1 month on rocket

Backup Offers

119 53rd St SE, Washington, DC, 20019

$360,000

Home List Price

$4,275*

Closing Credit

0 Baths
2,340 SqFt
$154/SqFt
Multi

Location

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119 53rd St SE, Washington$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1952
HeatingForced Air
CoolingNone
MLS #DCDC2168258
Lot Size0.06 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 119 53rd St SE

Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property’s layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1952
  • Living Area: 2,340 SqFt

Listing Office:

  • Office Name: RE/MAX Allegiance
  • Office Phone: (202) 338-8900
  • Listing Agent: Cornelius R Henderson

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Use Google Maps or Waze

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $154/SqFt
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Housing Market Comparison

See how this home compares to others in Washington, DC.

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Washington, DC

City

Med. Sold Price

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

119 53rd St SE vs Washington

33 DAYS ON ROCKET

-10 Days

$360,000

-$316K Less

$154/SqFt

-$357 Less

KEY TAKEAWAY

This property is $316K less than the Median Sold Price and $357/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2168258

Listing Office:

  • Office Name: RE/MAX Allegiance
  • Office Phone: (202) 338-8900
  • Listing Agent: Cornelius R Henderson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 7:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1155752
2
/10

  • C. W. Harris Elementary School

  • 301 53rd St SE

  • 0.21 miles

  • Public District Grades EE-5

school-card-donut-1155753
4
/10

  • Nalle Elementary School

  • 219 50th St SE

  • 0.27 miles

  • Public District Grades EE-5

school-card-donut-1155754
9
/10

  • Kipp Dc - Quest Academy Public Charter School

  • 5300 Blaine St NE

  • 0.37 miles

  • Public Charter Grades 1-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,412. Most Washington, DC residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20019›119 53rd St SE

This home is located at 119 53rd St SE in Washington, DC and zip code 20019 in the Southeast neighborhood. This 2,340 square foot home, which was built in 1952, sits on a 0.06 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $360,000.

In November 2024, from all listings sold in Washington, DC there were more than 85 sold above asking price, over 219 sold below and more than 83 were sold right at the asked price. The number of listings in Washington, DC increased by 4.8% between October 2024 and November 2024. Listings spent 43 days on the market in November 2024, and had a median list price of $676,027 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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