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430 Condon Terrace SEWashington, DC 20032

For Sale

$875,000

Smart Buyer Rebate $8,750

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

Listed by Marc Cashin

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License #BR40000263

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Corcoran McEnearney

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2029003126

Last updated July 29, 2025

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Source: BrightMLS #DCDC2212500

Listing Facts

  • TypeMulti-family
  • NeighborhoodWashington Highlands
  • Days on Prevu48
  • Taxes$2,634/year
  • Size3,155 sqft
  • Price per sqft$277

Location

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Listing History

07/24/2025
Listed by Corcoran McEnearney
$875,000

Property Details for 430 Condon Terrace SE

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 1950
  • Architectural Style: Contemporary
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.08
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,440
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,634.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 3,155
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 817

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: 90% Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

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.