$649,900
UNDER CONTRACT

Estimated payment $3,803/month

Total Views 5,553
Studio
-- Bath
3,480 Sq Ft
$187 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Pope Branch Park
  • Brick Front
  • Ceiling Fan

About This Home

WOW BIG REDUCCION PRICE an Exceptional Investment Opportunity in the Heart of Hillcrest – Permits Approved This is a four-unit residential structure & FRAMED condition, awaiting full development. OFFERED BELOW THE TAX ASSESSMENT.
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

Guillermo Patino

(703) 932-7550 patpatino@hotmail.com Long & Foster Real Estate, Inc. Listed on: 10/02/2025

Long & Foster Real Estate, Inc.

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,151

Year Built

Built in 1939 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 10/6/2025 12:00:00 AM
  • Year Built: 1939
  • Year Renovated: 2025
  • Automatically Close On Close Date: No
  • Special Features: 130

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 3480
  • Living Area Sq Ft: 3480
  • Price Per Sq Ft: 186.75
  • Above Grade Finished Sq Ft: 3480
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: Its a 4442 sq feet lot.
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Major Rehab Needed, Good
  • Soil Types: Unknown
  • Zoning: MULTI-UNIT
  • In City Limits: No

Rental Info

  • Existing Lease Type: None
  • Lease Considered: No
  • Rent Control: No
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 4
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 5151.00
  • Assessor Parcel Number: 5508//0071
  • Tax Year: 2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

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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
2025 $5,151 $779,870 $206,860 $573,010
2024 $3,361 $769,120 $199,670 $569,450
2023 $3,079 $741,910 $192,030 $549,880
2022 $3,444 $651,010 $183,370 $467,640
2021 $1,300 $592,430 $180,660 $411,770
2020 $1,241 $530,960 $173,280 $357,680
2019 $1,185 $482,630 $164,400 $318,230
2018 $1,135 $439,030 $0 $0
2017 $2,070 $374,630 $0 $0
2016 $1,888 $314,890 $0 $0
2015 $1,718 $303,610 $0 $0
2014 $1,572 $255,170 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 Price Changed $649,900 -3.0% $187 / Sq Ft
10/27/2025 10/27/25 Price Changed $670,000 -4.3% $193 / Sq Ft
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 View Prior Sale
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

Source: Bright MLS

MLS Number: DCDC2225342

Bright MLS

APN: 5508 0071