq Ft: 2031
  • Price Per Sq Ft: 244.83
  • Above Grade Finished Sq Ft: 1838
  • Below Grade Finished Sq Ft: 193
  • Below Grade Sq Ft: 266
  • Total Below Grade Sq Ft: 459
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3026

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 Spaces: 6.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Covered Parking
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8768.00
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1134.00
  • Assessor Parcel Number: 5877//0077
  • Tax Lot: 77
  • Tax Total Finished Sq Ft: 1806
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 2

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,134 $429,160 $188,950 $240,210
2023 $1,125 $407,070 $182,990 $224,080
2022 $1,125 $371,630 $173,610 $198,020
2021 $1,081 $364,100 $171,060 $193,040
2020 $1,032 $337,390 $157,910 $179,480
2019 $986 $323,230 $154,580 $168,650
2018 $946 $295,820 $0 $0
2017 $937 $292,820 $0 $0
2016 $864 $276,880 $0 $0
2015 $787 $256,520 $0 $0
2014 $720 $239,710 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $450,000 -5.3% $222 / Sq Ft
04/02/2025 04/02/25 For Sale $475,000 0.0% $234 / Sq Ft
03/22/2025 03/22/25 Off Market $475,000 -- --
03/03/2025 03/03/25 Price Changed $475,000 -5.0% $234 / Sq Ft
02/04/2025 02/04/25 Price Changed $499,999 -10.7% $246 / Sq Ft
01/21/2025 01/21/25 Price Changed $560,000 -2.6% $276 / Sq Ft
11/14/2024 11/14/24 Price Changed $575,000 -1.7% $283 / Sq Ft
08/31/2024 08/31/24 For Sale $585,000 0.0% $288 / Sq Ft
08/30/2024 08/30/24 Price Changed $585,000 -- $288 / Sq Ft
Source: Bright MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $172,000 New Conventional
Closed $179,100 New Conventional
Closed $30,000 Credit Line Revolving
Closed $165,000 New Conventional
Closed $90,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: DCDC2155516

Bright MLS

APN: 5877-0077