3005 Nelson Place SE Washington, DC 20019
Twining NeighborhoodEstimated payment $3,803/month
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
(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
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 |
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
MLS Number: DCDC2225342
APN: 5508 0071
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