Seller's Agent in 2025
Anthony Bolling
Keller Williams Preferred Properties
(240) 339-6979
2 in this area
24 Total Sales
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.
Last Agent to Sell the Property
(240) 737-5000 anthony@anthonybollinggroup.com Keller Williams Preferred Properties License #BR701884 Listed on: 08/28/2025
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $399,999 | Westcor Land Title Insurance C |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Sold | $400,000 | +14.3% | $250 / Sq Ft |
| 09/23/2025 09/23/25 | Pending | -- | -- | -- |
| 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 | -- | $265 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $588 | $325,410 | $136,530 | $188,880 |
| 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 |
Seller's Agent in 2025
Anthony Bolling
Keller Williams Preferred Properties
(240) 339-6979
2 in this area
24 Total Sales
Buyer's Agent in 2025
Chris Jameson
Compass
(202) 386-8584
1 in this area
44 Total Sales
Source: Bright MLS
MLS Number: DCDC2217370
APN: 5149-0033
Ask me questions while you tour the home.