NE DC Investment Opportunity – Multi-Unit Potential + Instant Equity
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.
Middle Or Junior School: WHEATLEY EDUCATION CAMPUS
Utilities
Equipment
Cooling: Ceiling Fan(s), Central A/C
Heating: Central, Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 4 bedrooms and 2 bathrooms in this single-family home at 1505 West Virginia Avenue NE.
What schools are nearby to 1505 West Virginia Avenue NE?
Nearby schools include the WHEATLEY EDUCATION CAMPUS Elementary School, WHEATLEY EDUCATION CAMPUS Middle School, and EASTERN SENIOR High School.
What are the annual taxes for 1505 West Virginia Avenue NE?
Annual taxes for this single-family home are estimated at $1,215.
How does 1505 West Virginia Avenue NE compare to other single-family homes in Trinidad?
This single-family home is listed 25% below the average price for single-family homes in Trinidad and has been on the market for 6 more days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,949 sqft.
1505 West Virginia Avenue NE is a 4-bedroom, 2-bath single-family home for sale in WASHINGTON DC 20002. On Prevu for 109 days at $536,750. This includes a recent price decrease of $28,250. This property features 1,949 square feet of living space, located in Trinidad. The median listing price for single-family homes in this area is $620,000. Nearby schools include WHEATLEY EDUCATION CAMPUS Elementary School, WHEATLEY EDUCATION CAMPUS Middle School, and EASTERN SENIOR High School. Property amenities include dishwasher, parking, and dryer. Explore more single-family home listings in Washington.
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