Sold934d on market
2909 Nelson Pl SE
Washington, DC, 20019 • Greenway • District of Columbia
$685,000
$196/sqft
7Beds
4Baths
3,500Sqft
0.09 acLot
1940Built
Property DNA
Colonial Style
Built 1940 · 86 years of history
Special Features
Above Grade · Below Grade
This home is getting attention
Listed 934 days ago · 1 views
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
934 days on market
Established listing
$196/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 49% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1940
Situated in the historically esteemed Hillcrest district, discover a Colonial-style quadruplex built in 1940 that stands as a prime investment opportunity for savvy investors and/or first-time homebuyers. Spanning 3,500 sqft, the property consists of three units, each with 2 bedrooms and 1 bath, and a fourth unit featuring 1 bedroom and 1 bath with an optional second room that could be finished. Being sold as-is, this enduring brick construction needs some work but embodies a unique investment allure, offering immediate cash flow potential through the live-rent model. Investors and homeowners alike can live in one unit and let the others drive substantial rental income, potentially offsetting or erasing the mortgage. Perfectly compatible with FHA financing, with the possibility of minimal to zero down payment, this property also holds promise for those looking for move-in and rent-ready prospects. Its strategic layout, prime location near major commuter pathways, Anacostia Waterfront, vibrant Capitol Hill, and its DC-declared opportunity zone status further accentuate its growth potential. Vacant and free from TOPA rights complications, it's a turn-key proposition waiting for the right vision and investor's eye, promising a tangible ROI and future appreciation with neighboring 2-bedroom units commanding rents over $1600. This quadruplex jewel in Hillcrest is an enticing proposition, ready to be transformed by the right investor and/or first-time homeowner.
Estimated monthly payment
Based on current rates
$4,468/month
Principal & Interest$3,554
Property Tax$685
Insurance$228
Down payment20% ($137,000)
3%50%
Est. 6.75% rate · 30yr fixed · $548,000 loan
Full calculator →At a glance
Key facts and listing details
TypeQuadruplex
Year Built1940
HeatingHot Water, Electric, Natural Gas
CoolingCentral Air, Electric, Natural Gas
ParkingOpen Parking
Property
Home typeMulti Family
Sub-typeQuadruplex
StyleColonial
ConditionBelow Average,Average,Good
Year built1940
Systems
HeatingHot Water, Electric, Natural Gas
CoolingCentral Air, Electric, Natural Gas
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street
Lot4,128 sqft
Location & Tax
NeighborhoodGreenway
ZoningN/A
Annual tax$5,148
Parcel5505S0003
Features & details
9 categories of property features
Interior Features
Appliances
Gas Water Heater
Electric Water Heater
Heating
Hot Water
Electric
Natural Gas
Cooling
Central Air
Electric
Natural Gas
Accessibility
None
Exterior Features
Parking
On Street
Construction
Brick
Lot Features
Unknown Soil Type
Pool Features
None
Other Structures
Above Grade
Below Grade
Room details
1 room detailed
Basement
0
Listing insights
Market data and value estimates
StatusSold
Days on market934
Est. rent$5,545/mo
Tax rate0.65%
Price/sqft$196
On marketAug 28, 2023
PostedAug 28, 2023
Last sold$685,000
MLS updatedOct 3, 2023
Tour days6
Views1
How are the schools in Washington?
3 schools rated nearby
Location
Washington, DC, 20019
Price history
4 events
DateEventPrice$/sqftSource
Sep 18, 2023Sold$685,000$196Bright MLS
Aug 29, 2023Contingent$699,999$200Bright MLS
Aug 28, 2023Listed For Sale$699,999$200Bright MLS
Jul 26, 2001Sold$140,000$40Public Record
Sold$685,000
Sep 18, 2023•$196/sqft•Bright MLS
Contingent$699,999
Aug 29, 2023•$200/sqft•Bright MLS
Listed For Sale$699,999
Aug 28, 2023•$200/sqft•Bright MLS
Sold$140,000
Jul 26, 2001•$40/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2025$6,191$728,370
Apr 10, 2024$6,072$714,350
Apr 10, 2023$5,857$689,040
Apr 10, 2022$5,148$605,670
Apr 10, 2021$4,692$551,970
Apr 10, 2020$4,210$495,280
Apr 10, 2018$3,489$410,450
Apr 10, 2017$2,986$351,310
Apr 10, 2016$2,527$297,290
Apr 10, 2015$2,439$286,890
Apr 10, 2014$2,071$243,670
Apr 10, 2013$2,182$256,680
Apr 10, 2012$2,201$258,990
Apr 10, 2011$2,201$258,990
Apr 10, 2010$2,982$350,810
Apr 10, 2009$3,028$356,180
Apr 10, 2007$1,953$221,880
Apr 10, 2006$1,443$156,860
Apr 10, 2005$1,363$142,000
Apr 10, 2004$1,332$138,800
Apr 10, 2003$1,030$107,280
Apr 10, 2002$920$95,789
Apr 10, 2001$1,102$95,789
Nearby homes
Neighborhood details
Local context around this listing
Washington, DC • District of Columbia
Nearby neighborhoods
Adams MorganCapitol HillColumbia HeightsDupont CircleFoggy BottomLogan CirclePetworthSixteenth Street HeightsSouthwest WaterfrontWashington Highlands
Nearby cities
Washington
Nearby zip codes
20001200022000320009200102001120016200192002020032
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