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409 E Capitol St SE, Washington, DC, 20003

2beds
2baths
0sqft
$1,370,000
--price/sqft
$7,988/moest. monthly cost
$319,520/yrincome needed

About This Home

Rare Capitol Hill redevelopment opportunity just blocks from Eastern Market. This 1,746 SF two-story property offers exceptional value-add potential for investors, developers, or owner-users. The first floor features an open layout with an existing half bath and plumbing, while the second floor includes a two-bedroom, one-bath residence. The current owner has already invested significant time, capital, and professional resources into the property’s redevelopment, including approvals for 60% lot occupancy and a third-story addition, all of which will transfer to the next owner—allowing you to build on years of planning rather than start from scratch. Lockbox on site. Contact the listing agent for the lockbox code, redevelopment documents, and additional information.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
98
BikeBiker's Paradise

Schools

10/10
Brent Elementary SchoolGrades PK-50.3 mi
3/10
Eastern High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0817//0812
  • Zoning: RESIDENTIAL
  • Zoning description: It is officially listed as residential but since it used to be mixed use, store/office on first floor, it can revert back.
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 1,800 sqft
  • Features: Unknown Soil Type

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across District of Columbia Counties

Other

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,927$83,124
Home Insurance *$211$2,532
Property Taxes $685$8,220
Electricity $165$1,989
Total$7,988$95,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$273,874/yr
40% on housing$239,640/yr
45% on housing$213,013/yr

District of Columbia FAIR Plan Programs

District of Columbia Property Insurance Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.4%
7.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 20003$638
District of Columbia$599

vs Homes Sold Last Month

Median $/sqft

ZIP 20003$757
District of Columbia$394

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-12Listed for sale$1,370,000
2026-06-23Listing removed$1,375,000
2026-06-21Listed for sale$1,375,000
2023-11-09Listing removed--
2021-11-08Sold$1,290,000
2021-10-20Contingent$1,349,000
2021-10-05Listed for sale$1,349,000

For Sale by Agent

AgentFred Malek
BrokerageSpring Hill Real Estate, LLC.

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