$760,000
SOLD JUL 21, 2025

1017 17th Place NE Washington, DC 20002

Langston Neighborhood
-- Bed
-- Bath
2,810 Sq Ft
3,744 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

11% Below List Price

47 Days on Market

About This Home

As of July 2025

***EXCELLENT OPPORTUNITY FOR DEVELOPER*** 100% FINANCING AVAILABLE***Welcome to 1017 17th Place NE a multiple unit apartment building located in the subdivision of Trinidad/Langston Carver, Washington DC. At current, each unit offers 2 bedroom/1 bath with extended bump out. In need of renovation and/or repairs. Excellent opportunity for a multiple unit condo conversion. Lot size: 3,744 s/f; Zoning RA-2; NO PLANS OR PERMITS. Very deep rear yard. Parking up to 4 vehicles. Projected Condo Project: 8 units = (8) 2-bdrm at 900 s/f each ($485 s/f), Total s/f = 7,200; ARV = $3,492,000. Projected Construction Cost: Acquisition Cost $850,000; Construction Cost: $1,188,000 ($165+ per s/f x 7,200 s/f of living area); Negotiated Broker’s Fee (5%); $174,600; Carrying Cost at 13% on $850,000: $221,000 (24 months); Plans & Permits: $50,000; Legal Fees: $10,000; Total Acquisition & Construction Cost: $2,493,600; Profit: $998,400; ROR: 40%; Very HOT area for new development. Condo conversion projects next door, across the street and three doors down. ENTIRE BUILDING IS VACANT. NO TOPA INVOLVED. PHOTOS DO NOT REPRESENT CURRENT CONDITION.

Last Agent to Sell the Property

Alvin Rice

(202) 263-9008 alvinrice1@gmail.com Coldwell Banker Realty - Washington License #SP98363611 Listed on: 03/05/2025

Coldwell Banker Realty - Washington

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 1936 | Remodeled in 2000

Lot Details

  • 3,744 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,810 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • 4 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 4473//0111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,600

Year Built

Built in 1936 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 3/10/2025 12:00:00 AM
  • Year Built: 1936
  • Year Renovated: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: ***EXCELLENT OPPORTUNITY FOR DEVELOPER*** 100% FINANCING AVAILABLE***Welcome to 1017 17th Place NE a multiple unit apartment building located in the subdivision of Trinidad/Langston Carver, Washington DC. At current, each unit offers 2 bedroom/1 bath with extended bump out. In need of renovation and/or repairs. Excellent opportunity for a multiple unit condo conversion. Lot size: 3,744 s/f; Zoning RA-2; NO PLANS OR PERMITS. Very deep rear yard. Parking up to 4 vehicles. Projected Condo Project: 8 units = (8) 2-bdrm at 900 s/f each ($485 s/f), Total s/f = 7,200; ARV = $3,492,000. Projected Construction Cost: Acquisition Cost $850,000; Construction Cost: $1,188,000 ($165+ per s/f x 7,200 s/f of living area); Negotiated Broker’s Fee (5%); $174,600; Carrying Cost at 13% on $850,000: $221,000 (24 months); Plans & Permits: $50,000; Legal Fees: $10,000; Total Acquisition & Construction Cost: $2,493,600; Profit: $998,400; ROR: 40%; Very HOT area for new development. Condo conversion projects next door, across the street and three doors down. ENTIRE BUILDING IS VACANT. NO TOPA INVOLVED. PHOTOS DO NOT REPRESENT CURRENT CONDITION.
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2810
  • Living Area Sq Ft: 2810
  • Price Per Sq Ft: 302.46
  • Above Grade Finished Sq Ft: 2810
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1017

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • 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
  • Cooling Fuel: Electric
  • 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
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3744.00
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: RA-2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7600.00
  • Assessor Parcel Number: 4473//0111
  • Tax Year: 2024
  • Close Date: 07/21/2025

Multi Family

  • Number Of Units Vacant: 4
  • Other Units: Unit 4

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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
07/21/2025 07/21/25 Sold $760,000 -10.6% $270 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $849,900 -- $302 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alvin Rice

    Seller's Agent in 2025

    Alvin Rice

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 263-9008

    4 in this area

    48 Total Sales

    Alvin Rice
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2187996

Bright MLS

APN: 4473 0111

District of Columbia District of Columbia County Washington 20002 Langston

1017 17th Place NE, Washington, DC

This home is located at 1017 17th Place NE, Washington, DC 20002 and is currently priced at $760,000, approximately $270 per square foot. This property was built in 1936. 1017 17th Place NE is a home located in District of Columbia with nearby schools including Browne Education Campus, Eastern High School, and KIPP DC Spring Academy - PCS.

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