1505 West Virginia Ave Ne, Washington, DC 20002

$508,000
4
BD
2
BA
1,380
SqFt

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List Price
$508,000
Price Change
▼ $28,750 1782526897
Days on Market
198
Status
ACTIVE
MLS#
DCDC2240906
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,380
Lot Size (Acres)
0.04
Style
Colonial
Year Built
1927
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

NE DC Investment Opportunity – Multi-Unit Potential + Instant Equity Buy low, renovate, and capture equity fast. This RF-1 rowhome is a rare opportunity to enter one of D.C.’s hottest neighborhoods, with flexible 3–4-bedroom space and multi-unit conversion potential (buyer to verify). Why This Property Wins High-margin equity play – create a single-family dream home or convert to 2–3 income-producing units Built-in value – front porch, rear deck, fenced yard, parking under the deck, and solar panels (2023) Off-street parking – a rare “DC Gold” feature that boosts resale and rental appeal Financing Made Easy Eligible for FHA 203(k), VA, and conventional renovation loans – roll acquisition + renovation into one simple mortgage. Short Sale Advantage The bank is ready to accept 95% of the list price. Appraisal done, no guesswork, fast closing possible. Location You Can’t Beat Minutes to Union Market, H Street Corridor, and National Arboretum. Close to Metro and bus lines, attracting steady demand from professionals. Bottom Line Step in at entry-level pricing, renovate, and build equity. Multi-unit potential + strategic location = a rare opportunity in NE DC. Don’t wait.

Additional Information

Subdivision
Trinidad
Short Sale
Yes
Taxes
$1215.74
Interior Features
Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Galley, Wainscotting, Walk-in Closet(s)
School District
District Of Columbia Public Schools
Elementary School
Wheatley Education Campus
Middle School
Wheatley Education Campus
High School
Eastern Senior
Exterior Features
Sidewalks, Street Lights
Heating
Central, Forced Air
Heating Fuel
Natural Gas
Cooling
Ceiling Fan(s), Central A/C
Roof
Built-Up
Water
Public
Sewer
Public Sewer
Room Level
Bedroom 1: Upper 1, Bedroom 2: Upper 1, Bedroom 3: Upper 1, Bathroom 1: Upper 1, Bedroom 1: Lower 1, Bathroom 1: Lower 1
Basement
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Allegiance. Contact: