4839 Jay St NE Washington, DC 20019
Deanwood NeighborhoodEstimated payment $1,898/month
Highlights
- Colonial Architecture
- No HOA
- Hot Water Heating System
About This Home
Unique Washington, DC Development Opportunity: 2 Homes for 1 Price!
The list PRICE REPRESENTS THE OPENING OFFER AMOUNT. AGENTS - PLEASE VIEW AGENT REMARKS IN BRIGHT MLS.
Please schedule all showings online through ShowingTime.
Offers will be accepted through Monday, September 22, 2025, at 5:00 pm.
AT SELLER'S DISCRETION, AN OFFER MAY BE ACCEPTED AT ANY TIME.
Address: 4839 Jay Street NE, Washington, DC 20019
Includes: Existing Home + Two Additional Buildable Lots
Total Land Area: Approx. 11,524 sq ft (Combined)
Zoning: R-2 (Residential, Semi/Detached)
Ideal for: Developers & FHA 203(k) Homebuyers
At-A-Glance
Don’t miss this rare opportunity to own not just a home, but a future development site. For one bundled price, you get:
A classic 3-bedroom, 2-bathroom detached home on two lots (0032 & 0033)
Two adjacent vacant lots (0034 & 0801) zoned R-2 and ready for new construction
A combined assemblage totaling over 11,500 sq ft of land
Perfect for new builds, additions, guest homes, or long-term investments
Located in sought-after Deanwood, one of DC’s most promising growth zones
Existing Home — 4839 Jay Street NE
Type: Detached, 2-story + Basement
Bedrooms/Baths: 3 BR / 2 BA
Living Area: 1,200–1,602 sq ft
Lot Size: 4,762 sq ft
Year Built: 1924
Features: Brick exterior, original hardwoods, hot water heating
Condition: Livable and eligible for FHA 203(k) renovation financing
With some updates and TLC, this home has fantastic value-add potential—perfect for a homebuyer looking to build equity or an investor seeking returns.
Vacant Lots — Jay Street NE (Lots 0034 & 0801)
Zoning: R-2 (Low-Density Residential)
Size: Combined approx. 6,762 sq ft
Zoning Potential: Detached or Semi-Detached Homes
Build Guidelines:
Minimum Lot Area: 4,000 sq ft
Max Height: 40 ft (3 stories)
Max Lot Occupancy: 40%
Setbacks: 20 ft rear, 8 ft side
Developers can build new housing in a neighborhood that is already experiencing growth and revitalization. The site offers flexible configurations and excellent scale possibilities.
Development + Financing Scenarios
For Developers:
Build & Sell: Construct 1–2 new homes next to an income-producing unit
Live & Build: Renovate the main house and develop additional lots in phases
For FHA 203(k) Buyers:
Finance Renovations: Use HUD’s renovation program to upgrade the existing home
Future Expansion: One loan can fund purchase and renovation, or even site work on adjacent lots
Location Highlights:
Minutes to Minnesota Ave & Benning Road Metro Stations
Easy commute to Capitol Hill or downtown DC
Nearby amenities: Marvin Gaye Park, Deanwood Library, schools, & shopping
Located on a quiet, residential block with upward neighborhood trends
One Property. Two Houses. Limitless Potential.
Whether you're a developer seeking new build opportunities or a homebuyer ready to design your dream home with expansion potential, this property delivers uncommon flexibility and long-term upside.
Two houses for the price of one. Renovate and build your future.
Schedule a Tour or Strategy Consult Today!
Anthony R. Bolling, JD, CCIM
Associate Broker | Keller Williams Preferred Properties
Let’s explore how your next home—or investment—starts right here on Jay Street NE.
Listing Agent
(240) 339-6979 anthony@anthonybollinggroup.com Keller Williams Preferred Properties Listed on: 08/28/2025
Open House Schedule
-
Saturday, September 20, 202510:00 to 11:00 am9/20/2025 10:00:00 AM +00:009/20/2025 11:00:00 AM +00:00Add to Calendar
-
Sunday, September 21, 202512:30 to 1:30 pm9/21/2025 12:30:00 PM +00:009/21/2025 1:30:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $588
Year Built
- Built in 1924
Lot Details
- 2,381 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- Unfinished Basement
- Connecting Stairway
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Houston Elementary School
- Kelly Miller Middle School
- H.D. Woodson High School
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Deanwood Subdivision
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number 5149//0033
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 |
|---|---|---|---|---|
| 2024 | $588 | $318,070 | $133,100 | $184,970 |
| 2023 | $589 | $306,890 | $130,170 | $176,720 |
| 2022 | $600 | $274,570 | $128,670 | $145,900 |
| 2021 | $581 | $262,320 | $126,790 | $135,530 |
| 2020 | $556 | $256,590 | $124,220 | $132,370 |
| 2019 | $533 | $232,590 | $120,120 | $112,470 |
| 2018 | $513 | $223,290 | $0 | $0 |
| 2017 | $470 | $207,860 | $0 | $0 |
| 2016 | $430 | $187,710 | $0 | $0 |
| 2015 | $392 | $165,050 | $0 | $0 |
| 2014 | $362 | $155,310 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $350,000 | -17.6% | $218 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $425,000 | -10.5% | $265 / Sq Ft |
| 08/10/2025 08/10/25 | Price Changed | $475,000 | -6.9% | $297 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $510,000 | -9.7% | $318 / Sq Ft |
| 03/25/2025 03/25/25 | Price Changed | $565,000 | -8.1% | $353 / Sq Ft |
| 02/02/2025 02/02/25 | Price Changed | $615,000 | -12.1% | $384 / Sq Ft |
| 01/08/2025 01/08/25 | For Sale | $700,000 | -- | $437 / Sq Ft |
Source: Bright MLS
MLS Number: DCDC2217370
APN: 5149-0033
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