1507 17th St Se, Washington, DC 20020
Local realty services provided by:CENTURY 21 Charles Smith Agency, Inc.
1507 17th St Se,Washington, DC 20020
$399,900
- 4 Beds
- - Baths
- 3,296 sq. ft.
- Multi-family
- Active
Listed by: abel m gebremichael
Office: real broker, llc.
MLS#:DCDC2287336
Source:BRIGHTMLS
Price summary
- Price:$399,900
- Price per sq. ft.:$121.33
About this home
1507 17TH ST SE: 4-UNIT VALUE-ADD ASSET (1 VACANT / 3 OCCUPIED). Solid brick 4-unit building offered at an accessible price point, presenting a direct repositioning opportunity for an owner-occupant or value-add investor. The building layout features one (1) vacant unit ready for immediate occupancy or market lease-up, alongside three (3) occupied units with scheduled rents of $1,000, $1,100, and $1,400 per month.
The property is in need of cosmetic and capital improvements, making it an ideal candidate for FHA 203(k) renovation financing, Fannie Mae HomeStyle, or private construction loans to renovate, stabilize, and build forced equity over time. The pricing is positioned attractively relative to nearby block sales, including the recent closing of 1523 17th St SE in similar condition for $485,000.
TERMS & FIDUCIARY STATUS:
The seller is an appointed trustee and is exempt from standard D.C. property disclosure statement requirements. Sold strictly AS-IS, WHERE-IS, with all faults. Buyer and buyer's broker are solely responsible for performing all independent due diligence regarding existing lease agreements, tenant payment history, regulatory status, Certificate of Occupancy, Basic Business License compliance, and overall structural/mechanical condition....
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Home facts
- Year built:1941
- Listing ID #:DCDC2287336
- Added:13 day(s) ago
- Updated:October 23, 2026 at 01:40 PM
Rooms and interior
- Bedrooms:4
- Living area:3,296 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Year built:1941
- Building area:3,296 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:A-Frame
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$121.33
- Tax amount:$6,158 (2026)
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