3 months on rocket

2493 Alabama Ave SE, Washington, DC, 20020

$1,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,360 SqFt
$298/SqFt
Multi

Location

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2493 Alabama Ave SE, Washington$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCrushed Stone, Dirt Driveway, Off Street
Year Built1946
HeatingHot Water
CoolingNone
MLS #DCDC2151740
Lot Size0.10 Acres
StatusActive
(ACTIVE)

About 2493 Alabama Ave SE

Large four unit in Randle Heights that's surrounded by development! Building is adjacent to two new construction multifamily buildings and less than 0.5mi away from Skyland Town Center. Three of the four units are occupied. Rents are around $1,000/month each. Units are all 2 bedroom / 1 bath but all can be reconfigured to add another bedroom. We know of nearby properties getting $2,500/month through the voucher program for 3 bedroom / bath units! Finished square footage is 3,360 per tax records and the unfinished basement is another approximately 1,680 square feet. Zoning is RA-1 so it may be possible to add units in the basement. Lot is 4,292 SF.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1946
  • Living Area: 3,360 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Stefan Rosu

Exterior Features

Parking Information:

  • Parking: Crushed Stone, Dirt Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Located at the intersection of 25th St SE and Alabama Ave SE

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $298/SqFt

Tax Information:

  • Annual Amount: $3,282
  • Tax Year: 2020
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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

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

2493 Alabama Ave SE vs Washington

115 DAYS ON ROCKET

+72 Days

$1,000,000

+$327.6K More

$298/SqFt

-$213 Less

KEY TAKEAWAY

This property is $327.6K more than the Median Sold Price and $213/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: #DCDC2151740

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Stefan Rosu

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: 11/16/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,282$386,100
2019$3,039$357,560
2018$2,638$310,340
2017$2,545$299,380

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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-92307
2
/10

  • Stanton Elementary School

  • 2701 Naylor Rd SE

  • 0.21 miles

  • Public District Grades EE-5

school-card-donut-92308
8
/10

  • Rocketship Public Charter School - Rise Academy

  • 2335 Raynolds Pl SE

  • 0.26 miles

  • Public Charter Grades PK-5

school-card-donut-92309
3
/10

  • Garfield Elementary School

  • 2435 Alabama Ave SE

  • 0.34 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,088. Most Washington, DC residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20020›2493 Alabama Ave SE

This home is located at 2493 Alabama Ave SE in Washington, DC and zip code 20020 in the Southeast neighborhood. This 3,360 square foot home, which was built in 1946, sits on a 0.10 acre lot. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $1,000,000.

In October 2024 more than 142 listings in Washington, DC were sold above the asking price. During the same period more than 118 listings were sold at asking price, while more than 225 were sold below. The inventory of homes for sale in Washington, DC between September 2024 and October 2024 increased by 21.3%. The median list price of listings available in October 2024 was $672,329, while the average time on the real estate market was 43 days.

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

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