1505 West Virginia Avenue Ne Washington, DC 20002

$465,500
4
Beds
2
Baths
0.04
Acres
1,949
SQFT
239
$/SQFT
$465,500
4
Beds
2
Baths
1,949   sf
$239 / sf
Favorite

active
1/31
Street View

Ready to renovate and build instant equity. NE DC Investment Opportunity – Multi-Unit Potential. Now at a lower price!!!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 WinsHigh-margin equity play – create a single-family dream home or convert to 2–3 income-producing unitsBuilt-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 appealFinancing Made EasyEligible for FHA 203(k), VA, and conventional renovation loans – roll acquisition + renovation into one simple mortgage.Short Sale AdvantageThe bank is ready to accept 95% of the list price. Appraisal done, no guesswork, fast closing possible.Location You Can’t BeatMinutes to Union Market, H Street Corridor, and National Arboretum. Close to Metro and bus lines, attracting steady demand from professionals.Bottom LineStep in at entry-level pricing, renovate, and build equity. Multi-unit potential + strategic location = a rare opportunity in NE DC. Don’t wait.

Ready to renovate and build instant equity. NE DC Investment Opportunity – Multi-Unit Potential. Now at a lower price!!!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 WinsHigh-margin equity play – create a single-family dream home or convert to 2–3 income-producing unitsBuilt-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 appealFinancing Made EasyEligible for FHA 203(k), VA, and conventional renovation loans – roll acquisition + renovation into one simple mortgage.Short Sale AdvantageThe bank is ready to accept 95% of the list price. Appraisal done, no guesswork, fast closing possible.Location You Can’t BeatMinutes to Union Market, H Street Corridor, and National Arboretum. Close to Metro and bus lines, attracting steady demand from professionals.Bottom LineStep in at entry-level pricing, renovate, and build equity. Multi-unit potential + strategic location = a rare opportunity in NE DC. Don’t wait.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Washington
  • Tax Amount
    $1,216
  • Status
    Active
  • Listing #
    DCDC2240906
  • Built
    1927
  • Lot Size
    0.04
  • Listed on site
    287 days
  • Listing Agent Id
    121135451367

Listed by:
RE/MAX Allegiance

Source:
BRIGHT MLS

Click for Map
Smart Commute Planner
Add a destination

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Fence
  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Formal Dining

Style

  • Colonial

Property History

DateDays AgoEventNew Price
Sep 23, 20261 mo agoPrice decreased42,500 (8%)$465,500
Jun 26, 20264 mos agoPrice decreased28,750 (5%)$508,000
Apr 11, 20267 mos agoPrice decreased28,250 (5%)$536,750
Jan 12, 202610 mos agoNew on market$565,000
rating icon
GREAT DEAL
NEW!
Favorite

Tour This Home

Mon
26Oct
Tue
27Oct
Wed
28Oct
Thu
29Oct
Fri
30Oct
Sat
31Oct
Sun
01Nov
Mon
02Nov
Tue
03Nov
Wed
04Nov
Thu
05Nov
Fri
06Nov
Sat
07Nov
Sun
08Nov
in Person
via Video Call