430 Condon Ter Se, WASHINGTON, DC 20032
Local realty services provided by:Better Homes and Gardens Real Estate Capital Area
430 Condon Ter Se,WASHINGTON, DC 20032
$875,000
- 15 Beds
- - Baths
- 3,155 sq. ft.
- Multi-family
- Active
Listed by:marc cashin
Office:corcoran mcenearney
MLS#:DCDC2212500
Source:BRIGHTMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$277.34
About this home
Turn the key on a fully-revitalized five-residence building that sits just uphill from the momentum of Congress Heights. Taken down to the studs between 2019 and 2020, more than $450,000 was invested to deliver five legal 3-bed/1-bath apartments, each with its own washer-dryer, central HVAC, stainless appliances, new windows, recessed lighting and fresh flooring. A new TPO roof, all-new framing, plumbing, electrical, insulation (even the crawl space), exterior railings, fencing and a concrete basement slab complete a head-to-toe rebuild designed for decades of low-maintenance ownership.
The location is pure growth story: a five-minute stroll to the Green Line at Congress Heights Metro and the 4,200-seat Entertainment & Sports Arena, home of the Washington Mystics and practice hub for the Wizards. The building also stands within the 5-million-square-foot, $1 B+ St. Elizabeths East redevelopment, now adding retail villages, 400+ new residences and the $375 M Cedar Hill Regional Medical Center.
At roughly 2,640 SF of rentable interior space, the property’s efficient footprint promises strong cash flow while limiting operating expenses. Delivered 100 % vacant and free of TOPA complications, investors can launch leasing or a master-lease strategy on day one.
Whether you’re targeting stabilized workforce housing, co-living, subsidized housing opportunities, or a value-add exit, this turnkey asset offers scale, modern systems and a catalytic neighborhood, all at a price point rarely seen inside the District.
C of O, Basic Business License, and building floor plan available upon request
Contact an agent
Home facts
- Year built:1950
- Listing Id #:DCDC2212500
- Added:21 day(s) ago
- Updated:August 15, 2025 at 01:31 PM
Rooms and interior
- Bedrooms:15
- Living area:3,155 sq. ft.
Heating and cooling
- Heating:90% Forced Air, Natural Gas
Structure and exterior
- Year built:1950
- Building area:3,155 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$277.34
- Tax amount:$2,634 (2024)
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