807 48th Place NE Washington, DC 20019
Deanwood NeighborhoodEstimated payment $3,312/month
About This Home
PRICE IMPROVEMENT!! **Seller is willing to offer a concession to points to buy down the rate to help increase your PROFIT. **This home is eligible for a $10k Welcome Home GRANT toward an eligible buyer's down payment. This is what you've been waiting for as your start to build wealth in the developing neighborhood of Deanwood. This property is investor friendly or for a first-time homebuyer. Live in the vacant top unit and rent out the rest of the property. Basement unit brings in $1,552 and unit #1 brings $1,456. This is an opportunity to buy a cash flowing property with room to increase the value as the neighborhood progresses. The top unit and building hallway has just been updated and ready to rent or move into as a primary residence, while the other units pay your mortgage. The property can bring in $4,560 a month fully occupied. TOPA process is complete. All offers will be considered.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,579
Year Built
- Built in 1933
Lot Details
- 1,677 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Electric Water Heater
- No Septic System
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 807
- Assessor Parcel Number 5149//0807
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/22/2025 04/22/25 | Price Changed | $540,000 | -5.9% | $271 / Sq Ft |
03/12/2025 03/12/25 | For Sale | $574,000 | -- | $288 / Sq Ft |
Source: Bright MLS
MLS Number: DCDC2189604

APN: 5149 0807
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