430 Condon Terrace SE Washington, DC 20032
Washington Highlands NeighborhoodHighlights
- Contemporary Architecture
- 90% Forced Air Heating System
- 3-minute walk to Ferebee-Hope Recreation Center
- No HOA
About This Home
***Master Lease Opportunity*** Turn the key on a fully-revitalized five-residence building that sits just uphill from the momentum of Congress Heights. Taken down to the studs between 2019 and 2020, more than $450,000 was invested to deliver five legal 3-bed/1-bath apartments, each with its own washer-dryer, central HVAC, stainless appliances, new windows, recessed lighting and fresh flooring. A new TPO roof, all-new framing, plumbing, electrical, insulation (even the crawl space), exterior railings, fencing and a concrete basement slab complete a head-to-toe rebuild designed for decades of low-maintenance ownership.
The location is pure growth story: a five-minute stroll to the Green Line at Congress Heights Metro and the 4,200-seat Entertainment & Sports Arena, home of the Washington Mystics and practice hub for the Wizards. The building also stands within the 5-million-square-foot, $1 B+ St. Elizabeths East redevelopment, now adding retail villages, 400+ new residences and the $375 M Cedar Hill Regional Medical Center.
At roughly 2,640 SF of rentable interior space, the property’s efficient footprint promises strong cash flow while limiting operating expenses. Delivered 100 % vacant and free of TOPA complications, investors can launch leasing or a master-lease strategy on day one.
Whether you’re targeting stabilized workforce housing, co-living, subsidized housing opportunities, or a value-add exit, this turnkey asset offers scale, modern systems and a catalytic neighborhood, all at a price point rarely seen inside the District.
C of O, Basic Business License, and building floor plan available upon request
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,634
Year Built
- Built in 1950 | Remodeled in 2020
Lot Details
- 3,440 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 2 Levels
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- 90% Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Residential Lease
- Security Deposit $11,500
- No Smoking Allowed
- 12-Month Min and 60-Month Max Lease Term
- Available 7/24/25
- Assessor Parcel Number 6154//0817
Community Details
Overview
- No Home Owners Association
- Congress Heights Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
- Pet Deposit $300
Map
Source: Bright MLS
MLS Number: DCDC2212528

APN: 6154-0817
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