| POTENTIAL OUTSALE OF $8-$10 MILLION | Seller Financing and/or Extended Settlement Available | NEW PRICE - MOTIVATED SELLER | 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.
Lot/land
Price cut: $135.1K (4/17)
$1,864,900
650 Morton St NW, Washington, DC 20010
--beds
--baths
6,740Square Feet
Unimproved Land
Built in ----
6,740 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Existing end-of-row rowhouse
- 206 days
- on Zillow |
- 47 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: April 25, 2025 at 04:45am
Listed by:
Chris Burns 202-251-7465,
TTR Sotheby's International Realty
Source: Bright MLS,MLS#: DCDC2164402

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Facts & features
Property
Lot
- Size: 6,740 Square Feet
- Dimensions: 41'6 x 162'7
- Features: Unknown Soil Type
Details
- Parcel number: 3040//0034
- Zoning: RA-3
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Septic
- Water: Public
Community & HOA
Community
- Subdivision: Park View
HOA
- Has HOA: No
Location
- Region: Washington
Financial & listing details
- Tax assessed value: $850,620
- Annual tax amount: $7,092
- Date on market: 10/14/2024
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Negotiable,Seller Financing,Private Financing Available
- Ownership: Fee Simple
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