The median home value in Washington, DC is $347,397.
This is
lower than
the county median home value of $650,000.
The national median home value is $308,980.
The average price of homes sold in Washington, DC is $347,397.
Approximately 7.67% of Washington homes are owned,
compared to 32.83% rented, while
3.33% are vacant.
Washington real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
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1625 21st Pl SE represents an exceptional investment opportunity in a burgeoning market. The approved plans for a 20-unit condominium development in the rapidly transforming Anacostia neighborhood provide a clear path to high returns. With strong market fundamentals, a prime location, and robust neighborhood amenities, this property is well-positioned to meet the growing demand for quality housing in Washington, DC. The property's value is significantly enhanced by the pre-approved development plans for a 20-unit condominium building. This approval mitigates much of the initial development risk and expedites the construction timeline, allowing investors to capitalize on the market demand more quickly poised to deliver substantial returns in one of the city's most promising real estate markets. The 20 units are a mixture of one (1) beds / one (1) bath & two (2) beds / two (2) baths and ranging from 550 sqft to almost 800 sqft. Offering Memorandum and full financial analysis are provided in the documents section. The approved plans and permits will be provided by agents to any interested party for proper due diligence.
Take advantage of this prime development opportunity in DC's thriving Anacostia/Randle Heights neighborhood which has been undergoing revitalization in recent years. This property is tenant occupied but TOPA has been complete. Ready for your plans to expand as a larger apartment building or condo conversion project. Also see neighboring property being sold with plan. Contact Listing Agent for showings.
$75,000 Price Drop! Motivated Seller! INVESTOR ALERT! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom! Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Units 1 and 4 are vacant while the rest are occupied. Rents on the occupied units are $1,880/ mo (basement), $1,600/mo (unit 2), and $1,200/mo (unit 3). All units have central air. Tenants pay their own gas and electric. Landlord pays water, sewer, trash, and common area electric. Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!
Currently an artistâs studio on the first level and a fabulous apartment on the second level. Very attractive glass storefront sets the stage for endless creative uses. Architect designed interior in 2015 with original exposed brick and all new infrastructure including new roof, new floors, new electric service, new plumbing. Upstairs is a fabulous apartment, open floorplan, rear bedroom with double doors to finished porch. Both front and rear entry, parking off alley on 13th Street alley. Zoning allows up to two additional floors to be added. Must see!
Property sold as-is. Property has water and mold damage; unsafe to enter. Prime Anacostia location with lots of potential for development or complete renovation.
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