3005 Nelson Place SE Washington, DC 20019
Twining NeighborhoodEstimated payment $4,140/month
Highlights
- Colonial Architecture
- Forced Air Heating and Cooling System
- 5-minute walk to Pope Branch Park
- Brick Front
- Ceiling Fan
About This Home
Exceptional Investment Opportunity in the Heart of Hillcrest – Permits Approved & Ready to Build!
Offered below Tax assessment value.
Savvy investors, take note! This rare Colonial-style quadruplex in the highly sought-after Hillcrest neighborhood offers a prime opportunity to capitalize on a high-potential project. With building permits in hand and approved floor plans, the heavy lifting has already been done — the property is fully gutted, framed, and ready for your finishing touches.
Boasting solid brick construction and spanning approximately 3,480 sq ft, this multi-family building features:
4 total units
Two 3-bedroom, 2-bath units
Two 2-bedroom, 2-bath units
Located in a DC-designated Opportunity Zone, this property offers potential tax advantages and is ideal for investors looking to hold or flip in a high-demand area. The Hillcrest district is known for its charm, historic appeal, and strategic location — just minutes from Capitol Hill, the Anacostia Waterfront, major commuter routes, public transit, and more.
Property Highlights:
Colonial-style architecture
Framed and ready for build-out
Building permits and floor plans already secured
Strong rental income potential
Ideal for condo conversion, short-term rental, or long-term hold
Proximity to major amenities, downtown DC, and new development corridors
Sold AS-IS, this is your chance to transform a well-positioned property into a cash-flowing asset in one of DC’s emerging growth markets.
Don’t let this unique Hillcrest gem pass you by — schedule a tour or submit your offer today!
Listing Agent
(703) 932-7550 patpatino@hotmail.com Long & Foster Real Estate, Inc. Listed on: 10/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,151
Year Built
- Built in 1939 | Remodeled in 2025
Lot Details
- 4,356 Sq Ft Lot
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Quadruplex
- Colonial Architecture
- Fixer Upper
- Slab Foundation
- Brick Front
Interior Spaces
- 3,480 Sq Ft Home
- Ceiling Fan
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Public Septic
Listing and Financial Details
- Assessor Parcel Number 5508//0071
Community Details
Overview
- 4 Units
- 2-Story Building
- Hillcrest Subdivision
Building Details
- 4 Vacant Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $700,000 | +35.9% | $201 / Sq Ft |
| 12/20/2024 12/20/24 | Sold | $515,000 | -6.3% | $148 / Sq Ft |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | Price Changed | $549,900 | 0.0% | $158 / Sq Ft |
| 10/28/2024 10/28/24 | For Sale | $549,900 | +1.9% | $158 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 10/15/2024 10/15/24 | Price Changed | $539,900 | -6.8% | $155 / Sq Ft |
| 10/04/2024 10/04/24 | Price Changed | $579,000 | -3.3% | $166 / Sq Ft |
| 08/08/2024 08/08/24 | For Sale | $599,000 | -- | $172 / Sq Ft |
Source: Bright MLS
MLS Number: DCDC2225342
APN: 5508 0071
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