2909 Nelson Pl SE, Washington, DC 20019
SOLDSEP 18, 2023

2909 Nelson Pl SE
Washington, DC 20019

Greenway
  • 7 Beds
  • 4 Baths
  • 3,500 sqft
  • 7 Beds
  • 4 Baths
  • 3,500 sqft

$685,000

Last Sold: Sep 18, 2023
2% below list $700K
$196/sqft
Est. Refi. Payment $3,997/mo*

Homes for Sale Near 2909 Nelson Pl SE

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from October 03, 2023
Situated in the historically esteemed Hillcrest district, discover a Colonial-style quadruplex built in 1940 that stands as a prime investment opportunity for savvy investors and/or first-time homebuyers. Spanning 3,500 sqft, the property consists of three units, each with 2 bedrooms and 1 bath, and a fourth unit featuring 1 bedroom and 1 bath with an optional second room that could be finished. Being sold as-is, this enduring brick construction needs some work but embodies a unique investment allure, offering immediate cash flow potential through the live-rent model. Investors and homeowners alike can live in one unit and let the others drive substantial rental income, potentially offsetting or erasing the mortgage. Perfectly compatible with FHA financing, with the possibility of minimal to zero down payment, this property also holds promise for those looking for move-in and rent-ready prospects. Its strategic layout, prime location near major commuter pathways, Anacostia Waterfront, vibrant Capitol Hill, and its DC-declared opportunity zone status further accentuate its growth potential. Vacant and free from TOPA rights complications, it's a turn-key proposition waiting for the right vision and investor's eye, promising a tangible ROI and future appreciation with neighboring 2-bedroom units commanding rents over $1600. This quadruplex jewel in Hillcrest is an enticing proposition, ready to be transformed by the right investor and/or first-time homeowner.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$196/sqft
Listed
180+ days ago

Home Details for 2909 Nelson Pl SE

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3500 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater, Electric Water Heater
Heating & Cooling
Heating: Hot Water,Electric,Natural GasHas CoolingAir Conditioning: Central A/C,Electric,Natural GasHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Accessibility: None

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: Slab
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexStructure Type: DetachedArchitecture: Colonial
Building
Construction Materials: BrickNot a New Construction
Property Information
Condition: Below Average, Average, GoodNot Included in Sale: Refer To Inclusion & Exclusion AddendumIncluded in Sale: Refer To Inclusion & Exclusion AddendumParcel Number: 5505/S/0003

Price & Status

Price
List Price: $699,999Price Per Sqft: $196/sqft
Status Change & Dates
Off Market Date: Mon Sep 18 2023Possession Timing: 0-30 Days CD

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: Washington
School Information
Elementary School District: District Of Columbia Public SchoolsJr High / Middle School District: District Of Columbia Public SchoolsHigh School District: District Of Columbia Public Schools

Community

Number Of Vacant Units: 4

Lot Information

Lot Area: 4128 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: FHA, Conventional, Cash

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: $
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Rental

Are Units Furnished: None

Miscellaneous

Mls Number: DCDC2108058
Last check for updates: about 18 hours ago
Listed by Carlos Credle, (240) 486-3643
Samson Properties
Bought with: Carlos Credle, (240) 486-3643, Samson Properties
Source: Bright MLS, MLS#DCDC2108058

Price History for 2909 Nelson Pl SE

DatePriceEventSource
09/18/2023$685,000Sold
Bright MLS #DCDC2108058
08/29/2023$699,999ContingentBright MLS #DCDC2108058
08/28/2023$699,999Listed For SaleBright MLS #DCDC2108058
07/26/2001$140,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$5,857
Assessment$714,350
Home facts updated by county records

Comparable Sales for 2909 Nelson Pl SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.21
Multi-Family Home
$779,000
05/05/23
5
5
2,390
0.22
Multi-Family Home
$810,000
05/31/23
5
5
2,880
0.23
Multi-Family Home
$810,000
05/16/23
5
5
2,880
0.24
Multi-Family Home
$808,000
05/10/23
5
5
2,880
0.41
Multi-Family Home
$980,000
10/20/23
4
-
3,456
0.62
Multi-Family Home
$770,000
06/12/23
4
-
2,800
0.43
Multi-Family Home
$680,000
07/25/23
4
-
1,332
0.54
Multi-Family Home
$321,000
11/16/23
6
-
1,988
0.66
Multi-Family Home
$400,000
05/19/23
4
-
1,980

Assigned Schools

These are the assigned schools for 2909 Nelson Pl SE.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Greenway

  • Trulia User
    "There be concerts in the park across from my home and It is always cookouts and fun things to do in the summer in the park"
    1
    Flag
  • Jasmine W.
    "Not dog friendly. There are no dog parks and the dogs that I see in this neighborhood leave dog poop all on the sidewalks just right outside my building . "
    2
    Flag
  • Avita B.
    "its close to stores and my children school. but the area needs to be cleaned up more from the drugs."
    11
    Flag
  • Felishajones38
    "Nothing it is horrible . There is a lot of drug use and activity almost on every block. Management is aware of the issue but does nothing. "
    9
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 2909 Nelson Pl SE

Off Market Homes Near 2909 Nelson Pl SE

2909 Nelson Pl SE, Washington, DC 20019 is a 7 bedroom, 4 bathroom, 3,500 sqft multi-family built in 1940. 2909 Nelson Pl SE is located in Greenway, Washington. This property is not currently available for sale. 2909 Nelson Pl SE was last sold on Sep 18, 2023 for $685,000 (2% lower than the asking price of $699,999). The current Trulia Estimate for 2909 Nelson Pl SE is $868,800.