3 months on rocket

2928 Nelson Pl SE, Washington, DC, 20019

$1,150,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,720 SqFt
$423/SqFt
Multi

Location

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2928 Nelson Pl SE, Washington$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1940
HeatingOther
CoolingMulti Unit(s)
MLS #DCDC2154388
Lot Size0.09 Acres
StatusActive
(ACTIVE)

About 2928 Nelson Pl SE

Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer. The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs. Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1940
  • Living Area: 2,720 SqFt

Listing Office:

  • Office Name: RE/MAX Allegiance
  • Office Phone: (703) 237-9500
  • Listing Agent: Sebrin Adem

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Multi Unit(s)

Other

Directions Information:

  • Directions: From downtown DC, take Pennsylvania Ave Eastbound. Turn Left on Minnesota Ave, SE. Turn left onto Nelson Place, SE

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $423/SqFt

Tax Information:

  • Annual Amount: $22,187
  • 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

2928 Nelson Pl SE vs Washington

96 DAYS ON ROCKET

+53 Days

$1,150,000

+$477.6K More

$423/SqFt

-$88 Less

KEY TAKEAWAY

This property is $477.6K more than the Median Sold Price and $88/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: #DCDC2154388

Listing Office:

  • Office Name: RE/MAX Allegiance
  • Office Phone: (703) 237-9500
  • Listing Agent: Sebrin Adem

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: 11/17/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 18, 2005Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$22,187$443,730
2019$3,449$405,830
2018$3,156$371,240
2017$2,736$321,830

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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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-381154
4
/10

  • Randle Highlands Elementary School

  • 1650 30th St SE

  • 0.44 miles

  • Public District Grades EE-5

school-card-donut-381155
3
/10

  • Orr Elementary School

  • 2200 Minnesota Ave SE

  • 0.52 miles

  • Public District Grades EE-5

school-card-donut-381156
4
/10

  • Kimball Elementary School

  • 3375 Minnesota Ave SE

  • 0.68 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 $28,582. The majority of Washington, DC residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20019›2928 Nelson Pl SE

This home is located at 2928 Nelson Pl SE in Washington, DC and zip code 20019 in the Greenway neighborhood. This 2,720 square foot home, which was built in 1940, sits on a 0.09 acre lot. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $1,150,000.

While more than 142 listings in Washington, DC in October 2024 were sold above asking price, there were more than 118 listings sold at asking price, and 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%. In October 2024 median list price was $672,329 and the average listing age was 43 days.

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

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