PROJECTED OUTSALE OF $8 - $10 MILLION Prime Residential Development Opportunity Across from the Newly-Built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including townhouse or "2 over 2" condos , a traditional multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.
Property Details
Property Features
Listing Office:
Office Name: TTR Sotheby's International Realty
Office Phone: (202) 234-3344
Listing Agent: Christopher S Burns
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Other
Directions Information:
Directions: Enter from Georgia Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $2,249,999
Tax Information:
Annual Amount: $5,846
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $1.5M more than the Median Sold Price in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2164402
Listing Office:
Office Name: TTR Sotheby's International Realty
Office Phone: (202) 234-3344
Listing Agent: Christopher S Burns
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
7
/10
Bruce Monroe Elementary School @ Park View
3560 Warder St NW
Distance between this listing and this school0.19 miles
Public District Grades EE-5
5
/10
Raymond Education Campus
915 Spring Rd NW
Distance between this listing and this school0.32 miles
Public District Grades EE-5
5
/10
Tubman Elementary School
3101 13th St NW
Distance between this listing and this school0.39 miles
Public District Grades EE-5
Nearby Schools
3
/10
E.L. Haynes Public Charter School - Middle School
3600 Georgia Ave NW
Distance between this listing and this school0.19 miles
Public Charter Grades 5-8
6
/10
Capitol Hill Montessori School at Logan
2501 11th St NW
Distance between this listing and this school0.64 miles
Public District Grades PK-8
2
/10
Howard University Middle School of Math and Science
405 Howard Road Place NW
Distance between this listing and this school0.65 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
Benjamin Banneker High School
800 Euclid St NW
Distance between this listing and this school0.56 miles
Public District Grades 9-12
4
/10
Cardozo Education Campus
1200 Clifton St NW
Distance between this listing and this school0.73 miles
Public District Grades 9-12
2
/10
Roosevelt High School
4301 13th St NW
Distance between this listing and this school0.84 miles
The neighbors living near this home have an average income of $64,435. The majority of Washington, DC residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 650 Morton St NW
What is the listing price of this property?
The listing price of 650 Morton St NW property is $2,249,999.
What type of property is this?
The property 650 Morton St NW is land located in Washington, District of Columbia, 20010.
Is this property for sale now?
Active Listing: 650 Morton St NW is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,846 (source: MLS/based on county public records data).
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This home is located at 650 Morton St NW in Washington, DC and zip code 20010 in the Park View neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $2,249,999.
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 number of homes for sale in Washington, DC increased by 21.3% between September 2024 and October 2024. Listings spent 43 days on the market in October 2024, and had a median list price of $672,329 during the same period.
From Rocket Homes Real Estate and based on county public records data.