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1505 W Virginia Ave NE, Washington, DC, 20002

4beds
2baths
1,949sqft
$536,750
$275price/sqft
$3,078/moest. monthly cost
$123,120/yrincome needed

About This Home

NE DC Investment Opportunity – Multi-Unit Potential + Instant Equity Buy low, renovate, and capture equity fast. This RF-1 rowhome is a rare opportunity to enter one of D.C.’s hottest neighborhoods, with flexible 3–4-bedroom space and multi-unit conversion potential (buyer to verify). Why This Property Wins High-margin equity play – create a single-family dream home or convert to 2–3 income-producing units Built-in value – front porch, rear deck, fenced yard, parking under the deck, and solar panels (2023) Off-street parking – a rare “DC Gold” feature that boosts resale and rental appeal Financing Made Easy Eligible for FHA 203(k), VA, and conventional renovation loans – roll acquisition + renovation into one simple mortgage. Short Sale Advantage The bank is ready to accept 95% of the list price. Appraisal done, no guesswork, fast closing possible. Location You Can’t Beat Minutes to Union Market, H Street Corridor, and National Arboretum. Close to Metro and bus lines, attracting steady demand from professionals. Bottom Line Step in at entry-level pricing, renovate, and build equity. Multi-unit potential + strategic location = a rare opportunity in NE DC. Don’t wait.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

4/10
Wheatley Education CampusGrades PK-80.3 mi
3/10
Dunbar High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Below Average
  • Year built: 1927

Materials

  • Foundation: Block,Brick/Mortar
  • Roof: Built-Up
  • Construction materials: Block,Brick

Notable Dates

  • Major remodel year: 2022

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Disposal,Dryer,Exhaust Fan,Refrigerator,Stainless Steel Appliance(s),Cooktop,Washer,Water Heater,Gas Water Heater
  • Laundry features: In Basement,Dryer In Unit,Washer In Unit

Basement

  • Area: 569

Basement

  • Has basement: Yes
  • Basement: Full,Heated,Improved,Interior Entry,Exterior Entry,Rear Entrance,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Chair Railings,Crown Molding,Dining Area,Family Room Off Kitchen,Open Floorplan,Formal/Separate Dining Room,Kitchen - Galley,Wainscotting,Walk-In Closet(s),Dry Wall
  • Window features: Double Hung
  • Finished area below ground: 569
  • Finished area above ground: 1,380

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 1,949
  • Total interior livable area: 1,949 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 4058//0072
  • Zoning: RF-1
  • Zoning description: A building or structure existing before May 12, 1958 in the RF-1 zone may be used for more than 2 dwelling units.
  • Special condition: Short Sale

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Exterior features: Sidewalks,Street Lights
  • Fencing: Partial,Back Yard,Wood

Lot

  • Lot size: 1,742 sqft
  • Features: Rear Yard,Urban,Urban Land-Cristiana-Sunnysider

Parking

  • Total spaces: 2
  • Parking features: Concrete,Enclosed,Paved,Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2