PRICE IMPROVEMENT!! **Seller is willing to offer a concession to points to buy down the rate to help increase your PROFIT. **This home is eligible for a $10k Welcome Home GRANT toward an eligible buyer's down payment. This is what you've been waiting for as your start to build wealth in the developing neighborhood of Deanwood. This property is investor friendly or for a first-time homebuyer. Live in the vacant top unit and rent out the rest of the property. Basement unit brings in $1,552 and unit #1 brings $1,456. This is an opportunity to buy a cash flowing property with room to increase the value as the neighborhood progresses. The top unit and building hallway has just been updated and ready to rent or move into as a primary residence, while the other units pay your mortgage. The property can bring in $4,560 a month fully occupied. TOPA process is complete. All offers will be considered
For sale
Price cut: $34K (4/22)
$540,000
807 48th Pl NE, Washington, DC 20019
6beds
--baths
1,995sqft
Est.:
Triplex
Built in 1933
-- sqft lot
$539,600 Zestimate®
$271/sqft
$-- HOA
What's special
Vacant top unit
- 83 days
- on Zillow |
- 160 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 05:51am
Listed by:
Anna-Marie Ashe 717-332-1369,
Area Real Estate
Source: Bright MLS,MLS#: DCDC2189604

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 665
Heating
- Hot Water, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,995
- Total interior livable area: 1,995 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,677 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 5149//0807
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1933
Utilities & green energy
- Sewer: No Septic System
- Water: Public
Community & HOA
Location
- Region: Washington
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $421,100
- Annual tax amount: $3,579
- Date on market: 3/12/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Private Financing Available,FHA,FHA 203(k),VA Loan
- Ownership: Fee Simple
- Total actual rent: 54720
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