




$465,500
4 bd · 2 ba · 1,949 sqft · 1,742 sqft lot
1505 W Virginia Ave NE, Washington, DC 20002
Townhouse · Built 1927 · $239/sqft ·
$2,467/mo est. payment
Ready to renovate and build instant equity. NE DC Investment Opportunity - Multi-Unit Potential. Now at a lower price!!! 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.
Wheatley Education Campus
elementary · K-8 · 0.2 mi
Dunbar High School
high · 9-12 · 1.3 mi
Model Secondary School for The Deaf
high · 9-12 · 0.3 mi
Center City PCS - Trinidad
elementary · K-8 · 0.2 mi
KIPP DC PCS: College Preparatory
high · 9-12 · 0.3 mi
Maya Angelou Academy at Youth Services Center
middle · 6-12 · 0.3 mi
$461,000
Listed by Ressie Wallace Wilson · Remax Allegiance · BrightMLS

















