Exceptional Investment Opportunity in the Heart of Hillcrest – Permits Approved & Ready to Build! Offered below Tax assessment value. Savvy investors, take note! This rare Colonial-style quadruplex in the highly sought-after Hillcrest neighborhood offers a prime opportunity to capitalize on a high-potential project. With building permits in hand and approved floor plans, the heavy lifting has already been done — the property is fully gutted, framed, and ready for your finishing touches.
Boasting solid brick construction and spanning approximately 3,480 sq ft, this multi-family building features:
4 total units
Two 3-bedroom, 2-bath units
Two 2-bedroom, 2-bath units
Located in a DC-designated Opportunity Zone, this property offers potential tax advantages and is ideal for investors looking to hold or flip in a high-demand area. The Hillcrest district is known for its charm, historic appeal, and strategic location — just minutes from Capitol Hill, the Anacostia Waterfront, major commuter routes, public transit, and more.
Property Highlights:
Colonial-style architecture
Framed and ready for build-out
Building permits and floor plans already secured
Strong rental income potential
Ideal for condo conversion, short-term rental, or long-term hold
Proximity to major amenities, downtown DC, and new development corridors
Sold AS-IS, this is your chance to transform a well-positioned property into a cash-flowing asset in one of DC’s emerging growth markets.
📍 Don’t let this unique Hillcrest gem pass you by — schedule a tour or submit your offer today!
Listed by Guillermo Patino
·
Long & Foster Real Estate, Inc.
·
7039327550
Last updated October 06, 2025
·
Source: BrightMLS #DCDC2225342
Listing Facts
TypeMulti-family
NeighborhoodDupont Park
Days on Prevu20
Taxes$5,151/year
Size3,480 sqft
Price per sqft$201
Location
Mortgage Calculator
Listing History
10/02/2025
Listed by Long & Foster Real Estate, Inc.
$700,000
Property Details for 3005 Nelson Place SE
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Property Condition: Major Rehab Needed, Good
Stories Total: 2
Year Built: 1939
Architectural Style: Colonial
Construction Materials: Brick Front
Features
Other Structures: Above Grade
Waterfront: No
Measurements
Lot Dimensions Source: Estimated
Lot Size Acres: 0.10
Lot Size Dimensions: 4,442
Lot Size Source: Estimated
Lot Size Square Feet: 4,356
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $5,151.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 3,480
Living Area Source: Estimated
Rooms
Has Basement: No
Other
Location
Subdivision Name: HILLCREST
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Ceiling Fan(s), Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Septic
Water Source: Public
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 in which participates, and is provided by BRIGHT
through a licensing agreement. The information provided by this website
is for the personal, non-commercial use of consumers and may not be used
for any purpose other than to identify prospective properties consumers
may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.