2 months on rocket

735 Alabama Ave SE, Washington, DC, 20032

$640,000

Home List Price

$7,600*

Closing Credit

0 Baths
3,236 SqFt
$198/SqFt
Multi

Location

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735 Alabama Ave SE, Washington$640,000

Buyer Closing Credits

$7,600*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1925
HeatingHot Water
CoolingNone
MLS #DCDC2158866
Lot Size0.08 Acres
StatusActive
(ACTIVE)

About 735 Alabama Ave SE

Charming Quadruplex in vibrant Congress Heights – Perfect Investment Opportunity! Welcome to 735 Alabama Ave SE, a beautifully renovated quadruplex nestled in the up-and-coming Congress Heights neighborhood. This property boasts four 1-bedroom, 1-bath units, 3 rented and cash-flowing with several long-term tenants in place. This offers the flexibility for a new owner to occupy one unit and benefit from the income generated from the other 3. A value-add opportunity Key highlights of this property include a full renovation completed in 2013, featuring modern upgrades such as new plumbing, electrical, and HVAC systems in two units. The renovation also covered gas lines, the main sewage line, new siding, a roof, and updated flooring, making this a hassle-free investment with minimal maintenance needs. With over 3,400 sqft of living space, each unit offers a comfortable layout perfect for tenants seeking cozy, low-maintenance living. The property also includes three parking spots at the rear, a rare find in this sought-after area. Don't miss out on this income-generating opportunity with the potential for an owner-occupant arrangement, all while benefiting from the growth of Congress Heights.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1925
  • Living Area: 3,236 SqFt

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (703) 378-8810
  • Listing Agent: Ahmad Omar Azzarkani

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: see gps

Price Information

Listing Price Info

Price Summary:

  • List Price: $640,000
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $4,055
  • 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

735 Alabama Ave SE vs Washington

66 DAYS ON ROCKET

+23 Days

$640,000

-$32.3K Less

$198/SqFt

-$313 Less

KEY TAKEAWAY

This property is $32.3K less than the Median Sold Price and $313/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: #DCDC2158866

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (703) 378-8810
  • Listing Agent: Ahmad Omar Azzarkani

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, 12:20:52 PM 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 24, 2012Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,055$477,100
2019$4,029$474,080
2018$3,910$460,030
2017$3,941$463,670

History based on county public records data.

Payment Calculator

$3,262

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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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-437899
3
/10

  • Martin Luther King Elementary School

  • 3200 6th St SE

  • 0.19 miles

  • Public District Grades EE-5

school-card-donut-437900
3
/10

  • Simon Elementary School

  • 401 Mississippi Ave SE

  • 0.58 miles

  • Public District Grades EE-5

school-card-donut-437901
3
/10

  • Malcolm X Elementary School

  • 1500 Mississippi Ave SE

  • 0.62 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 $55,421. The most common annual income of people living in Washington, DC is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20032›735 Alabama Ave SE

This home is located at 735 Alabama Ave SE in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 3,236 square foot home, which was built in 1925, sits on a 0.08 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $640,000.

Washington, DC housing market in October 2024 saw over 142 listings sold above listed price, more than 118 sold at listed price and over 225 sold below. The number of homes for sale in Washington, DC increased by 21.3% between September 2024 and October 2024. 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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