Back on the market. Deal falling through. Pending a release. Seller may sell the property. This is an estate sale. Exceptional investment opportunity! This building offers two two-bedroom units in a prime location just minutes from Washington, DC. Priced well below market value, reflecting its current condition, this property holds significant potential for value-add improvements. The owner has intentionally priced it with room for future upside, making it an excellent prospect for generating rental income. Please note, the property requires a full renovation, including addressing some structural issues, particularly on the left rear side of the building. Buyers are encouraged to conduct thorough inspections to ensure satisfaction. The listing price has been set to account for these factors, presenting a rare opportunity for those looking to invest and transform this property. This property is being sold in "AS IS" Condition.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1953
Living Area: 1,940 SqFt
Listing Office:
Office Name: Murrell, Inc., REALTORS
Office Phone: (301) 423-6834
Listing Agent: Carl V Allen
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: From Eastover shopping center continue on S Capitol St. S.E. turn left onto 1st St SW- turn right on Joliet St. SW- turn sharp right onto S Capitol Terrace SW
Price Information
Listing Price Info
Price Summary:
List Price: $235,000
Price Per SqFt: $121/SqFt
Tax Information:
Annual Amount: $432
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $441K less than the Median Sold Price and $390/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: #DCDC2160618
Listing Office:
Office Name: Murrell, Inc., REALTORS
Office Phone: (301) 423-6834
Listing Agent: Carl V Allen
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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Patterson Elementary School
4399 S Capitol Ter SW
Distance between this listing and this school0.40 miles
Public District Grades EE-5
3
/10
Forest Heights Elementary School
6360 Oxon Hill Rd
Distance between this listing and this school0.44 miles
Public District Grades PK-6
4
/10
Leckie Elementary School
4201 Martin Luther King Jr Ave SW
Distance between this listing and this school0.58 miles
Public District Grades EE-5
Nearby Schools
5
/10
Statesmen College Preparatory Academy for Boys Public Charter School
4600 Livingston Rd SE
Distance between this listing and this school0.30 miles
Public Charter Grades 4-6
7
/10
Ingenuity Preparatory Public Charter School
4600 Livingston Rd SE
Distance between this listing and this school0.30 miles
Public Charter Grades PK-7
4
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school1.25 miles
Public District Grades 6-8
Nearby Schools
3
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school1.24 miles
Public District Grades 9-12
1
/10
Ballou Stay High School
3401 4th St SE
Distance between this listing and this school1.24 miles
Public District Grades 9-12
2
/10
Potomac High School
5211 Boydell Ave
Distance between this listing and this school1.63 miles
The neighbors living near this home have an average income of $30,455. Most Washington, DC residents have annual incomes less than $35k. Typical family type is single, with kids. Most residents in this area have high school diploma education.
This home is located at 4765 S Capitol Ter SW in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 1,940 square foot home, which was built in 1953, sits on a 0.11 acre lot. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $235,000.
Washington, DC housing market in November 2024 saw over 85 listings sold above listed price, more than 83 sold at listed price and over 219 sold below. The number of homes for sale in Washington, DC increased by 4.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 43 days, the median list price was $676,027.
From Rocket Homes Real Estate and based on county public records data.